Bit Digital

BTBT

Market cap $573M

Bit Digital, Inc. (BTBT) closed the most recent trading day at $1.78, moving 1.66% from the previous trading session.

Bit Digital, Inc. (BTBT) concluded the recent trading session at $1.63, signifying a -4.68% move from its prior day's close.

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?

In the latest trading session, Bit Digital, Inc. (BTBT) closed at $1.71, marking a -2.84% move from the previous day.

Bit Digital Inc (NASDAQ:BTBT) has earned a repeat ‘Outperform' rating from Noble Capital analysts, who cited the company's transformation into a Strategic Asset Company (SAC) and its strong Ethereum treasury as key drivers for potential upside. The firm maintained a $5.50 price target, noting that shares currently trade roughly 14% below net asset value (NAV) at about $1.80.

Bit Digital Inc (NASDAQ:BTBT) has reported its January Ethereum treasury and staking metrics, including details on its crypto holdings and its equity stake in WhiteFiber. As of January 31, 2026, the company held approximately 155,239.4 ether.

NEW YORK, Feb. 6, 2026 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company") today announced its monthly Ethereum ("ETH") treasury and staking metrics for the month of January 2026: Key Highlights for January 2026 As of January 31, 2026, the Company held approximately 155,239.4[1] ETH. Based on a closing ETH price of approximately $2,449, as of January 31, 2026, the market value of the Company's ETH holdings was approximately $380.2 million.

BTBT is transitioning from volatile mining to high-margin AI infrastructure. Its $1.1B+ backlog and WhiteFiber subsidiary provide predictable, contractual revenue, driving a potential valuation rerating. Holding 150,000+ ETH makes BTBT a premier on-chain yield play. This shift toward staking rewards offers stable, institutional-grade cash flow that offsets legacy mining hardware risks. Success hinges on converting the HPC backlog into earnings, while execution delays or crypto bear markets remain primary risks.

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 Inc (NASDAQ:BTBT) CEO Sam Tabar talked with Proactive about the company's major strategic shift in 2025 and its positioning at the intersection of artificial intelligence and digital assets. Tabar detailed how Bit Digital exited the bitcoin mining business, sold its bitcoin holdings, and shifted focus to Ethereum and its high-performance computing (HPC) business.