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MSFT

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+0.95%↑

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MSFT

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Search

Bit Digital Inc

Open

3.34 -0.89

Overview

Share price change

24h

Current

Min

3.31

Max

3.41

Recommendations

By TipRanks

Recommendations

Strong Buy

12 Months Forecast

+73 upside

Technical Score

By Trading Central

Confidence

Weak Bullish Evidence

Bit Digital Inc Chart

Past performance is not a reliable indicator of future results.

Related News

23 Oct 2023, 19:43 UTC

Major Market Movers

Bit Digital Stock Climbs on Views for Higher Margins Following AI Contract

15 May 2024, 20:40 UTC

Earnings

Bit Digital: Paid Approximately $0.05 Per Kilowatt Hour to Its Hosting Partners for Electricity Consumed During the 1Q >BTBT

15 May 2024, 20:40 UTC

Earnings

Bit Digital: Purchased Approximately 2,350 Bitcoin Mining Units During 1Q >BTBT

15 May 2024, 20:40 UTC

Earnings

Bit Digital: Active Hash Rate of Bitcoin Mining Fleet Approximately 2.76 EH/s as of March 31 >BTBT

15 May 2024, 20:40 UTC

Earnings

Bit Digital: Earned 410.7 Bitcoins During 1Q, a 13% Increase From the Prior Yr, Growth Primarily Driven by Higher Active Hash Rate and Partially Offset by Increase in Network Difficulty >BTBT

15 May 2024, 20:38 UTC

Earnings

Bit Digital: Total Assets Were $291.1M and Shareholders' Equity $265.2M as of March 31 >BTBT

15 May 2024, 20:38 UTC

Earnings

Bit Digital: Total Rev for 1Q Was 266% Higher Compared to 1Q 2023, Primarily Driven by the Commencement of Bit Digital AI Business and Higher Realized Bitcoin Price >BTBT

15 May 2024, 20:38 UTC

Earnings

Bit Digital: Rev From Bitcoin Mining Was $21.9M for 1Q, a 166% Increase Compared to the Prior Year's Qtr >BTBT

15 May 2024, 20:38 UTC

Earnings

Bit Digital: Cash, Cash Equivalents and Restricted Cash of $35.5M, and Total Liquidity of Approximately $163.2 Million as of March 31 >BTBT

15 May 2024, 20:38 UTC

Earnings

Bit Digital: Bit Digital AI Business, Referred to as High Performance Computing Services, Began Generating Rev in Jan and Recognized $8.1M of Rev During Qtr >BTBT

15 May 2024, 20:38 UTC

Earnings

Bit Digital 1Q EPS 43c >BTBT

15 May 2024, 20:33 UTC

Earnings

Bit Digital 1Q Rev $30.3M >BTBT

18 Mar 2024, 20:42 UTC

Earnings

Bit Digital: Seek to Diversify and Grow Bit Digital AI With Goal of Increasing Annualized Rev to $100M by Yr-End 2024 >BTBT

18 Mar 2024, 20:42 UTC

Earnings

Bit Digital: Approximately 93% of Fleet's Run-Rate Electricity Consumption Generated From Carbon-Free Energy Sources as of Dec 31 >BTBT

18 Mar 2024, 20:42 UTC

Earnings

Bit Digital: Strategic Priorities for 2024 Include Expand the Active Bitcoin Mining Fleet to Approximately 6.0 EH/s >BTBT

18 Mar 2024, 20:42 UTC

Earnings

Bit Digital: Purchased Approximately 10,900 Bitcoin Mining Units During 2023 >BTBT

18 Mar 2024, 20:42 UTC

Earnings

Bit Digital: Active Hash Rate of Its Bitcoin Mining Fleet Was Approximately 2.50 EH/s as of Dec 31 >BTBT

18 Mar 2024, 20:42 UTC

Earnings

Bit Digital: As of Dec 31, Had 46,548 Miners Owned or Operating (in Iceland) for Bitcoin Mining With Total Maximum Hash Rate of 3.9 EH/S >BTBT

18 Mar 2024, 20:42 UTC

Earnings

Bit Digital: Paid Approximately $0.05 Per Kilowatt Hour to Its Hosting Partners for Electricity Consumed During FY23 >BTBT

18 Mar 2024, 20:39 UTC

Earnings

Bit Digital: Earned 1,507.3 Bitcoins During 2023, a 21% Increase From Prior Yr, Growth Driven by Higher Active Hash Rate and Partially Offset by an Increase in Network Difficulty >BTBT

18 Mar 2024, 20:39 UTC

Earnings

Bit Digital: Cash, Cash Equivalents and Restricted Cash of $18.2M, Total Liquidity of Approximately $81.2Million as of Dec 31 >BTBT

18 Mar 2024, 20:39 UTC

Earnings

Bit Digital: Revenue for FY23 Was $44.9M, a 39% Increase Compared to Prior Yr, Majority of Rev Was Earned From Bitcoin Mining Business >BTBT

18 Mar 2024, 20:39 UTC

Earnings

Bit Digital, Inc.: Announces Fiscal Yr 2023 Fincl Results

Peer Comparison

Price change

Bit Digital Inc Forecast

Price Target

By TipRanks

73% upside

12 Months Forecast

Average 5.83 USD  73%

High 6 USD

Low 5.5 USD

Based on 3 Wall Street analysts offering 12 month price targets forBit Digital Inc - Dist in the last 3 months.

Rating Consensus

By TipRanks

Strong Buy

3 ratings

3

Buy

0

Hold

0

Sell

Technical Score

By Trading Central

3.25 / 3.44Support & Resistance

Short Term

Weak Bullish Evidence

Intermediate Term

Bullish Evidence

Long Term

Strong Bullish Evidence