NEW YORK, Nov. 18, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York City, today announced its unaudited financial results for the Third Quarter ended September 30, 2024.Financial Highlights for the Third Quarter of 2024                Total revenue was $22.7 million for the Third Quarter of 2024, a 96% increase compared to the Third Quarter of 2023. The increas ...

As a tech-focused industry Research Analyst, I aim to provide differentiated insights, whether it is for investing, trading, or informational reasons. For this purpose, I am not a classical equity researcher from the financial sector, but, I come from the IT world as the Director of Keylogin InfoTech and my insights are based on my own experience investing for 25 years.Also, my research is often backed by analytics and I make frequent use of charts to support my position.Based on losses during the GFC, I am ...

NEW YORK, Nov. 11, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced today that it will release its Third Quarter 2024 results on Monday, November 18, 2024, before the stock market opens. Senior management will host a live webcast and conference call to review the results on Monday, November 18, 2024, at 10:00 a.m. ET.To register for ...

Bit Digital, Inc. (BTBT) closed at $4.14 in the latest trading session, marking a +0.98% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 0.74% for the day.Prior to today's trading, shares of the company had gained 37.12% over the past month. This has outpaced the Business Services sector's gain of 9.12% and the S&P 500's gain of 3.16% in that time.The investment community will be closely monitoring the performance of Bit Digital, Inc. in its forthcoming earnings report. O ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

NEW YORK, Nov. 6, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced its unaudited digital asset production, HPC services revenue, and corporate updates for the month of October 2024.Corporate Highlights for October 2024 The Company had 256 servers actively generating revenue from its initial Bit Digital AI contract, as of October 31, ...

The market expects Bit Digital, Inc. (BTBT) to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other h ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Bit Digital Inc (NASDAQ:BTBT) CEO Sam Tabar talked with Proactive about the company’s recent acquisition of Enovum Data Centers, a high-performance computing (HPC) facility operator based in Montreal. This acquisition marks a major step in Bit Digital’s strategic expansion, positioning it as a diversified player in data center operations, GPU cloud services, and digital assets. Proactive: Exciting news from the company. Enovum is a new company you have acquired. Tell me a little bit about this. Sam Tabar: C ...

The latest trading session saw Bit Digital, Inc. (BTBT) ending at $3.88, denoting a -0.26% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily loss of 0.02%. Meanwhile, the Dow experienced a rise of 0.38%, and the technology-dominated Nasdaq saw an increase of 0.04%. The company's stock has climbed by 35.54% in the past month, exceeding the Business Services sector's gain of 3.66% and the S&P 500's gain of 3.77%. The investment community will be closely monitoring t ...