Financial Services -
Financial - Capital Markets - NASDAQ - US
$ 2.01
1.52 %
$ 410 M
Market Cap
10.58
P/E
1. INTRINSIC VALUE
Balance Sheet
Bit Digital, Inc.
| Current Assets | 297 M |
| Cash & Short-Term Investments | 98.2 M |
| Receivables | 27.1 M |
| Other Current Assets | 172 M |
| Non-Current Assets | 241 M |
| Long-Term Investments | 37.6 M |
| PP&E | 161 M |
| Other Non-Current Assets | 42.5 M |
| Current Liabilities | 55 M |
| Accounts Payable | 3.42 M |
| Short-Term Debt | 4.53 M |
| Other Current Liabilities | 47.1 M |
| Non-Current Liabilities | 19.7 M |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 19.7 M |
EFFICIENCY
Earnings Waterfall
Bit Digital, Inc.
| Revenue | 164 M |
| Cost Of Revenue | 62.4 M |
| Gross Profit | 101 M |
| Operating Expenses | 73.8 M |
| Operating Income | 27.6 M |
| Other Expenses | -743 K |
| Net Income | 28.3 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Bit Digital, Inc.
| Net Income | 28.3 M |
| Depreciation & Amortization | 32.3 M |
| Capital Expenditures | -94 M |
| Stock-Based Compensation | 9.88 M |
| Change in Working Capital | 0 |
| Others | -83.5 M |
| Free Cash Flow | -107 M |
Wall Street Analysts Price Targets
Bit Digital, Inc.
Wall Street analysts predict an average 1-year price target for BTBT of $6.33 , with forecasts ranging from
a
low of
$6 to a high of $7 .
BTBT Lowest Price Target
Wall Street Target
6 USD
198.51%
BTBT Average Price Target
Wall Street Target
6.33 USD
215.09%
BTBT Highest Price Target
Wall Street Target
7 USD
248.26%
4. DIVIDEND
ANALYSIS
BTBT does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Bit Digital, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
Bit Digital, Inc. (BTBT) Exceeds Market Returns: Some Facts to Consider
Bit Digital, Inc. (BTBT) closed the most recent trading day at $2.11, moving +1.93% from the previous trading session.
zacks.com
- 2 weeks ago
Is Most-Watched Stock Bit Digital, Inc. (BTBT) Worth Betting on Now?
Zacks.com users have recently been watching Bit Digital (BTBT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
zacks.com
- 2 weeks ago
Bit Digital, Inc. (BTBT) Outperforms Broader Market: What You Need to Know
The latest trading day saw Bit Digital, Inc. (BTBT) settling at $2.11, representing a +0.96% change from its previous close.
zacks.com
- 3 weeks ago
Is Bit Digital (BTBT) a Buy as Wall Street Analysts Look Optimistic?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
zacks.com
- 1 month ago
Bit Digital, Inc. (BTBT) is Attracting Investor Attention: Here is What You Should Know
Zacks.com users have recently been watching Bit Digital (BTBT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
zacks.com
- 1 month ago
Bit Digital-Cerebras deal signals strategic move up digital value chain, analysts say
Bit Digital Inc (NASDAQ:BTBT)'s announcement that it has secured the rights to a new data center site in Saint-Jérôme, Québec, in support of its previously disclosed 5MW colocation agreement with generative AI infrastructure provider Cerebras Systems has been welcomed as a positive development by analysts at Noble Capital Markets. Bit Digital has secured a 202,000-square-foot facility on 7.7 acres under a 20-year lease-to-own deal with a fixed-price purchase option available within 12 months.
proactiveinvestors.com
- 1 month ago
Bit Digital, Inc. (BTBT) Flat As Market Gains: What You Should Know
Bit Digital, Inc. (BTBT) closed the most recent trading day at $1.85, making no change from the previous trading session.
zacks.com
- 1 month ago
Bit Digital secures Québec site to support AI colocation deal with Cerebras
Bit Digital Inc (NASDAQ:BTBT) said on Friday it has secured rights to a new data center site in Saint-Jérôme, Québec. The new location will support a previously announced 5MW colocation agreement with Cerebras Systems, a developer of generative AI infrastructure.
proactiveinvestors.com
- 1 month ago
Bit Digital, Inc. Secures Site for New Tier 3 Data Center to Support Cerebras Colocation Contract
NEW YORK , April 11, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company") announced today that it has secured the rights to a new data center site in Saint-Jérôme, Québec ("MTL-3"), which is under development and will support the previously announced 5MW colocation agreement with Cerebras Systems ("Cerebras"), a leader in generative AI infrastructure. The facility spans approximately 202,000 square feet on 7.7 acres and is being developed to support current contracted capacity, with future expansion potential subject to utility approvals.
prnewswire.com
- 1 month ago
Bit Digital, Inc. (BTBT) Declines More Than Market: Some Information for Investors
Bit Digital, Inc. (BTBT) reachead $2 at the closing of the latest trading day, reflecting a -0.74% change compared to its last close.
zacks.com
- 1 month ago
Bit Digital, Inc. (BTBT) Is a Trending Stock: Facts to Know Before Betting on It
Bit Digital (BTBT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
zacks.com
- 1 month ago
Why the Market Dipped But Bit Digital, Inc. (BTBT) Gained Today
Bit Digital, Inc. (BTBT) closed at $2.27 in the latest trading session, marking a +0.89% move from the prior day.
zacks.com
- 1 month ago
8. Profile
Summary
Bit Digital, Inc. BTBT
COUNTRY
US
INDUSTRY
Financial - Capital Markets
MARKET CAP
$ 410 M
Dividend Yield
0.00%
Description
Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was incorporated in 2017 and is headquartered in New York, New York.
Contact
33 Irving Place, New York, NY, 10003
https://bit-digital.com
IPO
Date
March 20, 2018
Employees
54
Officers
Mr. William Cameron Schnier C.F.A.
Head of Investor Relations
Mr. David Bayle
Chief Technology Officer in Enovum
Ms. Luna Tan
Managing Director
Mr. Erke Huang
Chief Financial Officer, Secretary & Director
Mr. Jiashu Xiong
Executive Director
Mr. Benjamin Lamson
Head of Revenue
Mr. Billy Krassakopoulos
Chief Executive Officer of Enovum
Mr. Samir Tabar
Chief Executive Officer
Mr. Justin Zhu
Senior Vice President of Finance
Mr. Tom Sanfilippo
Chief Technology Officer