Recently, Zacks.com users have been paying close attention to Bit Digital (BTBT). This makes it worthwhile to examine what the stock has in store.
In the closing of the recent trading day, Bit Digital, Inc. (BTBT) stood at $2.91, denoting a +2.46% move from the preceding trading day.
Bit Digital, Inc. (BTBT) closed the most recent trading day at $3.15, moving 2.48% from the previous trading session.
The latest trading day saw Bit Digital, Inc. (BTBT) settling at $3.23, representing a -3.87% change from its previous close.
Bit Digital (BTBT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
In the latest trading session, Bit Digital, Inc. (BTBT) closed at $3.84, marking a -4.24% move from the previous day.
Bit Digital Inc (NASDAQ:BTBT) announced that it has acquired approximately 19,683 Ethereum (ETH) using the net proceeds from its recently completed $67.3 million registered direct offering to institutional investors. Following the purchase, the company now holds approximately 120,306 ETH.
Bit Digital, Inc. (BTBT) concluded the recent trading session at $4.01, signifying a +2.04% move from its prior day's close.
Ethereum surged over 5% on Thursday to $3,432, leading gains in the cryptocurrency market as institutional interest in the blockchain platform intensified, reinforcing its status as a yield-generating digital asset. The world's second-largest cryptocurrency has jumped 36% in the past month to its highest level since January, outpacing Bitcoin, which traded flat at just above $118,000 after hitting a record $122,900 earlier in the week.
Bit Digital Inc (NASDAQ:BTBT) said on Wednesday that its high-performance computing subsidiary WhiteFiber Inc has filed for an initial public offering in the US. WhiteFiber plans to list its ordinary shares on the Nasdaq Capital Market under the ticker symbol "WYFI".
Bit Digital Inc (NASDAQ:BTBT) announced it has entered into a placement agency agreement with B Riley Securities for a registered direct offering of 22 million shares, expected to raise approximately $67.3 million in gross proceeds. The offering, priced at $3.06 per share, is being made to certain institutional investors and is expected to close around July 15, subject to customary closing conditions.