Bit Digital
BTBT
About: Bit Digital Inc is engaged in the Bitcoin mining business, Ethereum staking activities and specialized cloud-infrastructure services for artificial intelligence applications through its wholly owned subsidiaries. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. The Company has four reportable segments: digital asset mining, cloud services, colocation services, and ETH Staking. It generates majority of its revenue from digital asset mining.
Employees: 54
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
134% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 29
104% more capital invested
Capital invested by funds: $128M [Q1] → $261M (+$133M) [Q2]
94% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 31
74% more call options, than puts
Call options by funds: $14.2M | Put options by funds: $8.16M
22.47% more ownership
Funds ownership: 34.53% [Q1] → 57.0% (+22.47%) [Q2]
18% more funds holding
Funds holding: 146 [Q1] → 173 (+27) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
|
HC Wainwright & Co.
Kevin Dede
|
$7
|
Buy
Reiterated
|
18 Aug 2025 |
Financial journalist opinion
Based on 8 articles about BTBT published over the past 30 days
