Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive has bureaus and studios in key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Group 2 - The company is focused on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4] - Automation and software tools, including generative AI, are used, but all content is edited and authored by humans [5]

Core Insights - Cryptocurrency concept stocks experienced a strong surge, with DeFi Development (DFDV.US) rising over 22%, BIT Mining (BTCM.US) increasing over 11%, and Bitmine Immersion Technologies (BMNR.US) up over 10% [1] - Bitcoin reached a price of $121,072.3, marking a 1.87% increase in the past 24 hours, while Ethereum rose to $4,700.73, reflecting a 7.9% increase in the same timeframe [1] Company Performance - DeFi Development (DFDV.US) saw a significant increase of over 22% [1] - BIT Mining (BTCM.US) experienced an increase of over 11% [1] - Bitmine Immersion Technologies (BMNR.US) rose by over 10% [1] - Bit Digital (BTBT.US) increased by nearly 6% [1] - SharpLink Gaming (SBET.US) saw an increase of over 4% [1] Market Trends - The overall cryptocurrency market showed positive momentum, with Bitcoin and Ethereum both experiencing notable price increases [1]

Group 1 - The core viewpoint of the article highlights the financial performance and stock movement of Bit Digital (BTBT), indicating a decline in revenue and net profit [1][2] - As of August 12, Bit Digital's stock price increased by 2.33% to $3.07 per share, with a trading volume of $30.902 million and a total market capitalization of $982 million [1] - Financial data shows that as of March 31, 2025, Bit Digital's total revenue was $25.1051 million, representing a year-over-year decrease of 17.38%, while the net profit attributable to shareholders was -$57.7116 million, a significant decline of 215.23% year-over-year [1] Group 2 - A major event reminder indicates that Bit Digital is scheduled to disclose its fiscal year 2025 mid-term report on August 18, with the actual disclosure date subject to the company's announcement [2] - Bit Digital operates as an online financial market or peer-to-peer lending company in China, providing short-term loans secured by borrowers' vehicles, with loan terms ranging from 30 to 540 days [2]

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Bit Digital, Inc. (BTBT) due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Company Summary - Bit Digital is expected to report a quarterly loss of $0.03 per share, reflecting a year-over-year change of -200% [3]. - Revenues are projected to be $25.35 million, down 12.4% from the same quarter last year [3]. - The consensus EPS estimate has been revised 50% lower in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Analysis - The Most Accurate Estimate for Bit Digital is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +20.00%, suggesting a bullish outlook from analysts [12]. - The stock currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [12]. - Historically, Bit Digital has only beaten consensus EPS estimates once in the last four quarters [14]. Industry Comparison - Coherent (COHR), another player in the Zacks Technology Services industry, is expected to report earnings per share of $0.93 for the same quarter, representing a year-over-year change of +52.5% [18]. - Coherent's revenues are expected to be $1.51 billion, up 15.2% from the previous year [18]. - The consensus EPS estimate for Coherent has been revised 3.8% higher in the last 30 days, with an Earnings ESP of +8.32% and a Zacks Rank of 1, indicating a strong likelihood of beating the consensus EPS estimate [19].

Group 1 - The core viewpoint of the article highlights a significant rise in the stock prices of companies related to Ethereum reserves on August 11, with BMNR increasing over 23% [1] - SBET saw an increase of over 13%, indicating strong market interest in Ethereum-related investments [1] - BTCT experienced a rise of over 7%, along with BTBT and Smart Chain Group, which also rose nearly 7%, reflecting a positive trend in the sector [1]

Group 1 - The stock price of Bit Digital (BTBT) increased by 5.52% on August 11, reaching $3.155 per share, with a trading volume of $17.53 million and a total market capitalization of $1.009 billion [1] - As of March 31, 2025, Bit Digital reported total revenue of $25.51 million, a year-over-year decrease of 17.38%, and a net loss attributable to shareholders of $57.71 million, a significant decline of 215.23% compared to the previous year [1] - Bit Digital is an online financial market or peer-to-peer lending company based in China, providing short-term loans secured by borrowers' vehicles, with loan terms ranging from 30 to 540 days [2] Group 2 - Bit Digital is scheduled to release its fiscal year 2025 interim report on August 18, with the actual disclosure date subject to the company's announcement [2]

Group 1 - The stock price of Bit Digital (BTBT) opened at $3.05 per share, with a trading volume of $8.48 million and a total market capitalization of $976 million as of August 11 [1] - For the fiscal year ending March 31, 2025, Bit Digital reported total revenue of $25.11 million, a year-over-year decrease of 17.38%, and a net loss attributable to shareholders of $57.71 million, a year-over-year increase of 215.23% [1] Group 2 - Bit Digital is an online financial market or peer-to-peer lending company based in China, providing short-term loans to borrowers, typically secured by their vehicles [2] - The company connects individual lenders with personal and small business borrowers through an online platform, with loan terms ranging from 30 to 540 days [2] - Bit Digital is currently operating exclusively in China [2]

NEW YORK, Aug. 11, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), in New York, announced today that it will release its Second Quarter 2025 results on Thursday, August 14, 2025, after the stock market closes. Senior management will host a live webcast and conference call to review on August 15, 2025, at 10:00 a.m. ET. To register for the earnings call, please click here. Additionally, participants can join the conference call by dialing 1-800-289-0462 (passcode: 4237 ...

Group 1 - The stock price of Bit Digital (BTBT) increased by 2.19% to $3.015 per share, with a trading volume of $88.39 million and a total market capitalization of $965 million as of August 9 [1] - As of March 31, 2025, Bit Digital reported total revenue of $25.51 million, a year-over-year decrease of 17.38%, and a net loss attributable to shareholders of $57.71 million, a year-over-year increase of 215.23% [1] Group 2 - Bit Digital is set to release its fiscal year 2025 mid-term report on August 18, with the actual disclosure date subject to company announcement [2] - The company operates as an online financial market or peer-to-peer lending platform in China, providing short-term loans secured by borrowers' vehicles, with loan terms ranging from 30 to 540 days [2]

Company Performance - Bit Digital, Inc. (BTBT) closed at $2.95, reflecting a -14.24% change from the previous day's closing price, underperforming the S&P 500's daily loss of 0.08% [1] - Prior to the recent trading session, the company's shares had decreased by 4.18%, lagging behind the Business Services sector's loss of 3.73% and the S&P 500's gain of 1.21% [1] Earnings Forecast - The upcoming earnings disclosure is expected to show an EPS of -$0.03, indicating a 200% decline compared to the same quarter last year [2] - Revenue is projected to be $25.35 million, down 12.44% from the prior-year quarter [2] - For the entire fiscal year, the Zacks Consensus Estimates predict an EPS of -$0.31 and revenue of $121.9 million, reflecting changes of -10.71% and +12.82% respectively from the previous year [3] Analyst Revisions and Rankings - Recent revisions to analyst forecasts for Bit Digital, Inc. are important as they reflect short-term business trends, with positive revisions indicating analyst optimism [4] - The Zacks Rank system, which includes estimate changes, currently ranks Bit Digital, Inc. at 3 (Hold) [6] - The Zacks Consensus EPS estimate has increased by 10.53% in the past month [6] Industry Context - The Technology Services industry, part of the Business Services sector, has a Zacks Industry Rank of 93, placing it in the top 38% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]