Bit Digital, Inc. (BTBT) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual ...

Bit Digital, Inc. (NASDAQ:BTBT) Q4 2023 Earnings Conference Call March 19, 2024 10:00 AM ET Company Participants Cameron Schnier - Head of IR Sam Tabar - CEO Erke Huang - CFO Conference Call Participants Mike Grondahl - Northland Securities Kevin Dede - H.C. Wainwright Edward Engel - Singular Research Alex Schmidt - CoinShares Operator Good morning, good afternoon, and good evening. Ladies and gentlemen, thank you for standing by. And welcome to the Bit Digital Fiscal Year 2023 Earnings Conference Call. [Op ...

Bit Digital, Inc. (BTBT) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.79 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 66.67%. A quarter ago, it was expected that this company would post a loss of $0.07 per share when it actually produced a loss of $0.03, delivering a surprise of 57.14%.Over the last four quarters, the company has surpas ...

Exhibit 99.1 Bit Digital, Inc. Announces Fiscal Year 2023 Financial Results NEW YORK, March 18, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York City, announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the U.S. Securities and Exchange Commission ("SEC") on March 18, 2024. Financial Highlights for the Fiscal Year 2023 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________. OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION ...

NEW YORK, March 18, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York City, announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission ("SEC") on March 18, 2024. Financial Highlights for the Fiscal Year 2023 Total revenue for fiscal year 2023 was $44.9 million, a 39% increase compar ...

Key PointsBitcoin miners stopped rising with spot bitcoin prices around February 28, 2024.The negative correlation continues through March 2024.The bitcoin halving will reduce reward payouts to bitcoin miners from 6.25 BTC per block to 3.125 BTC.5 stocks we like better than Marathon DigitalPrior to the approval of the spot bitcoin ETFs like iShares Bitcoin Trust NASDAQ: IBIT, traders would trade the Bitcoin miners and the cryptocurrency exchanges like Coinbase Global Inc. NASDAQ: COIN to benefit from the ri ...

NEW YORK, March 13, 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 will release its fiscal year 2023 results on Monday, March 18, 2024, after the stock market closes. Senior management will host a live webcast and conference call to review the results on Tuesday, March 19, 2024, at 10 a.m. ET. To register for the earnings call ...

Crypto mining firms like Bit Digital (NASDAQ:BTBT) typically have a positive correlation with the underlying coins. After all, they help feed the supply of various popular virtual currencies. With the digital asset market being as red hot as it is, BTBT stock would seem to be a compelling (albeit speculative) investment.However, while dozens of individual cryptos have soared to stunning – and in some cases record – heights, Bit Digital has suffered. Since the beginning of the year, BTBT stock has fallen mor ...

NEW YORK, March 5, 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 February 2024.  Corporate Highlights for February 2024 In February 2024, the Company produced 128.7 BTC, an 11.7% decrease compared to the prior month. The Company's active hash rate was approximat ...