Data gathered: November 21
AI Stock Analysis - Bit Digital (BTBT)
Analysis generated August 19, 2024. Powered by Chat GPT.
Bit Digital, Inc. (NASDAQ: BTBT) is a prominent cryptocurrency mining company established to take advantage of the escalating mainstream adoption of digital currencies. With operational focus on Bitcoin mining, Bit Digital leverages advanced technological setups and strategies to optimize its mining efficiency. The company has a dynamic footprint in both the U.S. and China, managing a substantial fleet of mining rigs designed to deliver competitive computing power. Understanding the technology-driven backdrop against which Bit Digital operates is crucial for investors seeking exposure to the cryptocurrency sector.
Stock Alerts - Bit Digital (BTBT)
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Bit Digital | November 21 Price is up by 9.4% in the last 24h. |
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Bit Digital | November 19 Price is up by 5.2% in the last 24h. |
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Bit Digital | November 18 Price is down by -8.2% in the last 24h. |
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Bit Digital | November 14 Price is down by -5.8% in the last 24h. |
Alternative Data for Bit Digital
| Alternative Data | Value | 3m Change | Trend | Benchmark |
|---|---|---|---|---|
| Job Posts | N/A | Sign up | Sign up | Sign up |
| Sentiment | 100 | Sign up | Sign up | Sign up |
| Webpage traffic | 7,000 | Sign up | Sign up | Sign up |
| Google Trends | 81 | Sign up | Sign up | Sign up |
| 4chan Mentions | N/A | Sign up | Sign up | Sign up |
| Facebook Engagement | N/A | Sign up | Sign up | Sign up |
| Facebook Followers | 137 | Sign up | Sign up | Sign up |
| Reddit Mentions | N/A | Sign up | Sign up | Sign up |
| Stocktwits Mentions | 53 | Sign up | Sign up | Sign up |
| Stocktwits Subscribers | 22,809 | Sign up | Sign up | Sign up |
| Twitter Followers | 6,205 | Sign up | Sign up | Sign up |
| Twitter Mentions | 41 | Sign up | Sign up | Sign up |
| News Mentions | N/A | Sign up | Sign up | Sign up |
| Customer reviews | 64 | Sign up | Sign up | Sign up |
| Linkedin Employees | 23 | Sign up | Sign up | Sign up |
About Bit Digital
Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities.
| Price | $4.01 |
| Target Price | Sign up |
| Volume | 4,550,000 |
| Market Cap | $619M |
| Year Range | $1.81 - $5.52 |
| Dividend Yield | 0% |
| PE Ratio | 19.14 |
| Analyst Rating | 100% buy |
| Industry | Crypto Mining |
In the news
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Bit Digital (NASDAQ:BTBT) Given Buy Rating at HC WainwrightNovember 20 - ETF Daily News |
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Bit Digital, Inc.'s (NASDAQ:BTBT) Path To ProfitabilityNovember 19 - Yahoo |
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Bit Digital Inc (BTBT) Q3 2024 Earnings Call Highlights: Navigating Growth Amidst ChallengesNovember 18 - Yahoo |
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Bitcoin Slides After Rebound Attempt, Miner Bit Digital Falls On Q3 MissNovember 18 - Biztoc.com |
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Bit Digital, Inc. (BTBT) Q3 2024 Earnings Call TranscriptNovember 18 - SeekingAlpha |
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Bit Digital (NASDAQ:BTBT) & CCUR (OTCMKTS:CCUR) Critical ComparisonNovember 17 - ETF Daily News |
Financial performance View All
| Revenue | Cost of Revenue | Gross Profit | Net Income | ebitda | EPS | |
|---|---|---|---|---|---|---|
| Q3 '24 | 23M | 15M | 7.2M | -39M | -6.4M | -0.113 |
| Q2 '24 | 29M | 15M | 14M | -12M | 8.3M | -0.090 |
| Q1 '24 | 30M | 23M | 7.3M | 50M | 59M | 0.430 |
| Q4 '23 | 16M | 13M | 2.7M | -2M | -6.1M | -0.020 |
| Q3 '23 | 12M | 8.8M | 2.8M | -7.2M | -790,000 | -0.080 |
Insider Transactions View All
No recorded Insider transactions.
Similar companies
| Company | Price | AI Score | |
|---|---|---|---|
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Riot BlockchainRIOT |
$11.72 3.5% | 58 |
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Marathon DigitalMARA |
$24.08 6.4% | 51 |
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Argo BlockchainARBK |
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Iris EnergyIREN |
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Hut 8HUT |
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Read more about Bit Digital (BTBT) and their ai stock analysis, price prediction, earnings, congress trading, insider transactions, technical analysis, job posts, sentiment, webpage traffic, google trends, 4chan mentions, facebook engagement, facebook followers, reddit mentions, stocktwits mentions, stocktwits subscribers, twitter followers, twitter mentions, news mentions, customer reviews & linkedin employees.
What is the Market Cap of Bit Digital?
The Market Cap of Bit Digital is $619M.
What is Bit Digital's PE Ratio?
As of today, Bit Digital's PE (Price to Earnings) ratio is 19.14.
What is the current stock price of Bit Digital?
Currently, the price of one share of Bit Digital stock is $4.01.
How can I analyze the BTBT stock price chart for investment decisions?
The BTBT stock price chart above provides a comprehensive visual representation of Bit Digital's stock performance over time. Investors can use this chart to identify patterns, trends, and potential support or resistance levels. By examining historical data and recent price movements, investors can make more informed decisions regarding buying, holding, or selling Bit Digital shares. Our platform offers an up-to-date BTBT stock price chart, along with technical data analysis and alternative data insights.
Does BTBT offer dividends to its shareholders?
As of our latest update, Bit Digital (BTBT) does not offer dividends to its shareholders. Investors interested in Bit Digital should consider the potential for capital appreciation as the primary return on investment, rather than expecting dividend payouts.
What are some of the similar stocks of Bit Digital?
Some of the similar stocks of Bit Digital are Riot Blockchain, Marathon Digital, Argo Blockchain, Iris Energy, and Hut 8.
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