Bit Digital, Inc. (BTBT) closed the most recent trading day at $2.03, moving 3.79% from the previous trading session.
In the latest trading session, Bit Digital, Inc. (BTBT) closed at $2.08, marking a -1.42% move from the previous 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.
Bit Digital Inc (NASDAQ:BTBT) strengthened its Ethereum (ETH) treasury and staking operations in December 2025 as it continued to sharpen its focus on digital asset growth. By the end of 2025, the company held approximately 155,227 ETH, valued at roughly $460.5 million based on a closing ETH price of $2,967.
Bit Digital Inc (NASDAQ:BTBT) announced that it has appointed Amanda Cassatt, founder and CEO of blockchain services firm Serotonin, to its board of directors. Cassatt also previously served as chief marketing officer at Consensys, an Ethereum software company, where she worked on market positioning and ecosystem development related to Ethereum and its associated technologies.
Bit Digital Inc (NASDAQ:BTBT) is positioned for significant upside, according to Noble Capital Markets analysts, who maintained an ‘Outperform' rating with a $5.50 price target, well above current levels of about $2.20, after the firm reported its November Ethereum metrics. The company held approximately 154,398.7 ETH as of November 30, up from 153,547 ETH at the end of October.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Bit Digital posted solid Q3 results with $30.5M revenue, $146.7M net income, and a notable earnings beat driven by digital asset appreciation. BTBT's investment thesis now centers on its Ethereum treasury strategy and WhiteFiber AI hosting pivot, as Bitcoin mining operations was further wound down in Q3. The lack of a major AI hosting contract announcement for WhiteFiber has muted market enthusiasm, despite solid GPU assets and ongoing capacity expansion.
Analysts at Noble Capital Markets have repeated their ‘Outperform' rating on Bit Digital Inc (NASDAQ:BTBT) following its latest quarterly results, which marked the company's first full reporting period as an Ethereum (ETH)-focused treasury and staking operation. Their price target of $5.50 implies upside of about 140% from current levels.
Bit Digital Inc (NASDAQ:BTBT) reported third quarter 2025 revenue that rose 33% year over year to $30.5 million, driven primarily by growth in its WhiteFiber business lines and from higher revenue from Ethereum (ETH) staking. The digital asset platform also swung to a profit for the period of $146.7 million, or $0.47 per diluted share, compared with a net loss of $38.8 million, or $0.26 per diluted share, a year earlier.
Bit Digital, Inc. (BTBT) closed the most recent trading day at $3.04, moving 3.18% from the previous trading session.
Noble Capital Markets analysts have repeated their ‘Outperform' rating on Bit Digital Inc (NASDAQ:BTBT) following the company's monthly update, citing its growing Ethereum holdings and potential upside from its WhiteFiber stake. The firm also maintained its $5.50 price target, which implies upside of about 75% from Bit Digital's share price at their time of writing.