Bit Digital, Inc. (BTBT) ended the recent trading session at $3.95, demonstrating a +1.41% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 1.08% for the day. At the same time, the Dow added 0.32%, and the tech-heavy Nasdaq gained 1.58%.The company's stock has climbed by 47.35% in the past month, exceeding the Business Services sector's loss of 3.28% and the S&P 500's gain of 0.43%.Investors will be eagerly watching for the performance of Bit Digital, ...

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, Inc. (BTBT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned +45.9% over the past month versus the Zacks S&P 500 composite's +2.1% change. The Zacks Technology Services industry, to which Bit Digital belongs, has gained 2.4% over this period. Now the key question is: Where could the stock be headed in the near term?W ...

Loading...Loading...Bit Digital, Inc. BTBT, a company engaged in bitcoin mining and various digital asset activities, has recently shown signs of a significant bullish technical pattern known as the ‘Golden Cross.’Despite a challenging year with Bit Digital’s stock down 13.03% over the past year and 17.97% year-to-date, the recent technical indicators suggest a potential upside ahead.Chart created using Benzinga ProMoving Averages and Golden Cross:8-day SMA: BTBT share price is $3.48, above the 8-day simple ...

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 ...

The most recent trading session ended with Bit Digital, Inc. (BTBT) standing at $3.33, reflecting a -1.91% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.16% for the day. Meanwhile, the Dow gained 0.04%, and the Nasdaq, a tech-heavy index, added 0.49%.Prior to today's trading, shares of the company had gained 34.19% over the past month. This has outpaced the Business Services sector's gain of 1.2% and the S&P 500's gain of 3.22% in that time ...

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, ...

NEW YORK, June 25, 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 today that it has finalized an agreement to supply an existing customer with an additional 2,048 GPUs over a three-year term commencing upon deployment. With this agreement, the Company will supply this customer with a total of 4,096 GPUs for the respective three-year periods ...

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.Shares of this company have returned +8.6% over the past month versus the Zacks S&P 500 composite's +3.6% change. The Zacks Technology Services industry, to which Bit Digital belongs, has gained 4.6% over this period. Now the key question is: Where could the stock be headed in the near term?While media rele ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?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 ha ...