Streetbeat News

BTBT

Bit Digital, Inc.

Industry

Financial - Capital Markets

Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was incorporated in 2017 and is headquartered in New York, New York.

Open

3.04

Mkt cap

416M

Volume

15M

High

3.05

P/E Ratio

-90.33

52-wk high

5.74

Low

2.71

Div yield

N/A

52-wk low

1.76

Bit Digital, Inc. (BTBT) experienced a positive trading day, closing at $3, which is a 0.67% increase from its previous close.

Portfolio Pulse from

February 20, 2025 | 12:00 am

Bit Digital, Inc. (BTBT) experienced a stock price decline of 0.97% in the latest trading session, closing at $3.06, despite an overall market uptick.

Portfolio Pulse from

February 11, 2025 | 12:00 am

Bit Digital, Inc. has secured a multi-year colocation agreement with a leading AI hardware company through its rebranded HPC business, WhiteFiber, Inc. This move is part of Bit Digital's strategy to expand its cloud services and data center platform.

Portfolio Pulse from

February 10, 2025 | 1:15 pm

Bit Digital, Inc. reported its unaudited digital asset production and HPC services revenue for January 2025, earning approximately $4.9 million.

Portfolio Pulse from

February 07, 2025 | 10:15 pm

Bit Digital Inc has rebranded its high-performance computing business to WhiteFiber, aiming to establish a distinct identity for its GPU cloud and data center operations.

Portfolio Pulse from

February 06, 2025 | 2:30 pm

Bit Digital, Inc. has rebranded its HPC business to WhiteFiber, which includes its GPU Cloud and Enovum Data Centers. This strategic move aims to enhance its market presence.

Portfolio Pulse from

February 06, 2025 | 1:15 pm

Bit Digital, Inc. (BTBT) saw a positive change of +0.95% in its stock price, closing at $3.18, despite a general market dip.

Portfolio Pulse from

February 04, 2025 | 12:00 am

Bit Digital (BTBT) is considered a buy due to its transition from Bitcoin mining to scalable computing, offering better margins and predictable results. The company has a strong balance sheet with no debt, supporting its expansion in the data center business.

Portfolio Pulse from

January 28, 2025 | 2:15 pm

Bit Digital Inc (NASDAQ:BTBT) has secured a new GPU agreement with its anchor client, strengthening its relationship in the HPC business. Noble Capital Markets analysts have reiterated an 'Outperform' rating for BTBT, indicating positive expectations.

Portfolio Pulse from

January 27, 2025 | 4:30 pm

Bit Digital Inc (NASDAQ:BTBT) has signed a new agreement to supply 464 Nvidia B200 GPUs to a key customer, replacing a previous contract for 2,048 H100 GPUs. Discussions for additional GPU contracts in 2025 are ongoing.

Portfolio Pulse from

January 24, 2025 | 2:00 pm

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