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An update from Bit Digital ( (BTBT) ) is now available.
On September 29, 2025, Bit Digital, Inc. announced preliminary unaudited financial results for the two months ending August 31, 2025, with expected revenues between $20.1 million and $22.2 million. The company also highlighted its subsidiary WhiteFiber’s plans to expand data centers in Canada and the U.S., with significant projects expected to be completed by 2026, potentially impacting its operational capabilities and market positioning.
The most recent analyst rating on (BTBT) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Bit Digital stock, see the BTBT Stock Forecast page.
Spark’s Take on BTBT Stock
According to Spark, TipRanks’ AI Analyst, BTBT is a Neutral.
Bit Digital’s overall score reflects strong strategic initiatives and revenue growth, tempered by profitability challenges and mixed technical signals. The strategic pivot to Ethereum and successful corporate events are positive, but financial stability and valuation concerns remain significant.
To see Spark’s full report on BTBT stock, click here.
More about Bit Digital
Bit Digital, Inc. operates in the high-performance computing industry, focusing on cloud services and data center operations through its subsidiary, WhiteFiber, Inc. The company is expanding its data center infrastructure in Canada and the U.S., aiming to enhance its market presence in these regions.
Average Trading Volume: 39,843,981
Technical Sentiment Signal: Buy
Current Market Cap: $948.2M
Learn more about BTBT stock on TipRanks’ Stock Analysis page.