Bitcoin surges above $70K as Trump backs Clarity Act, Treasury ramps up buybacks
Bitcoin jumped 4.6% to $72,475.25 – a roughly 12% gain over the past two days after the digital asset was trading near $63,000 earlier this week.
BTBT - Bit Digital, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$3.50
DETAILS
HIGH:
$3.50
LOW:
$3.50
MEDIAN:
$3.50
CONSENSUS:
$3.50
UPSIDE:
113.41%
Stock News
Bit Digital: Investors Not Aware Of The Fundamental Changes, Give It A Huge Discount
Bit Digital (BTBT) is upgraded to Buy, driven by its pivot from crypto to AI cloud and colocation, with WhiteFiber (WYFI) as its key asset. Q2 revenue beat was due to a non-recurring termination fee; true growth will reflect in 2027 as WhiteFiber's $932.9M backlog is realized. BTBT trades at over a 30% NAV discount, with current market cap ($571M) below the value of its WhiteFiber stake ($821M).
Bit Digital, Inc. (BTBT) Q2 2026 Earnings Call Transcript
Bit Digital, Inc. (BTBT) Q2 2026 Earnings Call Transcript
Bit Digital Q2 Earnings Miss Despite Revenue Beat on Cloud Growth
BTBT's revenues surge on cloud growth and new contracts, but heavy impairments, digital asset losses and interest costs drive a wider Q2 loss.
Bit Digital Q2 Earnings Call Highlights
Bit Digital NASDAQ: BTBT reported second-quarter revenue of $32.1 million, up 15% sequentially, as cloud services growth helped offset lower Ethereum staking and bitcoin mining revenue. The company also outlined a capital-allocation strategy centered on its Ethereum holdings and its majority interest in data-center business WhiteFiber.
Here's What Key Metrics Tell Us About Bit Digital (BTBT) Q2 Earnings
The headline numbers for Bit Digital (BTBT) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Bit Digital, Inc. (BTBT) Reports Q2 Loss, Beats Revenue Estimates
Bit Digital, Inc. (BTBT) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to a loss of $0.03 per share a year ago.
Bit Digital revenue rises as cloud services drive growth
Bit Digital Inc (NASDAQ:BTBT) saw its revenue grew 15% from the prior quarter thanks to the strength of its cloud services. The company posted total revenue of $32.1 million for the quarter, with cloud services revenue climbing 42% sequentially on new and expanded contracts.
Bit Digital, Inc. Announces Second Quarter 2026 Financial Results
NEW YORK, Aug. 13, 2026 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a publicly listed Strategic Asset Company focused on Ethereum ("ETH") strategies and AI/HPC infrastructure, today announced its financial results for the second quarter of 2026. The Company will host a conference call on August 13, 2026, at 10:30 AM ET to discuss results (click here for registration information).
Cerebras stock falls on earnings disappointment despite guidance raise
Cerebras Systems Inc (NASDAQ:CBRS) shares fell 11% Thursday after the AI chipmaker reported second-quarter revenue below Wall Street estimates, even as the...
Bit Digital revenue rises as cloud services drive growth
Bit Digital Inc (NASDAQ:BTBT) saw its revenue grew 15% from the prior quarter thanks to the strength of its cloud services. The company posted total revenue...
Bit Digital, Inc. (NASDAQ:BTBT) Receives $5.12 Average Price Target from Brokerages
Bit Digital, Inc. (NASDAQ: BTBT - Get Free Report) has been given an average recommendation of "Hold" by the five research firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have issued a buy recommendation on the
Bit Digital, Inc. (BTBT) Registers a Bigger Fall Than the Market: Important Facts to Note
The latest trading day saw Bit Digital, Inc. (BTBT) settling at $1.37, representing a -1.09% change from its previous close.
Bit Digital, Inc. Announces Second Quarter 2026 Earnings Release Date and Conference Call
NEW YORK, Aug. 5, 2026 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company") today announced that it will release its financial results for the second quarter ended June 30, 2026, before the market opens on Thursday, August 13, 2026. Senior management will host a live webcast and conference call to discuss the results at 10:30 a.m.
Brokers Suggest Investing in Bit Digital (BTBT): Read This Before Placing a Bet
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Bit Digital, Inc. (BTBT) Stock Drops Despite Market Gains: Important Facts to Note
Bit Digital, Inc. (BTBT) reached $1.31 at the closing of the latest trading day, reflecting a -7.75% change compared to its last close.
Bit Digital, Inc. (BTBT) Shareholder/Analyst Call Prepared Remarks Transcript
Bit Digital, Inc. (BTBT) Shareholder/Analyst Call Prepared Remarks Transcript
Bit Digital, Inc. (BTBT) is Attracting Investor Attention: Here is What You Should 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.
Bit Digital, Inc. (BTBT) Stock Sinks As Market Gains: What You Should Know
In the closing of the recent trading day, Bit Digital, Inc. (BTBT) stood at $1.37, denoting a -8.67% move from the preceding trading day.
Bit Digital, Inc. (BTBT) Exceeds Market Returns: Some Facts to Consider
In the most recent trading session, Bit Digital, Inc. (BTBT) closed at $1.58, indicating a +2.6% shift from the previous trading day.
Price Targets
Bit Digital price target raised to $3.50 from $3 at Craig-Hallum
$3.50
(was $1.68)
Craig-Hallum
Bit Digital price target lowered to $5 from $6 at Northland
$5.00
(was $2.37)
Northland Securities
B.Riley Starts Bit Digital Inc. (BTBT) at Buy
$6.00
(was $3.87)
Nick Giles
·
B.Riley Financial
Bit Digital Inc. (BTBT) PT Raised to $7 at H.C. Wainwright
$7.00
(was $3.56)
Kevin Dede
·
H.C. Wainwright
Bit Digital Inc. (BTBT) PT Raised to $6 at H.C. Wainwright
$6.00
(was $3.18)
Kevin Dede
·
H.C. Wainwright
H.C. Wainwright Reiterates Buy Rating on Bit Digital Inc. (BTBT)
$5.00
(was $2.18)
Kevin Dede
·
H.C. Wainwright
HC Wainwright & Co. Maintains Buy on Bit Digital, Lowers Price Target to $2
$2.00
(was $0.76)
H.C. Wainwright
HC Wainwright & Co. Maintains Buy on Bit Digital, Lowers Price Target to $4
$4.00
(was $1.64)
H.C. Wainwright