Q4 Earnings Estimate for Bit Digital Issued By HC Wainwright

Bit Digital, Inc. (NASDAQ:BTBT) – Equities researchers at HC Wainwright increased their Q4 2025 earnings per share (EPS) estimates for Bit Digital in a research report issued on Monday, May 19th. HC Wainwright analyst K. Dede now expects that the company will post earnings per share of $0.00 for the quarter, up from their prior forecast of ($0.01). HC Wainwright has a “Buy” rating and a $7.00 price objective on the stock. The consensus estimate for Bit Digital’s current full-year earnings is ($0.20) per share.

Bit Digital (NASDAQ:BTBT) last announced its earnings results on Thursday, May 15th. The company reported ($0.05) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.05). The company had revenue of $25.11 million during the quarter, compared to analysts’ expectations of $26.38 million. Bit Digital had a negative net margin of 2.75% and a negative return on equity of 5.69%.

Separately, Craig Hallum initiated coverage on shares of Bit Digital in a research note on Tuesday, January 21st. They issued a “buy” rating and a $6.00 price objective on the stock.

Bit Digital Price Performance

BTBT stock opened at $2.47 on Tuesday. The stock has a market cap of $503.26 million, a price-to-earnings ratio of 41.17 and a beta of 5.25. The company has a 50 day simple moving average of $2.08 and a 200 day simple moving average of $3.01. Bit Digital has a 1 year low of $1.69 and a 1 year high of $5.74.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of BTBT. Cerity Partners LLC purchased a new stake in shares of Bit Digital in the first quarter worth $25,000. OLD Mission Capital LLC bought a new position in Bit Digital in the 4th quarter worth about $31,000. Advance Capital Management Inc. purchased a new stake in shares of Bit Digital in the 1st quarter valued at about $31,000. Caitong International Asset Management Co. Ltd boosted its position in shares of Bit Digital by 2,892.1% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 15,200 shares of the company’s stock valued at $31,000 after acquiring an additional 14,692 shares during the last quarter. Finally, Cibc World Markets Corp purchased a new position in shares of Bit Digital during the fourth quarter worth about $33,000. 47.70% of the stock is currently owned by hedge funds and other institutional investors.

About Bit Digital

Bit Digital, Inc, together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications.