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BTBT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
2.049
Open
2.000
VWAP
2.00
Vol
20.20M
Mkt Cap
705.36M
Low
1.920
Amount
40.34M
EV/EBITDA(TTM)
--
Total Shares
349.19M
EV
809.37M
EV/OCF(TTM)
--
P/S(TTM)
5.13
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.
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Events Timeline

(ET)
2026-05-28
08:40:00
Bit Digital Acquires 8,568 Ethereum for $20M
select
2026-04-24 (ET)
2026-04-24
09:50:00
NY AG Sues Coinbase and Gemini for Illegal Gambling
select
2026-04-17 (ET)
2026-04-17
10:00:00
Charles Schwab Launches Crypto Trading Service
select

News

seekingalpha
8.5
05-28seekingalpha
PinnedBit Digital Acquires $20M in Ethereum, Strengthening Treasury
  • Strategic Asset Investment: Bit Digital announced the purchase of approximately 8,568 Ethereum (ETH) for $20 million at an average cost of $2,334.25, further enhancing its balance sheet and demonstrating confidence in Ethereum as foundational infrastructure for the future digital economy.
  • ETH Reserve Growth: Following this transaction, Bit Digital's Ethereum reserves increased to approximately 158,461.75 ETH, indicating the company's proactive positioning in the cryptocurrency market aimed at enhancing net asset value (NAV) per share through increased holdings.
  • Market Condition Alignment: CEO Tabar emphasized that Bit Digital executes trades decisively when market conditions align with its investment thesis, and this purchase not only lowers the average acquisition cost but also strengthens its strategic position within the Ethereum ecosystem.
  • Diversified Investment Strategy: Bit Digital plans to deploy capital across three main verticals: Ethereum ecosystem strategies, AI infrastructure, and strategic acquisitions, showcasing its diversified investment approach in the digital asset space aimed at creating long-term value for shareholders.
PRnewswire
8.5
05-28PRnewswire
Bit Digital Acquires 8,568 Ethereum for $20 Million
  • Ethereum Acquisition: On May 11, 2026, Bit Digital acquired 8,568 Ethereum at an average cost of $2,334.25 each for a total investment of $20 million, further solidifying its position among the largest public holders of Ethereum globally.
  • Asset Allocation Strategy: This acquisition increases Bit Digital's Ethereum reserves to approximately 158,461.75 ETH, reflecting the company's confidence in Ethereum as a foundational infrastructure for the future digital economy and supporting its commitment to NAV per share growth.
  • Market Outlook: CEO Sam Tabar noted that the current Ethereum market appears more like a reset than an ending, indicating the company's intent to continue executing its capital deployment strategy when market conditions align, focusing on Ethereum ecosystem strategies, AI infrastructure, and strategic acquisitions.
  • Company Positioning: As a publicly-listed Strategic Asset Company, Bit Digital emphasizes a disciplined Ethereum accumulation program and AI/HPC infrastructure business, aiming to achieve sustained shareholder value growth through strategic investments.
Newsfilter
8.5
05-28Newsfilter
Bit Digital Acquires 8,568 Ethereum for $20 Million
  • Strategic Asset Acquisition: Bit Digital has acquired 8,568 Ethereum (ETH) for $20 million at an average cost of $2,334.25, increasing its total holdings to approximately 158,461.75 ETH, which reinforces its position among the largest public holders of Ethereum globally and reflects the company's confidence in Ethereum as foundational infrastructure for the future digital economy.
  • Capital Deployment Strategy: CEO Sam Tabar stated that this acquisition not only lowers the average acquisition cost but also supports the commitment to net asset value (NAV) growth per share, indicating the company's decisive execution of its capital deployment strategy when market conditions align, thereby enhancing shareholder value.
  • Diversified Business Focus: Bit Digital is focused on Ethereum ecosystem strategies, AI infrastructure, and strategic acquisitions, demonstrating its investment decisions across multiple core areas aimed at achieving long-term growth through a diversified business model.
  • Market Outlook: With the Ethereum market appearing to reset, Bit Digital's acquisition actions reflect its optimism about future market potential, which is expected to further enhance the company's competitiveness and market share in the digital asset space.
PRnewswire
8.5
05-27PRnewswire
WhiteFiber Secures $100 Million Loan to Support Growth Initiatives
  • Increased Financial Flexibility: WhiteFiber has entered into a $100 million delayed draw term loan facility with Bit Digital Capital, which can be increased to $150 million, aimed at providing financial flexibility to support the company's growth initiatives in data centers and cloud services.
  • Project Advancement Assurance: This loan will help WhiteFiber bridge timing gaps between project initiation and permanent financing, with CEO Sam Tabar stating that the company will continue to pursue non-dilutive permanent financing solutions to ensure timely funding for ongoing business development.
  • Infrastructure Development Acceleration: WhiteFiber intends to use the loan proceeds to complete the first phase of its high-performance computing data center in Madison, North Carolina, which is expected to significantly enhance the company's computing capacity and market competitiveness.
  • Strategic Focus on AI Infrastructure: The company is committed to building a scalable infrastructure platform to support the demand for next-generation AI workloads, ensuring a strong position in the rapidly evolving AI market.
PRnewswire
7.5
05-27PRnewswire
Bit Digital Provides $100 Million Loan to WhiteFiber
  • Loan for Growth: Bit Digital has originated a delayed draw term loan facility of up to $100 million for WhiteFiber, aimed at supporting its near-term growth initiatives, which will enhance WhiteFiber's market position in AI infrastructure.
  • Innovative Financing Structure: The facility allows for an expansion to $150 million upon mutual agreement, with Bit Digital funding through an Ethereum-backed credit facility, expected to yield returns exceeding traditional Ethereum staking, thereby optimizing capital allocation.
  • Strategic Asset Company Platform: This transaction aligns with Bit Digital's capital allocation strategy, aiming to enhance overall economic benefits within its portfolio by supporting WhiteFiber's long-term value creation, further solidifying its investment thesis in AI infrastructure.
  • Governance and Compliance: The transaction was approved by the company's board through a comprehensive governance process, including independent committee review, ensuring economic rationality and risk management, reflecting Bit Digital's rigorous approach to execution and shareholder alignment.
Newsfilter
7.5
05-27Newsfilter
Bit Digital Provides $100 Million Loan to WhiteFiber
  • Loan Agreement Established: Bit Digital has originated a $100 million delayed draw term loan for WhiteFiber, aimed at supporting its near-term growth initiatives, which will enhance WhiteFiber's market position in the AI infrastructure sector.
  • Innovative Financing Structure: The facility can be expanded to $150 million upon mutual agreement, with Bit Digital planning to fund advances through an Ethereum-denominated secured credit facility, allowing it to retain ETH exposure while earning attractive financing spreads.
  • Strategic Asset Company Positioning: This loan aligns with Bit Digital's capital allocation strategy, aiming to pursue risk-adjusted returns that exceed traditional ETH staking yields while supporting WhiteFiber's long-term value creation, benefiting Bit Digital shareholders.
  • Governance Safeguards: The transaction was approved by the company's board through a comprehensive governance process, including review by an independent committee, ensuring the economic viability, structure, strategic rationale, and shareholder alignment, reflecting the company's commitment to governance.
Wall Street analysts forecast BTBT stock price to rise
5 Analyst Rating
Wall Street analysts forecast BTBT stock price to rise
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
4.00
Averages
5.63
High
7.00
Current: 0.000
sliders
Low
4.00
Averages
5.63
High
7.00
B. Riley
Nick Giles
Buy
downgrade
$5 -> $4
AI Analysis
2026-05-18
Reason
B. Riley
Nick Giles
Price Target
$5 -> $4
AI Analysis
2026-05-18
downgrade
Buy
Reason
B. Riley analyst Nick Giles lowered the firm's price target on Bit Digital (BTBT) to $4 from $5 and keeps a Buy rating on the shares. Bit Digital reported Q1 revenue of $27.9M, down sequentially due to weaker cloud services, ETH staking, and mining activity, alongside a decline in staking income driven by lower ETH prices and portfolio repositioning, while management continues to position the business as a "Strategic Asset Company" linking ETH treasury/staking exposure with AI infrastructure via its stake in WhiteFiber (WYFI), the analyst tells investors in a research note.
Northland
Outperform
to
Outperform
downgrade
$4
2026-04-06
Reason
Northland
Price Target
$4
2026-04-06
downgrade
Outperform
to
Outperform
Reason
Northland lowered the firm's price target on Bit Digital to $3.50 from $4 and keeps an Outperform rating on the shares following the company's Q4 update.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for BTBT
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Valuation Metrics

The current forward P/E ratio for Bit Digital, Inc (BTBT.O) is 23.87, compared to its 5-year average forward P/E of -43.95. For a more detailed relative valuation and DCF analysis to assess Bit Digital, Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-43.95
Current PE
23.87
Overvalued PE
149.07
Undervalued PE
-236.97

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
57.30
Current EV/EBITDA
33.37
Overvalued EV/EBITDA
275.89
Undervalued EV/EBITDA
-161.30

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
4.06
Current PS
2.42
Overvalued PS
6.24
Undervalued PS
1.87

Financials

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Whales Holding BTBT

P
Polar Asset Management Partners Inc.
Holding
BTBT
+22.76%
3M Return

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Frequently Asked Questions

What is Bit Digital, Inc (BTBT) stock price today?

The current price of BTBT is 2.02 USD — it has decreased -0.49

What is Bit Digital, Inc (BTBT)'s business?

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.

What is the price predicton of BTBT Stock?

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 is5.63 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.

What is Bit Digital, Inc (BTBT)'s revenue for the last quarter?

Bit Digital, Inc revenue for the last quarter amounts to 27.93M USD, increased 11.23

What is Bit Digital, Inc (BTBT)'s earnings per share (EPS) for the last quarter?

Bit Digital, Inc. EPS for the last quarter amounts to -0.45 USD, increased 40.62

How many employees does Bit Digital, Inc (BTBT). have?

Bit Digital, Inc (BTBT) has 104 emplpoyees as of May 30 2026.

What is Bit Digital, Inc (BTBT) market cap?

Today BTBT has the market capitalization of 705.36M USD.