Bit Digital, Inc. (BTBT) Suffers a Larger Drop Than the General Market: Key Insights
Bit Digital, Inc. (BTBT) closed at $0.96 in the latest trading session, marking a -11.31% move from the prior day.
Bit Digital, Inc. (BTBT) closed at $0.96 in the latest trading session, marking a -11.31% move from the prior day.
In the most recent trading session, Bit Digital, Inc. (BTBT) closed at $1.29, indicating a -5.15% shift from the previous trading day.
Bit Digital, Inc. (NASDAQ: BTBT - Get Free Report) dropped 5.2% on Monday. The stock traded as low as $1.55 and last traded at $1.5450. 8,726,836 shares were traded during trading, a decline of 66% from the average session volume of 25,935,875 shares. The stock had previously closed at $1.63. Analyst Upgrades and Downgrades A number
In the closing of the recent trading day, Bit Digital, Inc. (BTBT) stood at $1.54, denoting a -5.52% move from the preceding trading day.
Bit Digital, Inc. (BTBT) closed at $1.76 in the latest trading session, marking a -1.68% move from the prior day.
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.
Bitcoin and crypto-related stocks remained lower on Tuesday after the U.S. Senate failed to advance comprehensive cryptocurrency legislation in a major blow for digital asset companies and Republicans who had championed the bill for months.
Bitcoin, crypto stocks tumbled Tuesday after the Senate failed to advance the Clarity Act, leaving digital asset market structure in limbo.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Recently, Zacks.com users have been paying close attention to Bit Digital (BTBT). This makes it worthwhile to examine what the stock has in store.
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.
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
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 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.
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) 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 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.
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).
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