During the last session, Bit Digital Inc (NASDAQ:BTBT)’s traded shares were 86.83 million, with the beta value of the company hitting 4.85. At the end of the trading day, the stock’s price was $3.59, reflecting an intraday loss of -4.01% or -$0.15. The 52-week high for the BTBT share is $5.74, that puts it down -59.89 from that peak though still a striking 52.92% gain since the share price plummeted to a 52-week low of $1.69. The company’s market capitalization is $1.02B, and the average intraday trading volume over the past 10 days was 82.01 million shares, and the average trade volume was 24.35 million shares over the past three months.
Bit Digital Inc (BTBT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. BTBT has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it.
Bit Digital Inc (NASDAQ:BTBT) trade information
Bit Digital Inc (BTBT) registered a -4.01% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -4.01% in intraday trading to $3.59, hitting a weekly high. The stock’s 5-day price performance is 55.41%, and it has moved by 35.47% in 30 days. Based on these gigs, the overall price performance for the year is 22.53%. The short interest in Bit Digital Inc (NASDAQ:BTBT) is 27.34 million shares and it means that shorts have 1.64 day(s) to cover.
The consensus price target of analysts on Wall Street is $6.5, which implies an increase of 44.77% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6 and $7 respectively. As a result, BTBT is trading at a discount of -94.99% off the target high and -67.13% off the low.
While earnings are projected to return -250.00% in 2025, the next five years will return -2.70% per annum.
BTBT Dividends
Bit Digital Inc is due to release its next quarterly earnings on 2025-May-15. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Bit Digital Inc (NASDAQ:BTBT)’s Major holders
Bit Digital Inc insiders own 1.41% of total outstanding shares while institutional holders control 25.97%, with the float percentage being 26.34%. BLACKROCK INC. is the largest shareholder of the company, while 206.0 institutions own stock in it. As of 2024-06-30, the company held over 11.07 million shares (or 8.6444% of all shares), a total value of $35.2 million in shares.
The next largest institutional holding, with 9.51 million shares, is of INVESCO LTD.’s that is approximately 7.4277% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $30.25 million.
Also, the Mutual Funds coming in first place with the largest holdings of Bit Digital Inc (BTBT) shares are iShares Trust-iShares Russell 2000 ETF and Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF . Data provided on May 31, 2025 indicates that iShares Trust-iShares Russell 2000 ETF owns about 3.3 shares. This amounts to just over 1.58 percent of the company’s overall shares, with a $11.84 million market value. The same data shows that the other fund manager holds slightly less at 2.59, or about 1.24% of the stock, which is worth about $9.29 million.
