Bit Digital Inc (NASDAQ:BTBT) has a beta value of 4.90 and has seen 46.34 million shares traded in the last trading session. The company, currently valued at $944.16M, closed the last trade at $3.33 per share which meant it lost -$0.14 on the day or -4.03% during that session. The BTBT stock price is -72.37% off its 52-week high price of $5.74 and 49.25% 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 81.57 million shares traded. The 3-month trading volume is 25.66 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 -4.03% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the BTBT stock price touched $3.33 or saw a rise of 22.56%. Year-to-date, Bit Digital Inc shares have moved -5.13%, while the 5-day performance has seen it change 13.27%. Over the past 30 days, the shares of Bit Digital Inc (NASDAQ:BTBT) have changed 23.79%. Short interest in the company has seen 27.34 million shares shorted with days to cover at 1.64.
Wall Street analysts have a consensus price target for the stock at $6.5, which means that the shares’ value could jump 48.77% from current levels. 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 current price level is -110.21% off the targeted high while a plunge would see the stock gain -80.18% from current levels.
Bit Digital Inc (BTBT) estimates and forecasts
The company’s shares have lost -8.01% over the past 6 months.
Earnings growth for 2025 is a modest -250.00% 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 1.41% of the company shares, while shares held by institutions stand at 25.97% with a share float percentage of 26.34%. 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 May 31, 2025 , the former fund manager holds about 1.58% shares in the company for having 3.3 shares of worth $10.98 million while later fund manager owns 2.59 shares of worth $8.61 million as of Mar 31, 2025 , which makes it owner of about 1.24% of company’s outstanding stock.
