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Bit DigitalNASDAQ: BTBT

Profile

Country:

United States

IPO:

20 March 2018

Next earnings report:

14 November 2024

Last dividends:

N/A

Next dividends:

N/A
$523.19 M
-38%vs. 3y high
50%vs. sector
-90%vs. 3y high
52%vs. sector
-79%vs. 3y high
72%vs. sector
-57%vs. 3y high
86%vs. sector

Price

pre-market | 6 min ago
$3.54+$0.09(+2.61%)

Dividend

No data over the past 3 years
$28.95 M$25.93 M
$28.95 M-$11.95 M

Analysts recommendations

Institutional Ownership

BTBT Latest News

Bit Digital finalises GPU supply contract with cloud gaming company Boosteroid
proactiveinvestors.com05 November 2024 Sentiment: -

Bit Digital Inc (NASDAQ:BTBT) told investors it has struck a deal with Boosteroid Inc for an initial order of 300 GPUs that are expected to generate around $4.6 million in revenue over the five-year term, with the option to expand the number of GPUs to up to 50,000. The high-performance computing specialist said it expects to complete deliveries to the cloud gaming provider and begin earning revenue from the contract by the end of this month.

Bit Digital CEO talks Enovum acquisition – ICYMI
proactiveinvestors.com02 November 2024 Sentiment: POSITIVE

Bit Digital Inc (NASDAQ:BTBT) CEO Sam Tabar talked with Proactive about the company's recent acquisition of Enovum Data Centers, a high-performance computing (HPC) facility operator based in Montreal. This acquisition marks a major step in Bit Digital's strategic expansion, positioning it as a diversified player in data center operations, GPU cloud services, and digital assets.

Bit Digital, Inc. (BTBT) Falls More Steeply Than Broader Market: What Investors Need to Know
zacks.com25 October 2024 Sentiment: NEGATIVE

In the most recent trading session, Bit Digital, Inc. (BTBT) closed at $3.93, indicating a -1.75% shift from the previous trading day.

Bit Digital's Enovum acquisition expands HPC services business while keeping balance sheet 'pristine,' analysts say
proactiveinvestors.com16 October 2024 Sentiment: POSITIVE

Bit Digital Inc (NASDAQ:BTBT) has earned a repeat ‘Outperform' rating from analysts at Noble Capital Markets after the company announced its acquisition of Enovum Data Centers for C$62.8 million, expanding its high performance computing (HPC) business. Analysts see the acquisition supporting colocation expansion and synergies.

Bit Digital bolsters AI infrastructure with $46M acquisition of Enovum
proactiveinvestors.com15 October 2024 Sentiment: POSITIVE

Bit Digital Inc (NASDAQ:BTBT) announced it has acquired Montreal-based Enovum Data Centers for approximately C$62.8 million (US$46 million). The acquisition, announced on Monday, vertically integrates Bit Digital's operations by adding a fully operational Tier 3 high-performance computing (HPC) datacenter and a development pipeline of over 280 megawatts (MW) in major metropolitan areas.

Bit Digital, Inc. (BTBT) Is a Trending Stock: Facts to Know Before Betting on It
zacks.com10 October 2024 Sentiment: POSITIVE

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.

Wall Street Analysts See Bit Digital (BTBT) as a Buy: Should You Invest?
zacks.com09 October 2024 Sentiment: POSITIVE

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?

Bit Digital reports $4.2M in AI revenue for September
proactiveinvestors.com07 October 2024 Sentiment: POSITIVE

Bit Digital Inc (NASDAQ:BTBT) has announced its operational and financial highlights for September 2024. During the month, Bit Digital generated approximately $4.2 million in revenue from its AI infrastructure services, with 256 servers actively contributing to the company's Bit Digital AI contract.

Bit Digital, Inc. Announces Monthly Production Update for September 2024
prnewswire.com04 October 2024 Sentiment: POSITIVE

NEW YORK , Oct. 4, 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 its unaudited digital asset production, HPC services revenue, and corporate updates for the month of September 2024. Corporate Highlights for September 2024 The Company had 256 servers actively generating revenue from its initial Bit Digital AI contract, as of September 30, 2024.

Bit Digital, Inc. (BTBT) Advances While Market Declines: Some Information for Investors
zacks.com03 October 2024 Sentiment: POSITIVE

The latest trading day saw Bit Digital, Inc. (BTBT) settling at $3.35, representing a +1.82% change from its previous close.

What type of business is 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. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was founded in 2015 and is headquartered in New York, New York.

What sector is Bit Digital in?

Bit Digital is in the Financial Services sector

What industry is Bit Digital in?

Bit Digital is in the Capital Markets industry

What country is Bit Digital from?

Bit Digital is headquartered in United States

When did Bit Digital go public?

Bit Digital initial public offering (IPO) was on 20 March 2018

What is Bit Digital website?

https://www.bit-digital.com

Is Bit Digital in the S&P 500?

No, Bit Digital is not included in the S&P 500 index

Is Bit Digital in the NASDAQ 100?

No, Bit Digital is not included in the NASDAQ 100 index

Is Bit Digital in the Dow Jones?

No, Bit Digital is not included in the Dow Jones index

When was Bit Digital the previous earnings report?

No data

When does Bit Digital earnings report?

The next expected earnings date for Bit Digital is 14 November 2024