Symbols / BTBT $1.39 +1.47% Bit Digital, Inc.

Financial Services • Capital Markets • United States • NCM
BTBT Chart
About

Bit Digital, Inc., together with its subsidiaries, engages in the institutional grade ethereum treasury and staking business. The company designs and operates data centers that provides hosting and colocation services; and cloud solutions for AI training and inference workloads. It is also involved in digital asset mining business. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was founded in 2015 and is headquartered in New York, New York.

Fundamentals
Scroll to Statements
Sector Financial Services Industry Capital Markets Market Cap 454.01M
Enterprise Value 613.54M Income -80.32M Sales 112.06M
Book/sh 2.21 Cash/sh 0.36 Dividend Yield
Payout 0.00% Employees 104 IPO
P/E 1.98 Forward P/E PEG
P/S 4.05 P/B 0.63 P/C
EV/EBITDA -10.86 EV/Sales 5.47 Quick Ratio 1.64
Current Ratio 6.39 Debt/Eq 15.51 LT Debt/Eq
EPS (ttm) -0.31 EPS next Y 0.00 EPS Growth
Revenue Growth 24.90% Earnings 2026-05-14 ROA -6.81%
ROE -12.78% ROIC Gross Margin 53.25%
Oper. Margin -6.06% Profit Margin -71.67% Shs Outstand 326.58M
Shs Float 321.33M Short Float 18.53% Short Ratio 2.81
Short Interest 52W High 4.55 52W Low 1.25
Beta 4.04 Avg Volume 24.78M Volume 11.52M
Target Price $4.90 Recom Strong_buy Prev Close $1.37
Price $1.39 Change 1.47%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.90
Mean price target
2. Current target
$1.36
Latest analyst target
3. DCF / Fair value
$-29.14
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.36
Low
$3.00
High
$7.00
Mean
$4.90

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-02 main B. Riley Securities Buy → Buy $5
2026-04-02 reit HC Wainwright & Co. Buy → Buy $7
2025-11-17 reit HC Wainwright & Co. Buy → Buy $7
2025-08-18 reit HC Wainwright & Co. Buy → Buy $7
2025-06-26 reit HC Wainwright & Co. Buy → Buy $7
2025-05-19 reit HC Wainwright & Co. Buy → Buy $7
2025-04-21 reit HC Wainwright & Co. Buy → Buy $7
2025-03-17 reit HC Wainwright & Co. Buy → Buy $7
2025-01-21 init Craig-Hallum — → Buy $6
2024-11-19 reit HC Wainwright & Co. Buy → Buy $7
2024-10-24 init B. Riley Securities — → Buy $6
2024-08-21 reit HC Wainwright & Co. Buy → Buy $6
2024-07-12 reit HC Wainwright & Co. Buy → Buy $6
2024-07-01 main HC Wainwright & Co. Buy → Buy $6
2024-05-17 reit HC Wainwright & Co. Buy → Buy $5
2024-03-20 reit HC Wainwright & Co. Buy → Buy $5
2024-02-13 init Northland Capital Markets — → Outperform $6
2023-12-04 main HC Wainwright & Co. Buy → Buy $5
2023-08-17 reit HC Wainwright & Co. Buy → Buy $4
2023-06-14 main HC Wainwright & Co. — → Buy $4
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-25 TABAR SAMIR V. Chief Executive Officer 150,000
2026-03-25 HUANG ERKE Chief Financial Officer 750,000
2026-03-25 ZHU JUSTIN Officer 97,465
2026-01-28 TABAR SAMIR V. Chief Executive Officer 205,000 $1.89 $387,450
2026-01-28 HUANG ERKE Chief Financial Officer 205,000 $1.89 $387,450
2025-12-12 PIERCE BROCK JEFFREY Director 20,000
2025-11-21 HUANG ERKE Chief Financial Officer 1,500,000 $2.01 $3,200,192
2025-10-15 TABAR SAMIR V. Chief Executive Officer 325,000
2025-10-15 HUANG ERKE Chief Financial Officer 325,000
2025-07-25 TABAR SAMIR V. Chief Executive Officer 300,000
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
113.56
+5.10%
108.05
+140.56%
44.92
+39.07%
32.30
Operating Revenue
112.06
+4.24%
107.50
+139.34%
44.92
+39.07%
32.30
Cost Of Revenue
52.39
-16.01%
62.38
+111.05%
29.56
+45.07%
20.37
Reconciled Cost Of Revenue
52.39
-16.01%
62.38
+111.05%
29.56
+45.07%
20.37
Gross Profit
61.17
+33.94%
45.67
+197.36%
15.36
+28.83%
11.92
Operating Expense
117.78
+59.55%
73.82
+75.36%
42.10
-17.16%
50.81
Selling General And Administration
80.96
+95.06%
41.51
+50.02%
27.67
+20.38%
22.98
General And Administrative Expense
80.96
+95.06%
41.51
+50.02%
27.67
+20.38%
22.98
Other Gand A
80.96
+95.06%
41.51
+50.02%
27.67
+20.38%
22.98
Total Expenses
170.17
+24.94%
136.20
+90.08%
71.65
+0.65%
71.19
Operating Income
-56.61
-101.13%
-28.15
-5.28%
-26.74
+31.26%
-38.89
Total Operating Income As Reported
-91.83
-433.17%
27.56
+265.85%
-16.62
+84.49%
-107.17
EBITDA
-47.03
-172.80%
64.60
+7850.20%
0.81
+107.34%
-11.06
Normalized EBITDA
-26.65
-373.44%
9.74
+206.54%
-9.15
-116.69%
54.82
Reconciled Depreciation
36.82
+13.95%
32.31
+123.97%
14.43
-48.16%
27.83
EBIT
-83.84
-359.71%
32.28
+337.13%
-13.61
+65.00%
-38.89
Total Unusual Items
-20.38
-137.16%
54.85
+450.76%
9.96
+115.12%
-65.88
Total Unusual Items Excluding Goodwill
-20.38
-137.16%
54.85
+450.76%
9.96
+115.12%
-65.88
Special Income Charges
-36.13
-165.87%
54.85
+451.21%
9.95
+114.87%
-66.92
Impairment Of Capital Assets
6.01
0.00
-100.00%
6.63
-91.12%
74.69
Write Off
0.00
0.00
-100.00%
2.04
+131.80%
-6.42
Net Income
-80.32
-383.75%
28.31
+303.74%
-13.89
+86.81%
-105.30
Pretax Income
-86.94
-369.29%
32.28
+337.13%
-13.61
+87.14%
-105.89
Net Non Operating Interest Income Expense
-3.09
0.00
0.00
Interest Expense Non Operating
3.09
0.00
0.00
Net Interest Income
-3.09
0.00
0.00
Interest Expense
3.09
0.00
0.00
Other Income Expense
-27.23
-145.07%
60.43
+360.54%
13.12
+119.59%
-67.00
Other Non Operating Income Expenses
-6.85
-222.82%
5.58
+76.44%
3.16
+383.30%
-1.12
Gain On Sale Of Security
15.75
0.01
-99.21%
1.04
Tax Provision
-2.01
-150.45%
3.98
+1325.64%
0.28
+147.07%
-0.59
Tax Rate For Calcs
0.00
-81.27%
0.00
-41.32%
0.00
+2000.00%
0.00
Tax Effect Of Unusual Items
-0.47
-106.96%
6.76
+223.17%
2.09
+417.46%
-0.66
Net Income Including Noncontrolling Interests
-84.93
-400.04%
28.31
+303.74%
-13.89
+86.81%
-105.30
Net Income From Continuing Operation Net Minority Interest
-80.32
-383.75%
28.31
+303.74%
-13.89
+86.81%
-105.30
Net Income From Continuing And Discontinued Operation
-80.32
-383.75%
28.31
+303.74%
-13.89
+86.81%
-105.30
Net Income Continuous Operations
-84.93
-400.04%
28.31
+303.74%
-13.89
+86.81%
-105.30
Net Income Discontinuous Operations
0.00
Minority Interests
4.61
0.00
0.00
Normalized Income
-60.41
-205.30%
-19.79
+9.08%
-21.76
+45.70%
-40.07
Net Income Common Stockholders
-80.32
-383.75%
28.31
+303.74%
-13.89
+86.81%
-105.30
Diluted EPS
-0.31
-263.16%
0.19
+218.75%
-0.16
+88.06%
-1.34
Basic EPS
-0.31
-255.00%
0.20
+225.00%
-0.16
+88.06%
-1.34
Basic Average Shares
257.88
+83.75%
140.35
+60.33%
87.53
+11.35%
78.61
Diluted Average Shares
257.88
+82.24%
141.51
+61.66%
87.53
+11.35%
78.61
Diluted NI Availto Com Stockholders
-80.32
-383.75%
28.31
+303.74%
-13.89
+86.81%
-105.30
Depreciation Amortization Depletion Income Statement
36.82
+13.95%
32.31
+123.97%
14.43
-48.16%
27.83
Depreciation And Amortization In Income Statement
36.82
+13.95%
32.31
+123.97%
14.43
-48.16%
27.83
Gain On Sale Of PPE
-30.12
-154.92%
54.85
+194.50%
18.62
+1276.25%
1.35
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
1,174.42
+118.19%
538.25
+184.29%
189.33
+88.54%
100.42
Current Assets
593.75
+100.01%
296.86
+256.17%
83.35
+29.43%
64.40
Cash Cash Equivalents And Short Term Investments
123.10
+25.41%
98.16
+319.81%
23.38
-29.82%
33.32
Cash And Cash Equivalents
118.36
+24.32%
95.20
+464.63%
16.86
-48.42%
32.69
Other Short Term Investments
4.75
+60.43%
2.96
-54.64%
6.52
+940.98%
0.63
Receivables
29.72
+156.79%
11.57
-16.47%
13.86
+1781.46%
0.74
Accounts Receivable
23.92
+354.10%
5.27
0.00
Receivables Adjustments Allowances
-0.01
0.00
Other Receivables
5.41
-14.23%
6.31
-54.49%
13.86
Taxes Receivable
0.00
-100.00%
0.74
Loans Receivable
0.40
0.00
Prepaid Assets
14.74
-29.22%
20.82
+669.85%
2.70
+143.94%
1.11
Current Deferred Assets
2.19
+123.10%
0.98
-5.72%
1.04
0.00
Restricted Cash
7.86
+110.48%
3.73
+182.79%
1.32
+0.00%
1.32
Other Current Assets
416.14
+157.53%
161.59
+293.71%
41.04
+47.04%
27.91
Total Non Current Assets
580.67
+140.55%
241.39
+127.77%
105.98
+194.19%
36.03
Net PPE
437.74
+171.33%
161.33
+75.51%
91.92
+264.69%
25.20
Gross PPE
503.29
+153.83%
198.28
+76.15%
112.56
+346.60%
25.20
Accumulated Depreciation
-65.55
-77.43%
-36.95
-78.96%
-20.65
-127.67%
-9.07
Properties
0.00
0.00
0.00
-100.00%
32.22
Land And Improvements
6.51
+85.88%
3.50
0.00
Buildings And Improvements
19.47
0.00
Machinery Furniture Equipment
4.87
+566.16%
0.73
+210.24%
0.24
Construction In Progress
209.88
+229.70%
63.66
+15.20%
55.26
+2029.50%
2.59
Other Properties
251.94
+96.29%
128.35
+124.90%
57.07
+152.42%
22.61
Leases
30.09
+1380.22%
2.03
0.00
Goodwill And Other Intangible Assets
32.97
+1.71%
32.41
0.00
Goodwill
20.15
+3.93%
19.38
0.00
Other Intangible Assets
12.82
-1.60%
13.03
Investments And Advances
78.81
+109.71%
37.58
+759.23%
4.37
+144.62%
1.79
Other Investments
9.69
+42.82%
6.78
0.00
-100.00%
1.79
Non Current Accounts Receivable
-0.04
Non Current Deferred Assets
25.55
+2284.86%
1.07
-43.12%
1.88
0.00
Non Current Deferred Taxes Assets
2.58
+2789.80%
0.09
0.00
0.00
Non Current Prepaid Assets
5.17
-27.22%
7.10
-1.66%
7.22
-19.43%
8.97
Other Non Current Assets
0.48
-67.86%
1.49
+713.64%
0.18
+169.92%
0.07
Total Liabilities Net Minority Interest
309.16
+313.49%
74.77
+104.15%
36.62
+249.23%
10.49
Current Liabilities
92.95
+68.91%
55.03
+103.19%
27.08
+263.83%
7.44
Payables And Accrued Expenses
66.49
+235.82%
19.80
+63.05%
12.14
+63.14%
7.44
Payables
66.49
+235.82%
19.80
+63.05%
12.14
+127.25%
5.34
Accounts Payable
8.87
+159.63%
3.42
+47.57%
2.32
-36.16%
3.63
Other Payable
56.07
+300.90%
13.99
+43.06%
9.78
+470.10%
1.71
Dividends Payable
0.00
-100.00%
0.80
0.00
Current Accrued Expenses
0.00
-100.00%
2.10
Total Tax Payable
1.55
-3.04%
1.60
+3029.71%
0.05
0.00
Income Tax Payable
1.55
-3.04%
1.60
+3029.71%
0.05
0.00
Current Debt And Capital Lease Obligation
18.46
+307.57%
4.53
+142.89%
1.86
Current Capital Lease Obligation
18.46
+307.57%
4.53
+142.89%
1.86
0.00
Current Deferred Liabilities
8.00
-73.95%
30.70
+134.82%
13.07
0.00
Current Deferred Revenue
8.00
-73.95%
30.70
+134.82%
13.07
0.00
Total Non Current Liabilities Net Minority Interest
216.21
+995.19%
19.74
+106.87%
9.54
+213.51%
3.04
Long Term Debt And Capital Lease Obligation
115.71
+1147.25%
9.28
+113.19%
4.35
0.00
Long Term Debt
110.29
Long Term Capital Lease Obligation
5.42
-41.62%
9.28
+113.19%
4.35
0.00
Tradeand Other Payables Non Current
3.20
+0.00%
3.20
+0.00%
3.20
+5.00%
3.04
Non Current Deferred Liabilities
78.05
+1103.82%
6.48
+5675.81%
0.11
0.00
Non Current Deferred Revenue
71.55
+97260.87%
0.07
0.00
Non Current Deferred Taxes Liabilities
6.49
+1.32%
6.41
+5610.34%
0.11
0.00
Other Non Current Liabilities
0.79
-58.30%
1.88
Stockholders Equity
723.99
+56.21%
463.48
+203.52%
152.70
+69.80%
89.93
Common Stock Equity
714.94
+57.33%
454.43
+216.34%
143.65
+77.61%
80.88
Capital Stock
12.29
+13.38%
10.84
+7.10%
10.12
+2.53%
9.87
Common Stock
3.24
+80.93%
1.79
+66.87%
1.07
+30.23%
0.82
Preferred Stock
9.05
+0.00%
9.05
+0.00%
9.05
+0.00%
9.05
Share Issued
324.32
+80.93%
179.26
+66.87%
107.42
+30.03%
82.62
Ordinary Shares Number
324.19
+80.99%
179.13
+66.95%
107.29
+30.07%
82.49
Treasury Shares Number
0.13
+0.00%
0.13
+0.00%
0.13
+0.00%
0.13
Additional Paid In Capital
890.07
+60.78%
553.58
+90.46%
290.66
+36.69%
212.65
Retained Earnings
-178.53
-81.78%
-98.21
+33.15%
-146.91
-11.79%
-131.42
Gains Losses Not Affecting Retained Earnings
1.33
+185.00%
-1.57
0.00
Treasury Stock
1.17
+0.00%
1.17
+0.00%
1.17
+0.00%
1.17
Minority Interest
141.27
0.00
Other Equity Adjustments
1.33
+185.00%
-1.57
Total Equity Gross Minority Interest
865.26
+86.69%
463.48
+203.52%
152.70
+69.80%
89.93
Total Capitalization
834.28
+80.00%
463.48
+203.52%
152.70
+69.80%
89.93
Working Capital
500.80
+107.09%
241.83
+329.81%
56.26
-1.21%
56.95
Invested Capital
825.23
+81.60%
454.43
+216.34%
143.65
+77.61%
80.88
Total Debt
134.17
+871.78%
13.81
+122.10%
6.22
0.00
Capital Lease Obligations
23.88
+72.93%
13.81
+122.10%
6.22
0.00
Net Tangible Assets
691.03
+60.31%
431.07
+182.29%
152.70
+69.80%
89.93
Tangible Book Value
681.98
+61.60%
422.02
+193.77%
143.65
+77.61%
80.88
Available For Sale Securities
69.12
+124.44%
30.80
+604.15%
4.37
+144.62%
1.79
Derivative Product Liabilities
19.26
0.00
Dueto Related Parties Current
Investmentin Financial Assets
69.12
+124.44%
30.80
+604.15%
4.37
+144.62%
1.79
Non Current Note Receivables
0.00
-100.00%
0.40
+0.00%
0.40
0.00
Preferred Stock Equity
9.05
+0.00%
9.05
+0.00%
9.05
+0.00%
9.05
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-288.92
-2124.72%
-12.99
-1274.67%
1.11
+113.01%
-8.50
Cash Flow From Continuing Operating Activities
-288.92
-2124.72%
-12.99
-1274.67%
1.11
+113.01%
-8.50
Cash From Discontinued Operating Activities
Net Income From Continuing Operations
-84.93
-400.04%
28.31
+303.74%
-13.89
+86.81%
-105.30
Depreciation Amortization Depletion
36.82
+13.95%
32.31
+123.97%
14.43
-48.16%
27.83
Depreciation
14.43
-48.16%
27.83
Depreciation And Amortization
36.82
+13.95%
32.31
+123.97%
14.43
-48.16%
27.83
Other Non Cash Items
4.99
+294.17%
1.27
0.62
Stock Based Compensation
24.58
+148.85%
9.88
+8.31%
9.12
+303.01%
2.26
Provisionand Write Offof Assets
0.23
0.00
0.00
-100.00%
0.13
Asset Impairment Charge
6.01
0.00
-100.00%
8.67
-88.41%
74.82
Deferred Tax
0.00
0.00
+100.00%
-0.40
Deferred Income Tax
0.00
0.00
+100.00%
-0.40
Operating Gains Losses
-17.28
+84.98%
-115.01
-78.88%
-64.30
-55.82%
-41.27
Gain Loss On Investment Securities
-15.75
-517.43%
-2.55
-77.06%
-1.44
-38.53%
-1.04
Unrealized Gain Loss On Investment Securities
4.35
+268.64%
-2.58
-121.88%
-1.16
-323.57%
0.52
Gain Loss On Sale Of PPE
-1.53
+98.65%
-113.44
-80.45%
-62.87
-56.49%
-40.17
Change In Working Capital
-263.69
-902.83%
32.84
-31.91%
48.24
+48.81%
32.42
Change In Receivables
-18.75
-301.88%
-4.67
-733.59%
0.74
+200.00%
-0.74
Changes In Account Receivables
-18.75
-301.88%
-4.67
0.00
0.00
Change In Payables And Accrued Expense
24.83
+173.19%
9.09
+23.73%
7.35
-6.50%
7.86
Change In Payable
24.83
+173.19%
9.09
+23.73%
7.35
-6.50%
7.86
Change In Account Payable
6.74
+92.38%
3.50
+405.85%
0.69
-78.10%
3.16
Change In Other Working Capital
46.19
+136.65%
19.52
+48.04%
13.19
+1117.28%
-1.30
Change In Other Current Assets
-310.79
-2966.28%
10.84
-42.54%
18.87
-25.40%
25.29
Change In Other Current Liabilities
-5.17
-166.03%
-1.94
-123.98%
8.10
0.00
Investing Cash Flow
-287.42
-92.87%
-149.02
-115.48%
-69.16
-271.72%
-18.61
Cash Flow From Continuing Investing Activities
-287.42
-92.87%
-149.02
-115.48%
-69.16
-271.72%
-18.61
Cash From Discontinued Investing Activities
Net PPE Purchase And Sale
-283.82
-204.43%
-93.23
-39.86%
-66.66
-265.21%
-18.25
Purchase Of PPE
-285.93
-204.17%
-94.00
-41.02%
-66.66
-244.79%
-19.33
Sale Of PPE
2.11
+172.68%
0.77
0.00
-100.00%
1.08
Capital Expenditure
-285.93
-204.17%
-94.00
-41.02%
-66.66
-244.79%
-19.33
Net Investment Purchase And Sale
-2.00
+88.23%
-17.00
-709.73%
-2.10
-615.72%
-0.29
Purchase Of Investment
-2.00
+88.23%
-17.00
-676.62%
-2.19
-9.45%
-2.00
Sale Of Investment
0.00
0.00
-100.00%
0.09
-94.75%
1.71
Net Business Purchase And Sale
-1.59
+95.89%
-38.79
0.00
+100.00%
-0.06
Purchase Of Business
-1.59
+95.91%
-38.97
0.00
+100.00%
-0.06
Gain Loss On Sale Of Business
0.00
-100.00%
0.98
0.00
+100.00%
-0.05
Net Intangibles Purchase And Sale
Net Other Investing Changes
-0.40
Financing Cash Flow
599.08
+146.68%
242.86
+365.04%
52.22
+179.06%
18.71
Cash Flow From Continuing Financing Activities
599.08
+146.68%
242.86
+365.04%
52.22
+179.06%
18.71
Net Issuance Payments Of Debt
143.62
0.00
0.00
0.00
Issuance Of Debt
143.71
0.00
0.00
0.00
Repayment Of Debt
-0.09
0.00
0.00
0.00
Long Term Debt Issuance
143.71
0.00
0.00
0.00
Long Term Debt Payments
-0.09
0.00
0.00
0.00
Net Long Term Debt Issuance
143.62
0.00
0.00
0.00
Net Common Stock Issuance
456.26
+87.87%
242.86
+351.23%
53.82
+156.17%
21.01
Cash Dividends Paid
-0.80
0.00
+100.00%
-1.60
0.00
Proceeds From Stock Option Exercised
0.00
0.00
-100.00%
0.00
0.00
Net Other Financing Charges
-2.30
Changes In Cash
22.74
-71.87%
80.85
+610.73%
-15.83
-88.74%
-8.39
Effect Of Exchange Rate Changes
0.54
+666.54%
-0.10
0.00
0.00
Beginning Cash Position
98.93
+444.16%
18.18
-46.54%
34.01
-19.78%
42.40
End Cash Position
122.21
+23.53%
98.93
+444.16%
18.18
-46.54%
34.01
Free Cash Flow
-574.85
-437.30%
-106.99
-63.21%
-65.55
-135.56%
-27.83
Interest Paid Supplemental Data
0.00
0.00
Income Tax Paid Supplemental Data
0.67
+404.51%
0.13
0.73
Change In Income Tax Payable
-0.05
-103.14%
1.54
+660.11%
0.20
+171.79%
-0.28
Change In Tax Payable
-0.05
-103.14%
1.54
+660.11%
0.20
+171.79%
-0.28
Common Stock Issuance
456.26
+87.87%
242.86
+351.23%
53.82
+156.17%
21.01
Earnings Losses From Equity Investments
0.00
0.00
-100.00%
0.01
0.00
Issuance Of Capital Stock
456.26
+87.87%
242.86
+351.23%
53.82
+156.17%
21.01
Preferred Stock Dividend Paid
-0.80
0.00
+100.00%
-1.60
0.00
Sale Of Business
0.00
-100.00%
0.18
0.00
0.00
Sale Of Intangibles
SEC Filings

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