Next Monday, the White House will meet with executives from the banking and crypto sectors to go over a possible path forwrard for major crypto legislation, Reuters' Hannah Lang reports, citing three people familiar with the matter. The summit, which will be hosted by the White House's crypto council, will include executives from a number of trade groups and will center how on any potential legislation treats interest and other rewards crypto firms can give out on customer holdins of stablecoins, the author notes. Publicly traded companies in the cryptocurrency space include Bit Digital (BTBT), Bitfarms (BITF), Circle Internet (CRCL), Coinbase (COIN), Core Scientific (CORZ), Greenidge Generation (GREE), Mara Holdings (MARA), Riot Platforms (RIOT), Strategy (MSTR), Stronghold Digital Mining (SDIG) and TeraWulf (WULF). Publicly traded companies in the banking space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC).
Wall Street analysts forecast BTBT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BTBT is 5.63 USD with a low forecast of 4.00 USD and a high forecast of 7.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
Wall Street analysts forecast BTBT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BTBT is 5.63 USD with a low forecast of 4.00 USD and a high forecast of 7.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 2.220
Low
4.00
Averages
5.63
High
7.00
Current: 2.220
Low
4.00
Averages
5.63
High
7.00
Northland
Outperform -> NULL
downgrade
$6 -> $5
2025-11-17
Reason
Northland
Price Target
$6 -> $5
AI Analysis
2025-11-17
downgrade
Outperform -> NULL
Reason
Northland lowered the firm's price target on Bit Digital to $5 from $6 and keeps an Outperform rating on the shares following the company's Q3 report, noting that adjusted EBITDA was impacted by a $146M mark-to-market gain on digital assets.
HC Wainwright & Co.
Kevin Dede
Strong Buy
Reiterates
$7
2025-04-21
Reason
HC Wainwright & Co.
Kevin Dede
Price Target
$7
2025-04-21
Reiterates
Strong Buy
Reason
HC Wainwright & Co.
Kevin Dede
Strong Buy
Reiterates
$7
2025-03-17
Reason
HC Wainwright & Co.
Kevin Dede
Price Target
$7
2025-03-17
Reiterates
Strong Buy
Reason
About BTBT
Bit Digital, Inc. is a global platform for high performance computing (HPC) infrastructure and digital asset production company. The Company is a provider of HPC data centers and cloud-based HPC graphics processing units (GPU) services, which term cloud services, for customers such as artificial intelligence (AI) and machine learning (ML) developers. The Company designs, develops, and operates HPC data centers, through which it offers hosting and colocation services. The Company has four reportable segments: Digital asset mining, Cloud services, Colocation services, and ETH Staking. The Digital asset mining segment is engaged in bitcoin and mining activities. The Cloud services segment provides HPC services to support generative AI workstreams. The Colocation services segment provide customers with physical space, power and cooling within the data center facility. The ETH staking segment is engaged in both native staking and liquid staking.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
