Summary
3.39 0.96(39.61%)06/25/2024
Bit Digital Inc (BTBT)
Bit Digital Inc (BTBT)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 38.76 | 22.04 | 33.83 | 40.91 | -19.22 | -15.40 | 5.36 | -26.57 |
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| Trading Data | ||
| Close | 3.39 | |
| Open | 2.70 | |
| High | 3.47 | |
| Low | 2.64 | |
| Volume | 39,049,957 | |
| Change | 0.95 | |
| Change % | 38.76 | |
| Avg Volume (20 Days) | 9,809,588 | |
| Volume/Avg Volume (20 Days) Ratio | 3.98 | |
| 52 Week Range | 1.76 - 5.27 | |
| Price vs 52 Week High | -35.62% | |
| Price vs 52 Week Low | 92.76% | |
| Range | 25.65 | |
| Gap Up/Down | 0.12 | |
Fundamentals | ||
| Market Capitalization (Mln) | 411 | |
| EBIDTA | 47,132,464 | |
| PE Ratio | 8.6456 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 14.00 | |
| Book Value | 1.9450 | |
| Earnings Per Share | 0.7900 | |
| EPS Estimate Current Quarter | 0.0000 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 1.2500 | |
| EPS Estimate Next Year | 0.7500 | |
| Diluted EPS (TTM) | 0.7900 | |
| Revenues | ||
| Profit Marging | 0.3954 | |
| Operating Marging (TTM) | 0.4088 | |
| Return on asset (TTM) | 0.3880 | |
| Return on equity (TTM) | 0.6249 | |
| Revenue TTM | 92,668,160 | |
| Revenue per share TTM | 1.9970 | |
| Quarterly Revenue Growth (YOY) | 41.0220 | |
| Quarterly Earnings Growth (YOY) | 0.0000 | |
| Gross Profit (TTM) | 6,960,485 | |
| Dividends | ||
| Dividend Share | 0.0000 | |
| Dividend Yield | ||
| Valuations | ||
| Trailing PE | 8.6456 | |
| Forward PE | 9.8912 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 4.9093 | |
| Revenue Enterprise Value | 5.2487 | |
| EBITDA Enterprise Value | 10.3196 | |
| Shares | ||
| Shares Outstanding | 69,366,496 | |
| Shares Float | 28,879,730 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 16.37 | |
| Institutions (%) | 25.44 | |
06/25 12:56 EST - proactiveinvestors.com
Bit Digital shares skyrocket on $275M HPC contract expansion
Bit Digital Inc (NASDAQ:BTBT) shares surged more than 37% after the digital assets and AI infrastructure firm announced it has finalized a contract expansion with a major high performance computing (HPC) customer bringing the total contract value to $275 million. The company said under the expanded agreement it will supply the existing customer with an additional 2,048 GPUs over three years.
Bit Digital shares skyrocket on $275M HPC contract expansion
Bit Digital Inc (NASDAQ:BTBT) shares surged more than 37% after the digital assets and AI infrastructure firm announced it has finalized a contract expansion with a major high performance computing (HPC) customer bringing the total contract value to $275 million. The company said under the expanded agreement it will supply the existing customer with an additional 2,048 GPUs over three years.
06/25 08:00 EST - prnewswire.com
Bit Digital, Inc. Announces Finalized Terms for Contract Expansion with Major HPC Customer; Total Contract Value Now Worth Approximately $275 Million
NEW YORK , June 25, 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 has finalized an agreement to supply an existing customer with an additional 2,048 GPUs over a three-year term commencing upon deployment. With this agreement, the Company will supply this customer with a total of 4,096 GPUs for the respective three-year periods, amounting to total revenue of approximately $275 million, or $92 million on an annualized basis.
Bit Digital, Inc. Announces Finalized Terms for Contract Expansion with Major HPC Customer; Total Contract Value Now Worth Approximately $275 Million
NEW YORK , June 25, 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 has finalized an agreement to supply an existing customer with an additional 2,048 GPUs over a three-year term commencing upon deployment. With this agreement, the Company will supply this customer with a total of 4,096 GPUs for the respective three-year periods, amounting to total revenue of approximately $275 million, or $92 million on an annualized basis.
06/20 10:06 EST - zacks.com
Investors Heavily Search Bit Digital, Inc. (BTBT): Here is What You Need to Know
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.
Investors Heavily Search Bit Digital, Inc. (BTBT): Here is What You Need to Know
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.
06/18 10:31 EST - zacks.com
Wall Street Analysts Think Bit Digital (BTBT) Is a Good Investment: Is It?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Wall Street Analysts Think Bit Digital (BTBT) Is a Good Investment: Is It?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
06/06 10:06 EST - zacks.com
Here is What to Know Beyond Why Bit Digital, Inc. (BTBT) is a Trending Stock
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.
Here is What to Know Beyond Why Bit Digital, Inc. (BTBT) is a Trending Stock
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.
06/06 08:58 EST - proactiveinvestors.com
Bit Digital achieves $4.2M in AI contract revenue in May
Bit Digital Inc (NASDAQ:BTBT) told investors that during May it had 256 servers actively generating revenue from its Bit Digital AI Contract, which earned an estimated $4.2 million in unaudited revenue for the month. During May, the Bitcoin miner said it produced 63.3 Bitcoin.
Bit Digital achieves $4.2M in AI contract revenue in May
Bit Digital Inc (NASDAQ:BTBT) told investors that during May it had 256 servers actively generating revenue from its Bit Digital AI Contract, which earned an estimated $4.2 million in unaudited revenue for the month. During May, the Bitcoin miner said it produced 63.3 Bitcoin.
06/05 16:30 EST - prnewswire.com
Bit Digital, Inc. Announces Monthly Production Update for May 2024
NEW YORK , June 5, 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 and corporate updates for the month of May 2024. Corporate Highlights for May 2024 The Company had 256 servers actively generating revenue from its initial Bit Digital AI contract, as of May 31, 2024.
Bit Digital, Inc. Announces Monthly Production Update for May 2024
NEW YORK , June 5, 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 and corporate updates for the month of May 2024. Corporate Highlights for May 2024 The Company had 256 servers actively generating revenue from its initial Bit Digital AI contract, as of May 31, 2024.
06/05 10:16 EST - proactiveinvestors.com
Bit Digital: AI more than just a buzzword for this bitcoin miner
2024 has had its ups and downs for the world's bitcoin miners. For anyone even partially up to date on the bitcoin news cycle, the ups won't come as a surprise.
Bit Digital: AI more than just a buzzword for this bitcoin miner
2024 has had its ups and downs for the world's bitcoin miners. For anyone even partially up to date on the bitcoin news cycle, the ups won't come as a surprise.
05/31 15:48 EST - youtube.com
Bitcoin miners are shifting to AI
CNBC's Mackenzie Sigalos joins 'Power Lunch' to discuss bitcoin miners getting into AI.
Bitcoin miners are shifting to AI
CNBC's Mackenzie Sigalos joins 'Power Lunch' to discuss bitcoin miners getting into AI.
05/24 15:46 EST - proactiveinvestors.com
Bit Digital CEO talks ‘banner' Q1 results, expansion of high performance computing business
Bit Digital Inc (NASDAQ:BTBT) saw a surge in revenue for the first quarter driven by a rising Bitcoin price and its new high performance computing (HPC) services business. Revenue jumped 266% from the year-ago quarter to $30.3 million, including a 166% increase in Bitcoin mining revenue to $21.9 million and $8.1 million in revenue from its HPC business.
Bit Digital CEO talks ‘banner' Q1 results, expansion of high performance computing business
Bit Digital Inc (NASDAQ:BTBT) saw a surge in revenue for the first quarter driven by a rising Bitcoin price and its new high performance computing (HPC) services business. Revenue jumped 266% from the year-ago quarter to $30.3 million, including a 166% increase in Bitcoin mining revenue to $21.9 million and $8.1 million in revenue from its HPC business.
05/16 15:45 EST - seekingalpha.com
Bit Digital, Inc. (BTBT) Q1 2024 Earnings Call Transcript
Bit Digital, Inc. (NASDAQ:BTBT ) Q1 2024 Earnings Conference Call May 16, 2024 10:00 AM ET Company Participants Cameron Schnier - Head of IR Sam Tabar - CEO Erke Huang - CFO Conference Call Participants Mike Grondahl - Northland Securities Joe Gomes - Noble Capital Markets Kevin Dede - H.C. Wainwright Operator Hello and welcome to the Bit Digital First Quarter 2024 Earnings Conference Call.
Bit Digital, Inc. (BTBT) Q1 2024 Earnings Call Transcript
Bit Digital, Inc. (NASDAQ:BTBT ) Q1 2024 Earnings Conference Call May 16, 2024 10:00 AM ET Company Participants Cameron Schnier - Head of IR Sam Tabar - CEO Erke Huang - CFO Conference Call Participants Mike Grondahl - Northland Securities Joe Gomes - Noble Capital Markets Kevin Dede - H.C. Wainwright Operator Hello and welcome to the Bit Digital First Quarter 2024 Earnings Conference Call.
05/16 06:26 EST - proactiveinvestors.com
Bit Digital's earnings spike on higher bitcoin price, new AI wing
Bit Digital Inc (NASDAQ:BTBT) has reported a spike in revenue and earnings over the first quarter thanks to an increase in the price of bitcoin and its new artificial intelligence business. Revenue soared 266% to US$30.3 million over the first three months of the year, the digital asset and AI infrastructure firm said on Wednesday.
Bit Digital's earnings spike on higher bitcoin price, new AI wing
Bit Digital Inc (NASDAQ:BTBT) has reported a spike in revenue and earnings over the first quarter thanks to an increase in the price of bitcoin and its new artificial intelligence business. Revenue soared 266% to US$30.3 million over the first three months of the year, the digital asset and AI infrastructure firm said on Wednesday.
05/15 16:30 EST - prnewswire.com
Bit Digital, Inc. Announces First Quarter of Fiscal Year 2024 Financial Results
NEW YORK , May 15, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York City, today announced its unaudited financial results for the First Quarter ended March 31, 2024. Financial Highlights for the First Quarter of 2024 Total revenue was $30.3 million for the First Quarter of 2024, a 266% increase compared to the First Quarter of 2023.
Bit Digital, Inc. Announces First Quarter of Fiscal Year 2024 Financial Results
NEW YORK , May 15, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York City, today announced its unaudited financial results for the First Quarter ended March 31, 2024. Financial Highlights for the First Quarter of 2024 Total revenue was $30.3 million for the First Quarter of 2024, a 266% increase compared to the First Quarter of 2023.
05/13 12:51 EST - zacks.com
Bit Digital (BTBT) Set to Report Q1 Earnings: What's in Store?
Bit Digital (BTBT) is expected to record top and bottom-line growth when it reports first-quarter 2024 results.
Bit Digital (BTBT) Set to Report Q1 Earnings: What's in Store?
Bit Digital (BTBT) is expected to record top and bottom-line growth when it reports first-quarter 2024 results.
05/10 10:55 EST - investorplace.com
3 Crypto Penny Stocks that Could Surge 10X This Year
Following a broader market rally, Bitcoin ( BTC-USD ) rebounded to the $65,000 mark. The resurgence could be linked to the softer-than-anticipated jobs report, with experts expecting at least a couple of interest rate cuts this year.
3 Crypto Penny Stocks that Could Surge 10X This Year
Following a broader market rally, Bitcoin ( BTC-USD ) rebounded to the $65,000 mark. The resurgence could be linked to the softer-than-anticipated jobs report, with experts expecting at least a couple of interest rate cuts this year.
05/08 18:46 EST - zacks.com
Bit Digital, Inc. (BTBT) Trades Flat On The Day: What You Should Know
Bit Digital, Inc. (BTBT) concluded the recent trading session at $2.17, signifying no movement from its prior day's close.
Bit Digital, Inc. (BTBT) Trades Flat On The Day: What You Should Know
Bit Digital, Inc. (BTBT) concluded the recent trading session at $2.17, signifying no movement from its prior day's close.
05/08 08:00 EST - prnewswire.com
Bit Digital, Inc. Announces Date for First Quarter 2024 Financial Results and Conference Call
NEW YORK , May 8, 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 First Quarter 2024 results on Wednesday, May 15, 2024, after the stock market closes. Senior management will host a live webcast and conference call to review the results on Thursday, May 16, 2024, at 10 a.m.
Bit Digital, Inc. Announces Date for First Quarter 2024 Financial Results and Conference Call
NEW YORK , May 8, 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 First Quarter 2024 results on Wednesday, May 15, 2024, after the stock market closes. Senior management will host a live webcast and conference call to review the results on Thursday, May 16, 2024, at 10 a.m.
05/06 16:00 EST - prnewswire.com
Bit Digital, Inc. Announces Monthly Production Update for April 2024
NEW YORK , May 6, 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 and corporate updates for the month of April 2024. Corporate Highlights for April 2024 In April 2024, the Company produced 119.3 BTC, a 12.5% decrease compared to the prior month.
Bit Digital, Inc. Announces Monthly Production Update for April 2024
NEW YORK , May 6, 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 and corporate updates for the month of April 2024. Corporate Highlights for April 2024 In April 2024, the Company produced 119.3 BTC, a 12.5% decrease compared to the prior month.
05/03 11:41 EST - fool.com
After the Halving, Could These Under-the-Radar Bitcoin Mining Stocks Have a New Multimillion-Dollar Market Opportunity in Artificial Intelligence?
Bitcoin miners are facing a significant change to their overall business models given that the halving has slashed their mining rewards in half. To make up any revenue shortfall, smaller Bitcoin miners appear to be exploring a move into AI computing.
After the Halving, Could These Under-the-Radar Bitcoin Mining Stocks Have a New Multimillion-Dollar Market Opportunity in Artificial Intelligence?
Bitcoin miners are facing a significant change to their overall business models given that the halving has slashed their mining rewards in half. To make up any revenue shortfall, smaller Bitcoin miners appear to be exploring a move into AI computing.
05/03 10:01 EST - zacks.com
Bit Digital, Inc. (BTBT) is Attracting Investor Attention: Here is What You Should Know
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.
Bit Digital, Inc. (BTBT) is Attracting Investor Attention: Here is What You Should Know
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.