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]

Core Viewpoint - Bit Digital, Inc. is set to release its Second Quarter 2025 results on August 14, 2025, with a follow-up conference call on August 15, 2025, at 10:00 a.m. ET [1][2] Company Overview - Bit Digital is a publicly traded digital asset platform that focuses on Ethereum-native treasury and staking strategies, having started to accumulate and stake ETH in 2022 [3] - The company operates one of the largest institutional Ethereum staking infrastructures globally, offering advanced validator operations, institutional-grade custody, active protocol governance, and yield optimization [3] - Bit Digital aims to provide secure, scalable, and compliant access to on-chain yield through strategic partnerships within the Ethereum ecosystem [3]

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]

Group 1 - The core viewpoint of the article highlights the financial performance and stock movement of Bit Digital (BTBT), indicating a 5.42% increase in stock price to $3.627 per share, with a trading volume of $128 million and a total market capitalization of $1.16 billion [1] - As of March 31, 2025, Bit Digital reported total revenue of $25.1051 million, representing a year-over-year decrease of 17.38%, and a net loss attributable to shareholders of $57.7116 million, which is 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 - The company is scheduled to release its fiscal year 2025 mid-term report on August 18, with the actual disclosure date subject to the company's announcement [2] - Currently, Bit Digital operates solely in China, connecting individual lenders with personal and small business borrowers through its online platform [2]

Group 1 - The core viewpoint of the articles indicates that Bit Digital (BTBT) is experiencing a decline in revenue and net profit, with a significant drop in both metrics year-over-year [1][2]. - As of August 7, Bit Digital's stock opened at $3.51 per share, reflecting a 2.03% increase, with a total market capitalization of $1.123 billion [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 decline of 215.23% year-over-year [1]. Group 2 - Bit Digital is set to disclose its fiscal year 2025 mid-term report on August 18, with the actual disclosure date subject to company announcements [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 [2]. - Currently, Bit Digital's loan arrangements range from 30 days to 540 days, and it connects individual lenders with personal and small business borrowers exclusively within China [2].

Group 1 - The stock price of Bit Digital (BTBT) increased by 2.06% to $3.215 per share, with a trading volume of $27.99 million and a total market capitalization of $1.029 billion as of August 6 [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 scheduled 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]