FMP
Bit Digital, Inc.
BTBT
NASDAQ
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.
2.09 USD
0.05 (2.39%)
Latest BTBT News
Alex Lavoie
Nov 18, 2024
Bit Digital, Inc. (NASDAQ:BTBT) Expands Focus Beyond Bitcoin Mining
Bit Digital, Inc. (NASDAQ:BTBT) is a company primarily involved in bitcoin mining and treasury management. Originally known as Golden Bull Limited, it rebranded to Bit Digital in 2020. Headquartered in New York, the company has recently expanded its focus to include AI and high-performance computing (HPC) infrastructure, which has significantly boosted its revenues. The consensus price target for Bit Digital has shown some fluctuation over the past year. Last quarter, the target increased to $6...
Zacks Investment Research
Aug 26, 2024
Is It Worth Investing in Bit Digital (BTBT) Based on Wall Street's Bullish Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Zacks Investment Research
Aug 23, 2024
Here is What to Know Beyond Why Bit Digital, Inc. (BTBT) is a Trending Stock
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.
Proactive Investors
Aug 21, 2024
Bit Digital's HPC expansion, stabilizing Bitcoin mining conditions drive analyst confidence
Analysts at Noble Capital Markets have repeated their ‘Outperform' rating on Bit Digital Inc (NASDAQ:BTBT) after the Bitcoin miner's second quarter earnings impressed and it announced a significant contract win for its new High Performance Computing (HPC) business with cloud gaming firm Boosteroid. “We believe the company's expansion of its [HPC business] provides the company with additional stable cash flow and risk diversification outside of its cryptocurrency mining and staking operations,” t...
Seeking Alpha
Aug 21, 2024
Bit Digital, Inc. (BTBT) Q2 2024 Earnings Call Transcript
Bit Digital, Inc. (NASDAQ:BTBT ) Q2 2024 Earnings Conference Call August 20, 2024 10:00 AM ET Company Participants Cameron Schnier - Head, Investor Relations Sam Tabar - Chief Executive Officer Erke Huang - Chief Financial Officer Conference Call Participants Mike Grondahl - Northland Kevin Dede - H.C. Wainwright & Co. Joe Gomes - Noble Capital Chris Sakai - Singular Research Operator Hello, and welcome to the Bit Digital Second Quarter 2024 Earnings Conference Call.
The Motley Fool
Aug 20, 2024
Why Bit Digital Is Rocketing Higher, Up 17% Today
Bit Digital's second-quarter earnings were a mixed bag, with the company reporting a wider loss than expected, but a rosier revenue outlook. However, most investor attention is being placed on the company's high-performance computing division, which has seen significant year-over-year growth.
Proactive Investors
Aug 20, 2024
Bit Digital Q2 revenue boosted by new High Performance Computing business
Bit Digital Inc (NASDAQ:BTBT) saw its second quarter revenue surge 220% year-over-year as it commenced its High Performance Computing (HPC) services business and realized a higher Bitcoin price. Revenue was $29 million, including revenue from Bitcoin mining of $16.1 million, up 80% from the year-ago quarter.
Zacks Investment Research
Aug 19, 2024
Bit Digital, Inc. (BTBT) Reports Q2 Loss, Tops Revenue Estimates
Bit Digital, Inc. (BTBT) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to earnings of $0.02 per share a year ago.
Zacks Investment Research
Aug 15, 2024
Bit Digital, Inc. (BTBT) Stock Slides as Market Rises: Facts to Know Before You Trade
In the most recent trading session, Bit Digital, Inc. (BTBT) closed at $2.86, indicating a -1.38% shift from the previous trading day.
PRNewsWire
Aug 12, 2024
Bit Digital, Inc. Announces Date for Second Quarter 2024 Financial Results and Conference Call
NEW YORK , Aug. 12, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York, announced today that it will release its Second Quarter 2024 results on Monday, August 19, 2024, after the stock market closes. Senior management will host a live webcast and conference call to review the results on Tuesday, August 20, 2024, at 10 a.m.
