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$15.00 - $67.90
Previous CloseN/A
Volume8.29K
Average Volume (3M)8.73K
Market Cap
$5.42B
Enterprise Value$1.14B
Total Cash (Recent Filing)$83.96M
Total Debt (Recent Filing)$430.28M
Price to Earnings (P/E)―
Beta0.43
Next Earnings
Nov 12, 2026EPS Estimate
-0.9Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.86
Shares Outstanding360,633,500
10 Day Avg. Volume11,404
30 Day Avg. Volume8,728
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
$80.25Price Target Upside201.69% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-13.64
Revenue Forecast (FY)$2.81B
Bulls Say, Bears Say
Bulls Say
Cloud Services GrowthRapid cloud-services growth combined with a roughly 58% gross margin indicates improving demand for higher-value infrastructure. If new contracts and expansions continue, this mix can support more recurring revenue, better operating leverage, and reduced reliance on lower-visibility activities.
Multi-Year Contract VisibilityThe approximately $1.0B remaining performance obligation provides substantial multi-year revenue visibility beyond the current quarter. This backlog can support capacity planning, customer relationship durability, and more predictable growth as contracted services are delivered over several years.
Strategic Revenue Mix ShiftThe shift toward infrastructure and staking reduces the company’s dependence on legacy mining and emphasizes services with greater contractual and operational visibility. A larger mix of these businesses could make revenue quality more durable as the strategic transition progresses.
Bears Say
Severe Cash BurnDeeply negative operating and free cash flow show that the business is consuming substantial capital rather than funding itself internally. Persistent burn can constrain investment flexibility, increase reliance on financing, and make execution of the growth strategy more financially demanding.
Rapid Leverage IncreaseThe sharp increase in debt has materially weakened financial flexibility while shareholder returns remain negative. Higher leverage can increase financing obligations and reduce the company’s ability to absorb operating setbacks or fund expansion without additional capital actions.
Persistent UnprofitabilityRevenue growth has not translated into durable bottom-line profitability, with the latest net margin deeply negative despite a stronger gross margin. Large costs and charges below gross profit make earnings quality less predictable and weaken confidence in sustainable returns.
Bit Digital News
BTBTN FAQ
What was Bit Digital’s price range in the past 12 months?
Bit Digital lowest stock price was $15.00 and its highest was $67.90 in the past 12 months.
What is Bit Digital’s market cap?
Bit Digital’s market cap is $5.42B.
When is Bit Digital’s upcoming earnings report date?
Bit Digital’s upcoming earnings report date is Nov 12, 2026 which is in 12 days.
How were Bit Digital’s earnings last quarter?
Bit Digital released its earnings results on Aug 13, 2026. The company reported -$5.824 earnings per share for the quarter, missing the consensus estimate of -$0.845 by -$4.978.
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 -0.9.
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 -$5.824 in its last earnings report, missing expectations of -$0.845. 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
Underperform
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10
Analyst Consensus
Strong Buy
Average Price Target:
$80.25 (201.69% Upside)
$80.25 (201.69% Upside)
Blogger Sentiment
Neutral
MX:BTBTN Sentiment 50%
Sector Average 56%
Sector Average 56%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-77.40%
12-Months-Change
Fundamentals
Return on Equity
-46.72%
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
$80.25
▲(201.69% Upside)