Bit Digital, Inc. (BTBT) closed at $2.23 in the latest trading session, marking a +0.45% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.02%. At the same time, the Dow lost 0.11%, and the tech-heavy Nasdaq gained 0.1%.The company's stock has dropped by 2.63% in the past month, exceeding the Business Services sector's loss of 5.08% and the S&P 500's loss of 3.01%.Investors will be eagerly watching for the performance of Bit Digital, Inc. in its upcoming earnings di ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Bit Digital, Inc. (BTBT) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Bit Digital currently has an aver ...

Stocks priced at under $5.0 are broadly seen as high-risk investments. But there still are a few hidden gems in them if you have limited capital and can stomach the risk.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Here is our list of top three penny stocks to buy in April. IQIYI Inc (NASDAQ: IQ) Copy link to section IQIYI makes up to our list top penny stocks to buy as it has close to quadrupled its operating income on a year-over-year basis.The C ...

Investors should keep their eyes on these best penny stocks to buy in April for substantial gains for the rest of the year. Penny stocks are more affordable than their higher-priced counterparts, allowing investors with limited capital to participate in the stock market and build a diversified portfolio.Another great thing is that these companies often have tiny market caps and cheap valuations, so the prospects of hitting a multi-bagger is perhaps the highest for these types of investments. Of course, the ...

NEW YORK, April 3, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York, announced its unaudited digital asset production and corporate updates for the month of March 2024. Corporate Highlights for March 2024 In March 2024, the Company produced 136.4 BTC, a 6% increase compared to the prior month. The Company's active hash rate was approximately 2.76 EH/s ...

Shares of Bit Digital (BTBT -5.27%) rose more than 10% this week after reporting its full-year 2023 earnings, according to data from S&P Global Market Intelligence. The cryptocurrency miner and now artificial intelligence (AI) company posted earnings for the fourth quarter. However, the business is still burning tons of cash and heavily diluting shareholders.Here's why shares of Bit Digital are rising, and what it means for investors.More cryptocurrency mining, and now AIBit Digital is a cryptocurrency mine ...

Bit Digital, Inc. (BTBT) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual ...

Bit Digital, Inc. (NASDAQ:BTBT) Q4 2023 Earnings Conference Call March 19, 2024 10:00 AM ET Company Participants Cameron Schnier - Head of IR Sam Tabar - CEO Erke Huang - CFO Conference Call Participants Mike Grondahl - Northland Securities Kevin Dede - H.C. Wainwright Edward Engel - Singular Research Alex Schmidt - CoinShares Operator Good morning, good afternoon, and good evening. Ladies and gentlemen, thank you for standing by. And welcome to the Bit Digital Fiscal Year 2023 Earnings Conference Call. [Op ...

Bit Digital, Inc. (BTBT) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.79 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 66.67%. A quarter ago, it was expected that this company would post a loss of $0.07 per share when it actually produced a loss of $0.03, delivering a surprise of 57.14%.Over the last four quarters, the company has surpas ...

Exhibit 99.1 Bit Digital, Inc. Announces Fiscal Year 2023 Financial Results NEW YORK, March 18, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York City, announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the U.S. Securities and Exchange Commission ("SEC") on March 18, 2024. Financial Highlights for the Fiscal Year 2023 ...