Bit Digital, Inc

Bit Digital, Inc. operates as a bitcoin mining company. The firm focuses on its mining business located globally in Asia, Canada, and the United States. The company was founded in November 2015 and is headquartered in New York, NY.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Bit Digital reports stellar Q1 results, eyes expansion and margin growth

Bit Digital's Q1 performance reflects robust growth in revenue and profitability, driven by strong results in both Bitcoin mining and high-performance computing services. The company is strategically positioned to capitalize on opportunities for expansion and margin improvement while navigating challenges related to market volatility and operational efficiency.

Bit Digital posts stellar Q2 results, eyes growth amid challenges

Bit Digital's Q2 performance reflects robust revenue growth and operational efficiency, though profitability was impacted by digital asset valuation losses.
The company's financial strength, strategic partnerships, and focus on high-growth areas position it well for future expansion and value creation.
To capitalize on opportunities and address challenges, Bit Digital aims to optimize profitability, manage digital asset risks, and explore growth avenues.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Bit Digital, Inc. engages in the digital asset mining business and Ethereum staking activities. The company was founded in November 2015 and is headquartered in New York, NY.

NEW YORK, Sept. 30, 2021 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company" or "Bit Digital"), a Cayman Island exempted company, today announced that it has entered into a definitive agreement with institutional investors to purchase 13,490,728 ordinary shares in a private placement.

Bit Digital Announces $80 Million Private Placement

NEW YORK, Sept. 28, 2021 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a bitcoin mining company with one of the largest currently owned fleets among US-listed miners, today announced the appointment of Brock Pierce, Chairman of the Bitcoin Foundation, to its board of directors, effective October 31, 2021.

Bit Digital Appoints Brock Pierce to its Board of Directors

Coinbase

Marathon Digital Holdings

Riot Blockchain

Crypto stocks aren't doing so hot today and it's all thanks to recent news out of China concerning a ban on trading and mining. The post Crypto Stocks: Why RIOT, MARA, COIN and BTBT Are Falling Today appeared first on InvestorPlace.

Crypto Stocks: Why RIOT, MARA, COIN and BTBT Are Falling Today

Bit Digital Inc (NASDAQ:BTBT) is trading lower Friday in sympathy with the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). The crypto markets are declining after The People's Bank of China reiterated its anti-crypto stance and announced that Bitcoin and Ethereum cannot be used as legal tender.

Why Bitcoin-Related Stock Bit Digital Is Trading Lower Today

Robinhood

MicroStrategy Incorporated

China says bitcoin and ether cannot be used as currency in the world's second-largest economy, sending bitcoin and crypto-linked stocks lower.

Marathon Digital and other crypto-linked stocks drop after China declares cryptocurrency transactions illegal

H.C. Wainwright analyst Kevin Dede  initiated coverage of Bit Digital Inc (NASDAQ:BTBT) with a Buy rating and $14 price target, implying a 46% upside.  Dede notes that the company has transformed "from an obscure technology opportunist to a full-fledged, transparent, North American-based industrial bitcoin miner," Dede notes.

H.C. Wainwright Sees 46% Upside In Bit Digital - Read Why

For being one of the largest public cryptocurrency miners, Bit Digital is not as well known as some major players. Bit Digital's stock price has taken a beating from the China crackdown, where most of their operations used to be located.

Bit Digital: A Potential Buy As They Relocate To North America

NEW YORK, Sept. 16, 2021 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a bitcoin mining company headquartered in New York with one of the largest currently-owned fleets among US listed bitcoin miners, presented highlights of recent operations at HC Wainwright Investor Conference on September 13 to 15, 2021.

Bit Digital Presented Highlights of Recent Operations at HC Wainwright Investor Conference on September 13 to 15, 2021

Mastercard

PayPal

Cryptocurrencies are regaining popularity, as a rising number of corporations and financial institutions have adopted Bitcoin (BTC), making exposure to the digital currency is easier than ever.

Keep an Eye on These 5 Crypto-Adjacent Stocks

The skeptics might think that anything involving crypto is over-valued, but with BTBT stock, major hash power doesn't have to be pricey. The post Bit Digital Is a Surprisingly Strong Value Among Crypto Miners appeared first on InvestorPlace.

Bit Digital Is a Surprisingly Strong Value Among Crypto Miners

NEW YORK, Sept. 7, 2021 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital") and Blockfusion USA, Inc. ("Blockfusion") (together, the "Companies") are pleased to announce that the Companies have entered into a strategic co-mining agreement (the "Agreement").

Bit Digital and Blockfusion Announce 35 Megawatt Strategic Partnership

Bit Digital is navigating through a period of uncertainty following the Chinese Bitcoin crackdown. The company has provided an update on hashrate redeployment.

Bit Digital: This Bitcoin Miner Could Be A Hidden Gem

Maybe you're into ESG/green investing. Or, maybe you're in the market for a Bitcoin mining play.

Bit Digital Stock Is a Strong Value in the Crypto Space

NanoVibronix

Virpax Pharmaceuticals

Support.com

Cardiol Therapeutics

As we begin another week, here's a look at some of the best short squeeze stocks available to investors according to research from Fintel. The post Short Squeeze Stocks: VRPX, CRDL and 3 Others Experts Think Are Ready to Pop appeared first on InvestorPlace.

Short Squeeze Stocks: VRPX, CRDL and 3 Others Experts Think Are Ready to Pop

NEW YORK, Aug. 20, 2021 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a bitcoin mining company headquartered in New York, today announced its unaudited financial results for the second quarter ended June 30, 2021. Financial Highlights for the Second Quarter 2021 Revenue from bitcoin mining was $28.3 million.

Bit Digital, Inc. Announces Second Quarter of Fiscal Year 2021 Financial Results

Siemens Healthineers AG

AeroCentury

Creatd Inc

A new list from Fintel offers a look at a group of five tickers that analysts believe could be prime candidates for short squeeze stocks. The post Short Squeeze Stocks: BTBT, SPRT and 3 Others Experts Think Are Ready to Pop appeared first on InvestorPlace.

Short Squeeze Stocks: BTBT, SPRT and 3 Others Experts Think Are Ready to Pop

The stock price of Bit Digital Inc (NASDAQ: BTBT) increased by over 4% pre-market. This is why it happened.

BTBT Stock Price Increases Over 4% Pre-Market: Why It Happened

The stock price of Bit Digital Inc (NASDAQ: BTBT) increased by 21.04%. This is why it happened.

BTBT Stock Price Increased 21.04%: Why It Happened

Bitfarms Ltd

Promising news around a Bitcoin ETF has boosted cryptocurrencies, which in turn has helped other stocks in the crypto space.

Why Shares of Coinbase Global, Bit Digital, and Bitfarms All Rose Today

Hut 8 Mining Corp

Recent news sparks major rally with blockchain penny stocks, here's 3 you need to know about The post Blockchain Penny Stocks Are Heating Up, 3 Names to Know appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Blockchain Penny Stocks Are Heating Up, 3 Names to Know

NEW YORK, Aug. 5, 2021 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq:  BTBT ) ("Bit Digital" or the "Company"), a bitcoin mining company headquartered in New York with one of the largest currently-owned fleets among US listed bitcoin miners, was the focus of an in-depth video report by Bloomberg L.P. on its operations and efforts to utilize carbon neutral energy sources for mining.

Bit Digital Featured in Bloomberg In-Depth Video Report

Cryptocurrencies may be going mainstream.

Why Crypto Stocks Are Up Big Today

Bit Digital Inc. (NASDAQ:BTBT) shares are trading higher Monday, likely moving alongside Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). The cryptocurrency-related stock typically trades in sympathy with the rest of the cryptocurrency market.

Bit Digital Looks To Have Broken Out Of A Wedge Pattern

Canaan Inc.

Hive Blockchain Technologies Ltd

China Rapid Finance

Today, big news around taxation of the crypto industry has sent crypto mining stocks higher, as this headwind appears to have dissipated. The post Crypto Mining Stocks: Why CAN, HVBT, BTBT, SOS, MARA Stocks Are Gaining Today appeared first on InvestorPlace.

Crypto Mining Stocks: Why CAN, HVBT, BTBT, SOS, MARA Stocks Are Gaining Today

Uxin Ltd - ADR

Verb Technology Company Inc

Why Reddit traders are eyeing these 3 penny stocks right now The post Top Penny Stocks That Reddit Traders Are Watching Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

News for Bit Digital, Inc Stock (BTBT)