BTBTN Stock Chart & Stats
$26.60
-$1.95(-7.43%)
At close: 4:00 PM EDT
$26.60
-$1.95(-7.43%)
Day’s Range― - ―
52-Week Range$21.00 - $82.19
Previous CloseN/A
Volume8.29K
Average Volume (3M)4.59K
Market Cap
$9.73B
Enterprise Value$1.14K
Total Cash (Recent Filing)$83.96M
Total Debt (Recent Filing)$430.28M
Price to Earnings (P/E)―
Beta0.91
Next Earnings
Nov 12, 2026EPS Estimate
-0.81Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.86
Shares Outstanding360,633,500
10 Day Avg. Volume4,557
30 Day Avg. Volume4,590
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)6.73
Price to Sales (P/S)42.92
P/FCF Ratio-8.48
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$71.88Price Target Upside170.21% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-11.63
Revenue Forecast (FY)$2.53B
Bulls Say, Bears Say
Bulls Say
Cloud Services Growth And MarginsRapid cloud-services growth combined with a roughly 58% gross margin supports a stronger operating model than legacy mining alone. Expanding customer contracts and healthy unit economics can improve revenue quality, scale infrastructure utilization, and strengthen earnings potential over the next several quarters.
Multi-year Contracted Revenue VisibilityThe substantial performance-obligation balance and long-term Enovum agreement provide meaningful visibility beyond individual quarters. As contracted capacity is delivered and recognized, these commitments can support more predictable revenue growth and reduce reliance on volatile spot demand.
Strategic Shift Toward Infrastructure RevenueThe accelerating mix shift away from legacy mining toward cloud, colocation, and staking indicates a deliberate move toward infrastructure-led revenue. Higher-visibility services and contracted capacity may create a more durable business foundation as mining operations are wound down.
Bears Say
Severe Losses And Cash BurnDeeply negative operating and free cash flow show that the company is currently consuming substantial cash despite revenue growth. Persistent burn can constrain investment in infrastructure, increase dependence on external financing, and make execution more vulnerable if profitability does not improve.
Rapidly Rising LeverageThe sharp increase in debt has materially reduced financial flexibility while returns remain negative. Higher leverage raises interest and refinancing exposure, potentially limiting the company’s ability to fund WhiteFiber expansion, absorb operating setbacks, or pursue other strategic investments.
Crypto-driven Earnings VolatilityLarge digital-asset and derivative-related charges make reported earnings highly sensitive to crypto prices and accounting revaluations. Even when operating metrics improve, recurring exposure to these items can reduce earnings predictability, complicate performance assessment, and increase balance-sheet volatility.
Bit Digital News
BTBTN FAQ
What was Bit Digital’s price range in the past 12 months?
Bit Digital lowest stock price was $21.00 and its highest was $82.19 in the past 12 months.
What is Bit Digital’s market cap?
Bit Digital’s market cap is $9.73B.
When is Bit Digital’s upcoming earnings report date?
Bit Digital’s upcoming earnings report date is Nov 12, 2026 which is in 60 days.
How were Bit Digital’s earnings last quarter?
Bit Digital released its earnings results on Aug 13, 2026. The company reported -$5.261 earnings per share for the quarter, missing the consensus estimate of -$0.764 by -$4.497.
Is Bit Digital overvalued?
According to Wall Street analysts Bit Digital’s price is currently Undervalued.
Does Bit Digital pay dividends?
Bit Digital does not currently pay dividends.
What is Bit Digital’s EPS estimate?
Bit Digital’s EPS estimate is -0.81.
How many shares outstanding does Bit Digital have?
Bit Digital has 360,633,500 shares outstanding.
What happened to Bit Digital’s price movement after its last earnings report?
Bit Digital reported an EPS of -$5.261 in its last earnings report, missing expectations of -$0.764. Following the earnings report the stock price went up 3.12%.
Which hedge fund is a major shareholder of Bit Digital?
Currently, no hedge funds are holding shares in MX:BTBTN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Bit Digital Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$71.88 (170.21% Upside)
$71.88 (170.21% Upside)
Blogger Sentiment
Neutral
MX:BTBTN Sentiment 50%
Sector Average 58%
Sector Average 58%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-46.01%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
70.84%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Bit Digital
Bit Digital, Inc., along with its subsidiary entities, primarily focuses on the business of mining bitcoin. Additionally, the firm undertakes treasury management operations. The company was established in 2017 and was previously known as Golden Bull Limited before rebranding to Bit Digital, Inc. in September 2020. Its corporate headquarters are situated in New York, New York.
BTBTN Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a largely constructive operational picture: sequential and year-over-year revenue growth, strong gross margins, rising operating cash flow, a visible multi-year contract backlog (~$1B RPO), and tangible WhiteFiber progress (initial capacity, billing, large contracted ARR and >$500M in new bookings). These operational positives and an explicit strategic shift away from mining toward higher-margin cloud/colocation and staking revenue outweigh the quarter’s headline net loss, which was driven chiefly by non-cash mark-to-market and accounting items as well as short-term ETH price weakness. Management also proactively deployed capital (ETH-collateralized bridge) to fund WhiteFiber while preserving long-term ETH exposure and is evaluating buybacks and other actions to address a large valuation discount, signaling active capital allocation. Given stronger operating momentum and clarified strategy but near-term volatility from crypto mark-to-market and valuation dislocation, the overall tone is constructive and forward-looking.View all MX:BTBTN earnings summariesBTBTN Stock 12 Month Forecast
Average Price Target
$71.88
▲(170.21% Upside)