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Is Trending Stock Bit Digital, Inc. (BTBT) a Buy Now?
ZACKS· 2024-11-28 15:05
Bit Digital, Inc. (BTBT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this company have returned +5%, compared to the Zacks S&P 500 composite's +3.8% change. During this period, the Zacks Technology Services industry, which Bit Digital falls in, has gained 29.3%. The key question now is: What could be the stock's future direction?While media rel ...
Bit Digital's revenue growth and $100M target explained – ICYMI
Proactiveinvestors NA· 2024-11-22 21:03
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 ...
Bit Digital(BTBT) - 2024 Q3 - Earnings Call Transcript
2024-11-18 22:24
Bit Digital, Inc. (NASDAQ:BTBT) Q3 2024 Earnings Conference Call November 18, 2024 10:00 AM ET Company Participants Cameron Schnier - Head of IR Sam Tabar - CEO Erke Huang - CFO Billy Krassakopoulos - CEO, Enovum Conference Call Participants Mike Grondahl - Northland Kevin Dede - H.C. Wainwright & Co. Brian Dobson - Clear Street Joshua Zoepfel - Noble Capital Operator Hello, and welcome to the Bit Digital Third Quarter 2024 Earnings Conference Call. Good morning, good afternoon, and good evening depending o ...
Bit Digital, Inc. (BTBT) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2024-11-18 16:00
Bit Digital, Inc. (BTBT) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -233.33%. A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced a loss of $0.01, delivering a surprise of 66.67%.Over the last four quarters, the company has surp ...
Bit Digital Q3 revenue surge driven by HPC expansion
Proactiveinvestors NA· 2024-11-18 14:49
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...
Bit Digital(BTBT) - 2024 Q3 - Quarterly Report
2024-11-18 13:00
Exhibit 99.1 Bit Digital, Inc. Announces Third Quarter of Fiscal Year 2024 Financial Results NEW YORK, November 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 Operational Highlights for the Third Quarter ...
Bit Digital, Inc. Announces Third Quarter of Fiscal Year 2024 Financial Results
Prnewswire· 2024-11-18 13:00
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 ...
Bit Digital: AI Plus Rising Bitcoin Prices (Q3 Preview)
Seeking Alpha· 2024-11-12 18:47
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 ...
Bit Digital, Inc. Announces Date for Third Quarter 2024 Financial Results and Conference Call
Prnewswire· 2024-11-11 21:30
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) Rises Higher Than Market: Key Facts
ZACKS· 2024-11-07 23:45
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 ...