Date | Price Target | Rating | Analyst |
---|---|---|---|
2/13/2024 | $6.00 | Outperform | Northland Capital |
9/23/2021 | $14.00 | Buy | HC Wainwright & Co. |
NEW YORK, Sept. 5, 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 its unaudited digital asset production, HPC services revenue, and corporate updates for the month of August 2024. Corporate Highlights for August 2024 The Company had 256 servers actively generating revenue from its initial Bit Digital AI contract, as of August 31, 2024. The Company earned approximately $4.3 million of unaudited revenue from this
H.C. Wainwright & Co., LLC, a full-service investment bank dedicated to providing corporate finance, strategic advisory, and equity research coverage to public and private companies across multiple sectors and regions, is pleased to announce the following keynote speakers and Bitcoin Mining Panel as part of its 26th Annual Global Investment Conference, September 9-11, 2024 at the Lotte New York Palace Hotel. Vivek Ramaswamy, Founder, Roivant Sciences, Ltd. (NASDAQ:ROIV); Co-Founder, Strive Asset Management; Partner, QVT Financial LP; and former U.S. presidential candidate will deliver his keynote address at 4:00 p.m. Eastern Time on Monday, September 9. On Tuesday, September 10, preemin
NEWPORT BEACH, Calif., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Gateway Group ("Gateway"), a leading financial communications and digital media advisory firm, today announced the presenting company lineup for the Artificial Intelligence (AI), Blockchain, and Digital Infrastructure Track at the 2024 Gateway Conference. Scheduled for Thursday, September 5th, the presentation format will showcase seven innovative publicly traded companies at the forefront of the technology sector at the Four Seasons Hotel in San Francisco. Featured CompaniesThe AI, Blockchain, and Digital Infrastructure Track will include presentations from: Applied Digital Corporation (NASDAQ:APLD) - A designer, builder, and oper
Bit Digital's (NYSE:BTBT) short percent of float has risen 14.44% since its last report. The company recently reported that it has 22.86 million shares sold short, which is 19.1% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.52 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest
Northland Capital initiated coverage of Bit Digital with a rating of Outperform and set a new price target of $6.00
HC Wainwright & Co. initiated coverage of Bit Digital with a rating of Buy and set a new price target of $14.00
6-K - Bit Digital, Inc (0001710350) (Filer)
6-K - Bit Digital, Inc (0001710350) (Filer)
CT ORDER - Bit Digital, Inc (0001710350) (Filer)
SC 13G/A - Bit Digital, Inc (0001710350) (Subject)
SC 13G - Bit Digital, Inc (0001710350) (Subject)
SC 13G - Bit Digital, Inc (0001710350) (Subject)
NEW YORK, Aug. 12, 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 it will release its Second Quarter 2024 results on Monday, August 19, 2024, after the stock market closes. Senior management will host a live webcast and conference call to review the results on Tuesday, August 20, 2024, at 10 a.m. ET. To register for the earnings call, please click here. Additionally, participants can join the confere
NEW YORK, May 15, 2024 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) (the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York City, today announced its unaudited financial results for the First Quarter ended March 31, 2024. Financial Highlights for the First Quarter of 2024 Total revenue was $30.3 million for the First Quarter of 2024, a 266% increase compared to the First Quarter of 2023. The increase was primarily driven by the commencement of our Bit Digital AI business and by a h
NEW YORK, May 8, 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 it will release its First Quarter 2024 results on Wednesday, May 15, 2024, after the stock market closes. Senior management will host a live webcast and conference call to review the results on Thursday, May 16, 2024, at 10 a.m. ET. To register for the earnings call, please click here. Additionally, participants can join the conference c
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
NEW YORK, Nov. 17, 2021 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), a bitcoin mining company headquartered in New York, announced its unaudited bitcoin production and mining operations update for the third quarter ended September 30, 2021. Preliminary Third Quarter 2021 Highlights We completed our fleet's exit from China. As of the date of this press release, 100% of our fleet had arrived in North America. As of September 30, 2021, we had no miners remaining in China: 79.1% of our miner fleet was already deployed or awaiting installation in North America, and 20.9% was in transit. The Company owned 27,744 miners as of September 30, 2021, with an estimat