B. Riley Securities initiated coverage on Bit Digital with a new price target
$BTBT
Finance: Consumer Services
Finance
B. Riley Securities initiated coverage of Bit Digital with a rating of Buy and set a new price target of $6.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/21/2025 | $6.00 | Buy | Craig Hallum |
| 10/24/2024 | $6.00 | Buy | B. Riley Securities |
| 2/13/2024 | $6.00 | Outperform | Northland Capital |
| 9/23/2021 | $14.00 | Buy | HC Wainwright & Co. |
NEW YORK, Dec. 30, 2024 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced today that is has acquired the real estate and building for a build-to-suit 5MW Tier-3 data center expansion project in Montreal, Canada. This acquisition is part of Bit Digital's strategy to expand its HPC data center footprint to 32MW during 2025. This site also comprises part of Bit Digital's 288MW proprietary pipeline announced earlier this year.
NEW YORK, Nov. 18, 2024 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) (the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York City, today announced its unaudited financial results for the Third Quarter ended September 30, 2024. Financial Highlights for the Third Quarter of 2024 Total revenue was $22.7 million for the Third Quarter of 2024, a 96% increase compared to the Third Quarter of 2023. The increase was primarily driven by the commencement of our high performance comp
NEW YORK, Nov. 11, 2024 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced today that it will release its Third Quarter 2024 results on Monday, November 18, 2024, before the stock market opens. Senior management will host a live webcast and conference call to review the results on Monday, November 18, 2024, at 10:00 a.m. ET.To register for the earnings call, please click here. Additionally, participants can join the conference call by dialing 1-800-289-0462 (passcode: 781205).The Company will issue a press release regarding T
New 5.5 MW Deal Brings Next-Gen Mining to Project Dorothy Soluna Holdings, Inc. ("SHI", "Soluna", or the "Company"), (NASDAQ:SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced a twelve month 5.5 MW hosting contract with Bit Digital (NASDAQ:BTBT) at Soluna's Project Dorothy in Texas, marking the latest expansion in their growing partnership. Soluna and Bit Digital's partnership has expanded steadily, starting with a 4.4 MW deployment at Project Sophie in November 2023, growing to 6.6 MW by October 2024, and extending to Project Dorothy with a 5.5 MW contract in December 2024. Now, the partnership has reached a new milest
NEW YORK, Feb. 10, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company") announced today that it has secured a colocation contract with a leading AI hardware innovator. The agreement will be executed through WhiteFiber, Inc. ("WhiteFiber"), the Company's newly rebranded HPC business, which includes cloud services and its data center platform, Enovum Data Centers Corp. ("Enovum"). Under the agreement, the Company will provide the client with 5 MW (IT load) of built-to-suit data center infrastructure for a period of five years. The contract will be fulfilled at a data center within Enovum's proprietary development pipeline, with the location to be announced at a
NEW YORK, Feb. 7, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced its unaudited digital asset production, HPC services revenue, and corporate updates for the month of January 2025. Corporate Highlights for January 2025 The Company earned approximately $4.9 million of total unaudited HPC revenue[1] during the month of January 2025.Treasury holdings of BTC and ETH were 768.7 and 27,689.6 with a fair mark
Craig Hallum initiated coverage of Bit Digital with a rating of Buy and set a new price target of $6.00
B. Riley Securities initiated coverage of Bit Digital with a rating of Buy and set a new price target of $6.00
Northland Capital initiated coverage of Bit Digital with a rating of Outperform and set a new price target of $6.00
8-K - Bit Digital, Inc (0001710350) (Filer)
8-K - Bit Digital, Inc (0001710350) (Filer)
6-K - Bit Digital, Inc (0001710350) (Filer)
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3 - Bit Digital, Inc (0001710350) (Issuer)
4 - Bit Digital, Inc (0001710350) (Issuer)
SC 13G/A - Bit Digital, Inc (0001710350) (Subject)
SC 13G/A - Bit Digital, Inc (0001710350) (Subject)
SC 13G - Bit Digital, Inc (0001710350) (Subject)
NEW YORK, Sept. 20, 2024 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York, announced today that the Company has appointed Benjamin Lamson as Head of Revenue and Tom Sanfilippo as Chief Technology Officer ("CTO"). Both executives will report directly to CEO Sam Tabar and play critical roles in the growth and development of Bit Digital's high-performance computing ("HPC") business. The Company has also added additional headcount across sales and AI/ML engineering roles in an effort to scale its HPC business.
NEW YORK, March 17, 2022 /PRNewswire/ -- The fastest smart contracts platform on the blockchain, Avalanche Foundation just announced "Multiverse", an incentive program of up to $290 million (4 million AVAX tokens) to help grow "subnets" on its network. The incentive program aims to create scalable chains to support Defi, NFT, and blockchain games on Avalanche. With this launch, Avalanche competes with rivals Cosmos and Polkadot, blockchain operators that already offer similar functionality. Synergies between CeFi, DeFi, gaming, and NFTs provide a tremendous opportunity for WonderFi Technologies (NEO:WNDR) (OTCPK:WONDF), Coinbase Global (NASDAQ:COIN), Bit Digital Inc (NASDAQ:BTBT), DMG Blockc
NEW YORK, Feb. 24, 2022 /PRNewswire/ -- Bit Digital (NASDAQ: BTBT), a leading digital mining company headquartered in New York City with facilities across North America, today announced that the Company has appointed Cameron Schnier as Head of Investor Relations. He will report to Chief Strategy Officer Sam Tabar while overseeing investor relations activities, corporate marketing events, and liaising with equity research coverage. Cameron Schnier joined Bit Digital in February 2022 with over a decade of experience in the financial sector. Prior to joining Bit Digital, Mr. Sch