Bit Digital

BTBT · NASDAQ

$0.90−$0.0051 (−0.56%)TodayMarket closed · Oct 20, 7:57 PM ET

Prev close $0.9051

BTBT analyst rating

BuyConsensus of 3 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy3
Hold0
Underperform0
Sell0

12-month price target · 9 analysts

Average $4.66 (+418.1% upside)

Low: $3.54
Now: $0.90
High: $6.30

Upgrades and downgrades

The latest rating actions, newest first

BTBT analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
HC Wainwright & Co.	Sep 8, 2026	Initiates	Buy	$4.00	52%
B. Riley Securities	Apr 2, 2026	Maintains	Buy	$6.00 → $5.00	33%
HC Wainwright & Co.	Apr 2, 2026	Maintains	Buy	$7.00	38%
HC Wainwright & Co.	Nov 17, 2025	Maintains	Buy	$7.00	38%

The case for and against

Updated Sep 17, 2026

Bull case

Bit Digital is well-positioned for strong growth with its diverse operations in bitcoin mining, Ethereum staking, and specialized cloud infrastructure services. The company's recent acquisition of a majority stake in a publicly traded AI infrastructure company adds additional potential for value creation. With a positive outlook for the company's performance and potential for a decrease in the discount on the stock, it is recommended to Buy and hold for potential gains in the next twelve months.

Bear case

Bit Digital is highly exposed to the volatile cryptocurrency market, making it a risky investment. Their reliance on mining and staking activities for revenue exposes them to market conditions that are out of their control. Additionally, the company's significant ownership in WhiteFiber creates the potential for dilution and deconsolidation risk. With current financials showing a net loss of $107.2 million and a loss per share of $0.31 in 2Q2026, there is a high level of risk associated with investing in Bit Digital's stock.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.