NEW YORK, May 6, 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 its unaudited digital asset production and corporate updates for the month of April 2024. Corporate Highlights for April 2024 In April 2024, the Company produced 119.3 BTC, a 12.5% decrease compared to the prior month. The decrease relative to the prior month was predominantly ...

In the latest trading session, Bit Digital, Inc. (BTBT) closed at $2.01, marking a -1.23% move from the previous day. This change lagged the S&P 500's daily loss of 0.34%. Meanwhile, the Dow gained 0.23%, and the Nasdaq, a tech-heavy index, lost 0.33%.The company's stock has dropped by 17.28% in the past month, falling short of the Business Services sector's loss of 6.97% and the S&P 500's loss of 4.05%.The investment community will be paying close attention to the earnings performance of Bit Digital, Inc. ...

Many of yesterday’s meme stocks to buy, once the darlings of speculative traders, now languish as forgotten relics at the bottom of portfolios, their potential for massive gains long since diminished. This popular sentiment — “It’s only a loss if you sell” — might not hold much comfort anymore.Proving the truism less-than-true, many former top meme stocks like WeWork, Smile Direct Club and Bed Bath & Beyond have been delisted. A few holdouts remain, barely maintaining their status by hovering in penny stock ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Bit Digital, Inc. (BTBT) .Bit Digital currently has an average brokerage r ...

Bit Digital, Inc. (BTBT) closed at $2.23 in the latest trading session, marking a +0.45% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.02%. At the same time, the Dow lost 0.11%, and the tech-heavy Nasdaq gained 0.1%.The company's stock has dropped by 2.63% in the past month, exceeding the Business Services sector's loss of 5.08% and the S&P 500's loss of 3.01%.Investors will be eagerly watching for the performance of Bit Digital, Inc. in its upcoming earnings di ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?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 has an aver ...

Stocks priced at under $5.0 are broadly seen as high-risk investments. But there still are a few hidden gems in them if you have limited capital and can stomach the risk.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Here is our list of top three penny stocks to buy in April. IQIYI Inc (NASDAQ: IQ) Copy link to section IQIYI makes up to our list top penny stocks to buy as it has close to quadrupled its operating income on a year-over-year basis.The C ...

Investors should keep their eyes on these best penny stocks to buy in April for substantial gains for the rest of the year. Penny stocks are more affordable than their higher-priced counterparts, allowing investors with limited capital to participate in the stock market and build a diversified portfolio.Another great thing is that these companies often have tiny market caps and cheap valuations, so the prospects of hitting a multi-bagger is perhaps the highest for these types of investments. Of course, the ...

NEW YORK, April 3, 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 its unaudited digital asset production and corporate updates for the month of March 2024. Corporate Highlights for March 2024 In March 2024, the Company produced 136.4 BTC, a 6% increase compared to the prior month. The Company's active hash rate was approximately 2.76 EH/s ...

Shares of Bit Digital (BTBT -5.27%) rose more than 10% this week after reporting its full-year 2023 earnings, according to data from S&P Global Market Intelligence. The cryptocurrency miner and now artificial intelligence (AI) company posted earnings for the fourth quarter. However, the business is still burning tons of cash and heavily diluting shareholders.Here's why shares of Bit Digital are rising, and what it means for investors.More cryptocurrency mining, and now AIBit Digital is a cryptocurrency mine ...