Bit Digital, Inc. (BTBT) closed at $0.96 in the latest trading session, marking a -11.31% move from the prior day.
In the most recent trading session, Bit Digital, Inc. (BTBT) closed at $1.29, indicating a -5.15% shift from the previous trading day.
In the closing of the recent trading day, Bit Digital, Inc. (BTBT) stood at $1.54, denoting a -5.52% move from the preceding trading day.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
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.
Bit Digital, Inc. (BTBT) Q2 2026 Earnings Call Transcript
BTBT's revenues surge on cloud growth and new contracts, but heavy impairments, digital asset losses and interest costs drive a wider Q2 loss.
Bit Digital NASDAQ: BTBT reported second-quarter revenue of $32.1 million, up 15% sequentially, as cloud services growth helped offset lower Ethereum staking and bitcoin mining revenue. The company also outlined a capital-allocation strategy centered on its Ethereum holdings and its majority interest in data-center business WhiteFiber.
The headline numbers for Bit Digital (BTBT) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Bit Digital, Inc. (BTBT) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to a loss of $0.03 per share a year ago.
Bit Digital Inc (NASDAQ:BTBT) saw its revenue grew 15% from the prior quarter thanks to the strength of its cloud services. The company posted total revenue of $32.1 million for the quarter, with cloud services revenue climbing 42% sequentially on new and expanded contracts.
The latest trading day saw Bit Digital, Inc. (BTBT) settling at $1.37, representing a -1.09% change from its previous close.