Bit Digital Inc (NASDAQ:BTBT) has a beta value of 5.36 and has seen 2.27 million shares traded in the recent trading session. The company, currently valued at $500.94M, closed the recent trade at $2.4 per share which meant it gained $0.08 on the day or 3.54%% during that session. The BTBT stock price is -139.17% off its 52-week high price of $5.74 and 29.58% above the 52-week low of $1.69. If we look at the company’s 10-day average daily trading volume, we find that it stood at 12.34 million shares traded. The 3-month trading volume is 13.97 million shares.
The consensus among analysts is that Bit Digital Inc (BTBT) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 5 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight.
Bit Digital Inc (NASDAQ:BTBT) trade information
Sporting 3.54%% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BTBT stock price touched $2.4 or saw a rise of 7.34%. Year-to-date, Bit Digital Inc shares have moved -16.01%, while the 5-day performance has seen it change -8.31%. Over the past 30 days, the shares of Bit Digital Inc (NASDAQ:BTBT) have changed -5.80%. Short interest in the company has seen 27.46 million shares shorted with days to cover at 1.74.
Wall Street analysts have a consensus price target for the stock at $6.5, which means that the shares’ value could jump 63.08% from the levels at last check today.. The projected low price target is $6.0 while the price target rests at a high of $7.0. In that case, then, we find that the latest price level in today’s session is -191.67% off the targeted high while a plunge would see the stock gain -150.0% from the levels at last check today..
Bit Digital Inc (BTBT) estimates and forecasts
The company’s shares have lost -35.25% over the past 6 months.
Earnings growth for 2025 is a modest -247.37% while over the next 5 years, the company’s earnings are expected to decrease by -2.70%.
BTBT Dividends
Bit Digital Inc is expected to release its next earnings report on 2025-May-15 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Bit Digital Inc (NASDAQ:BTBT)’s Major holders
Insiders own 1.57% of the company shares, while shares held by institutions stand at 35.44% with a share float percentage of 36.00%. Investors are also buoyed by the number of investors in a company, with Bit Digital Inc having a total of 206.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 11.07 million shares worth more than $35.2 million. As of 2024-06-30, BLACKROCK INC. held 8.6444% of shares outstanding.
The other major institutional holder is INVESCO LTD., with the holding of over 9.51 million shares as of 2024-06-30. The firm’s total holdings are worth over $30.25 million and represent 7.4277% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Russell 2000 ETF and Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF . As of Apr 30, 2025 , the former fund manager holds about 1.50% shares in the company for having 3.13 shares of worth $7.57 million while later fund manager owns 2.59 shares of worth $6.26 million as of Mar 31, 2025 , which makes it owner of about 1.24% of company’s outstanding stock.
