Bit Digital, Inc. (BTBT) Stock Drops Despite Market Gains: Important Facts to Note

In the latest trading session, Bit Digital, Inc. (BTBT) closed at $3.23, marking a -3.87% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.07% for the day. At the same time, the Dow lost 0.7%, and the tech-heavy Nasdaq gained 0.18%. Shares of the company have appreciated by 42.98% over the course of the past month, outperforming the Business Services sector's gain of 1.45%, and the S&P 500's gain of 5.71%.Analysts and investors alike will be keeping a close eye o ...