| Bit Digital's Q1 Earnings Bolster The Bull Case |
Bit Digital is rapidly transitioning from digital mining to high-growth, high-margin cloud and AI services, with strong progress toward profitability. Technical analysis shows a compelling 10:1 risk/reward setup, with $1.70 as a clear stop and significant upside if momentum continues. The company's clean balance sheet, robust liquidity, and expanding data center capacity position it for substantial long-term upside. |
seekingalpha.com |
2025-05-16 14:03:11 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. (BTBT) Reports Q1 Loss, Lags Revenue Estimates |
Bit Digital, Inc. (BTBT) came out with a quarterly loss of $0.05 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.03 per share a year ago. |
zacks.com |
2025-05-16 00:06:04 |
Czytaj oryginał (ang.) |
| Bit Digital grows cloud services in Q1 amid strong demand for GPU infrastructure |
Bit Digital Inc (NASDAQ:BTBT) continued to grow its cloud services business in the first quarter, with cloud revenue surging 84% year-over-year to $14.8 million. Cloud revenue growth was driven by new GPU cloud service agreements and expanding partnerships, including deployments with DNA Fund and Boosteroid, the company said on Thursday. |
proactiveinvestors.com |
2025-05-15 20:26:17 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. Announces First Quarter of Fiscal Year 2025 Financial Results |
NEW YORK , May 15, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York City, today announced its financial results for the First Quarter of 2025. The Company will host a conference call on May 16, 2025, at 10:00 AM ET to discuss results (click here for registration information). |
prnewswire.com |
2025-05-15 20:01:00 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. (BTBT) Flat As Market Sinks: What You Should Know |
In the most recent trading session, Bit Digital, Inc. (BTBT) closed at $2.08, indicating no shift from the previous trading day. |
zacks.com |
2025-05-09 22:45:33 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. Announces Date for First Quarter 2025 Financial Results and Conference Call |
NEW YORK , May 8, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced today that it will release its First Quarter 2025 results on Thursday, May 15, 2025, after the stock market closes. Senior management will host a live webcast and conference call to review results on Friday, May 16, 2025, at 10:00 a.m. |
prnewswire.com |
2025-05-08 21:00:00 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. (BTBT) Exceeds Market Returns: Some Facts to Consider |
Bit Digital, Inc. (BTBT) closed the most recent trading day at $2.11, moving +1.93% from the previous trading session. |
zacks.com |
2025-05-02 22:50:36 |
Czytaj oryginał (ang.) |
| Is Most-Watched Stock Bit Digital, Inc. (BTBT) Worth Betting on Now? |
Zacks.com users have recently been watching Bit Digital (BTBT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. |
zacks.com |
2025-05-01 14:05:56 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. (BTBT) Outperforms Broader Market: What You Need to Know |
The latest trading day saw Bit Digital, Inc. (BTBT) settling at $2.11, representing a +0.96% change from its previous close. |
zacks.com |
2025-04-28 22:55:39 |
Czytaj oryginał (ang.) |
| Is Bit Digital (BTBT) a Buy as Wall Street Analysts Look Optimistic? |
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? |
zacks.com |
2025-04-18 14:35:41 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. (BTBT) is Attracting Investor Attention: Here is What You Should Know |
Zacks.com users have recently been watching Bit Digital (BTBT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. |
zacks.com |
2025-04-17 14:06:02 |
Czytaj oryginał (ang.) |
| Bit Digital-Cerebras deal signals strategic move up digital value chain, analysts say |
Bit Digital Inc (NASDAQ:BTBT)'s announcement that it has secured the rights to a new data center site in Saint-Jérôme, Québec, in support of its previously disclosed 5MW colocation agreement with generative AI infrastructure provider Cerebras Systems has been welcomed as a positive development by analysts at Noble Capital Markets. Bit Digital has secured a 202,000-square-foot facility on 7.7 acres under a 20-year lease-to-own deal with a fixed-price purchase option available within 12 months. |
proactiveinvestors.com |
2025-04-15 16:24:49 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. (BTBT) Flat As Market Gains: What You Should Know |
Bit Digital, Inc. (BTBT) closed the most recent trading day at $1.85, making no change from the previous trading session. |
zacks.com |
2025-04-14 22:56:11 |
Czytaj oryginał (ang.) |
| Bit Digital secures Québec site to support AI colocation deal with Cerebras |
Bit Digital Inc (NASDAQ:BTBT) said on Friday it has secured rights to a new data center site in Saint-Jérôme, Québec. The new location will support a previously announced 5MW colocation agreement with Cerebras Systems, a developer of generative AI infrastructure. |
proactiveinvestors.com |
2025-04-11 12:47:54 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. Secures Site for New Tier 3 Data Center to Support Cerebras Colocation Contract |
NEW YORK , April 11, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company") announced today that it has secured the rights to a new data center site in Saint-Jérôme, Québec ("MTL-3"), which is under development and will support the previously announced 5MW colocation agreement with Cerebras Systems ("Cerebras"), a leader in generative AI infrastructure. The facility spans approximately 202,000 square feet on 7.7 acres and is being developed to support current contracted capacity, with future expansion potential subject to utility approvals. |
prnewswire.com |
2025-04-11 12:00:00 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. (BTBT) Declines More Than Market: Some Information for Investors |
Bit Digital, Inc. (BTBT) reachead $2 at the closing of the latest trading day, reflecting a -0.74% change compared to its last close. |
zacks.com |
2025-04-07 22:55:38 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. (BTBT) Is a Trending Stock: Facts to Know Before Betting on It |
Bit Digital (BTBT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. |
zacks.com |
2025-04-03 14:05:54 |
Czytaj oryginał (ang.) |
| Why the Market Dipped But Bit Digital, Inc. (BTBT) Gained Today |
Bit Digital, Inc. (BTBT) closed at $2.27 in the latest trading session, marking a +0.89% move from the prior day. |
zacks.com |
2025-03-27 20:51:10 |
Czytaj oryginał (ang.) |
| Bit Digital's WhiteFiber and Shadeform launch global on-demand access to Nvidia B200 GPUs |
Bit Digital Inc (NASDAQ:BTBT) announced that its subsidiary WhiteFiber has struck a partnership with Shadeform, a multi-cloud GPU marketplace, to bring on-demand Nvidia B200 GPUs to customers worldwide, starting in April. WhiteFiber, known for its next-generation AI/ML-optimized GPU cloud infrastructure, will leverage Shadeform's expansive multi-cloud management capabilities and GPU marketplace to provide organizations and developers in over 100 regions with access to AI infrastructure. |
proactiveinvestors.com |
2025-03-20 12:05:04 |
Czytaj oryginał (ang.) |
| WhiteFiber and Shadeform Announce Strategic Partnership to deliver on-demand access to NVIDIA B200 GPUs |
NEW YORK , March 20, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced today that subsidiary WhiteFiber, a leading provider of high-performance GPU cloud infrastructure, and Shadeform, the premier multi-cloud GPU marketplace have entered a strategic partnership to bring on-demand NVIDIA B200 GPUs to customers beginning in April. This partnership combines WhiteFiber's next-generation AI/ML optimized GPU cloud with Shadeform's expansive, multi-cloud management capabilities, and GPU marketplace. |
prnewswire.com |
2025-03-20 11:00:00 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. (BTBT) Laps the Stock Market: Here's Why |
Bit Digital, Inc. (BTBT) closed at $2.45 in the latest trading session, marking a +1.66% move from the prior day. |
zacks.com |
2025-02-26 20:50:35 |
Czytaj oryginał (ang.) |
| Wall Street Bulls Look Optimistic About Bit Digital (BTBT): Should You Buy? |
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? |
zacks.com |
2025-02-24 12:35:54 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. (BTBT) Laps the Stock Market: Here's Why |
The latest trading day saw Bit Digital, Inc. (BTBT) settling at $3, representing a +0.67% change from its previous close. |
zacks.com |
2025-02-19 20:51:23 |
Czytaj oryginał (ang.) |
| Bit Digital CEO discusses AI data center deal and WhiteFiber rebrand - ICYMI |
Bit Digital Inc (NASDAQ:BTBT) CEO Sam Tabar joined Proactive to discuss the company's latest developments. He highlighted a major AI data center contract and the rebranding of its HPC business under the WhiteFiber brand. |
proactiveinvestors.com |
2025-02-15 12:45:14 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. (BTBT) Stock Falls Amid Market Uptick: What Investors Need to Know |
In the most recent trading session, Bit Digital, Inc. (BTBT) closed at $3.06, indicating a -0.97% shift from the previous trading day. |
zacks.com |
2025-02-10 20:55:28 |
Czytaj oryginał (ang.) |
| Bit Digital secures AI colocation deal through HPC business WhiteFiber |
Bit Digital Inc (NASDAQ:BTBT) announced it has signed a colocation agreement with a major AI hardware company through its rebranded high-performance computing (HPC) division WhiteFiber. The five-year contract covers 5 MW of built-to-suit data center infrastructure and will be fulfilled at a data center within WhiteFiber's Enovum Data Centers pipeline. |
proactiveinvestors.com |
2025-02-10 11:11:55 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. Secures New Multi-Year Colocation Agreement with a Leader in AI Hardware |
NEW YORK , Feb. 10, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company") announced today that it has secured a colocation contract with a leading AI hardware innovator. The agreement will be executed through WhiteFiber, Inc. ("WhiteFiber"), the Company's newly rebranded HPC business, which includes cloud services and its data center platform, Enovum Data Centers Corp. ("Enovum"). |
prnewswire.com |
2025-02-10 10:00:00 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. Announces Monthly Production Update for January 2025 |
NEW YORK , Feb. 7, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced its unaudited digital asset production, HPC services revenue, and corporate updates for the month of January 2025. Corporate Highlights for January 2025 The Company earned approximately $4.9 million of total unaudited HPC revenue[1] during the month of January 2025. |
prnewswire.com |
2025-02-07 19:00:00 |
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| Bit Digital rebrands HPC business to WhiteFiber |
Bit Digital Inc (NASDAQ:BTBT) announced that it has rebranded its high-performance computing (HPC) business, including its GPU cloud business, HPC data center business and Enovum Data Centers, as WhiteFiber. CEO Sam Tabar said the rebrand establishes a “distinct identity” for the company's HPC business. |
proactiveinvestors.com |
2025-02-06 11:16:11 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. Announces Strategic Rebranding of its HPC Business to WhiteFiber |
NEW YORK , Feb. 6, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company") announced today that it has officially rebranded its HPC business as WhiteFiber, Inc. ("WhiteFiber"). WhiteFiber encompasses the Company's GPU Cloud business and its HPC data center business, Enovum Data Centers ("Enovum"). |
prnewswire.com |
2025-02-06 10:00:00 |
Czytaj oryginał (ang.) |
| Why the Market Dipped But Bit Digital, Inc. (BTBT) Gained Today |
The latest trading day saw Bit Digital, Inc. (BTBT) settling at $3.18, representing a +0.95% change from its previous close. |
zacks.com |
2025-02-03 20:50:29 |
Czytaj oryginał (ang.) |
| Bit Digital Is A Buy On DeepSeek Weakness |
Bit Digital (BTBT) is near key support at $2.90, presenting a potential buying opportunity despite recent tech stock declines. The company's transition from Bitcoin mining to scalable computing models offers better margins and predictable results, along with rapid revenue growth. Bit Digital's strong balance sheet, with significant liquidity and no debt, supports its ambitious expansion plans in the data center business. |
seekingalpha.com |
2025-01-28 11:02:23 |
Czytaj oryginał (ang.) |
| Bit Digital strengthens anchor HPC client relationship with new GPU agreement |
Bit Digital Inc (NASDAQ:BTBT) has returned a repeat ‘Outperform' rating from Noble Capital Markets analysts after it announced a new agreement with its anchor customer in the GPU cloud part of its HPC business. The analysts see the new agreement as representing an expanded relationship between Bit Digital and its anchor client. |
proactiveinvestors.com |
2025-01-27 13:08:57 |
Czytaj oryginał (ang.) |
| Bit Digital strengthens GPU cloud business with new customer agreement |
Bit Digital Inc (NASDAQ:BTBT) has entered into a new agreement with a key customer to provide 464 Nvidia B200 GPUs. The arrangement replaces a previous agreement for 2,048 H100 GPUs, and the company said it remains in discussions with the customer regarding additional GPU contracts for 2025. |
proactiveinvestors.com |
2025-01-24 10:44:29 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. Secures New B200 GPU Contract with Key Customer |
NEW YORK , Jan. 24, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, today announced a new agreement with a key customer for 464 Nvidia B200 GPUs, expanding its GPU Cloud business. This new agreement replaces a prior agreement whereby the Company was to provide the customer with an incremental 2,048 H100 GPUs and the Company continues to explore additional GPU contracts with this customer for 2025. |
prnewswire.com |
2025-01-24 10:00:00 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. (BTBT) Rises Yet Lags Behind Market: Some Facts Worth Knowing |
In the most recent trading session, Bit Digital, Inc. (BTBT) closed at $3.70, indicating a +0.54% shift from the previous trading day. |
zacks.com |
2025-01-21 20:56:20 |
Czytaj oryginał (ang.) |
| Bit Digital achieves strong GPU cloud revenue, expands data center footprint in December |
Bit Digital Inc (NASDAQ:BTBT), which offers high-performance computing (HPC) infrastructure and digital asset production, has reported strong results for December 2024, including strong GPU Cloud revenue and progress in expanding its HPC data center footprint. The company said it had 266 servers, comprising 2,128 GPUs, actively generating revenue from its Bit Digital AI contracts. |
proactiveinvestors.com |
2025-01-08 12:18:09 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. Announces Monthly Production Update for December 2024 |
NEW YORK , Jan. 8, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced its unaudited digital asset production, HPC services revenue, and corporate updates for the month of December 2024. Corporate Highlights for December 2024 The Company had 266 servers (2,128 GPUs) actively generating revenue from its Bit Digital AI contracts, as of December 31, 2024. |
prnewswire.com |
2025-01-08 10:00:00 |
Czytaj oryginał (ang.) |
| Bit Digital completes transition to domestic issuer status in the US |
Bit Digital Inc (NASDAQ:BTBT) announced that it has transitioned to domestic issuer status from foreign private issuer status under US securities regulations. The company, a global leader in high-performance computing (HPC) infrastructure and digital asset production, said the transition marks a significant step in its growth trajectory, streamlining its regulatory compliance framework while reinforcing its commitment to shareholder trust. |
proactiveinvestors.com |
2025-01-06 11:07:04 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. Completes Transition from Foreign Private Issuer Status to Domestic Filer Status |
NEW YORK , Jan. 6, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced today that as of January 1, 2025, it officially transitioned to domestic issuer status under U.S. securities regulations. The change reflects the Company's commitment to transparency, operational growth, U.S. market expectations, and streamlines its regulatory compliance framework. |
prnewswire.com |
2025-01-06 10:00:00 |
Czytaj oryginał (ang.) |
| Bit Digital's prioritization of high-quality revenue opportunities praised by analysts |
Bit Digital Inc (NASDAQ:BTBT) has earned a repeat ‘Outperform' rating from analysts at Noble Capital Markets after the firm earlier this week announced the execution of a Master Services Agreement (MSA) with an AI Compute Fund managed by NDA Holdings Venture. The two-year contract provides for 576 Nvidia H200 GPUs, representing a total revenue opportunity of $20.2 million. |
proactiveinvestors.com |
2025-01-02 13:20:22 |
Czytaj oryginał (ang.) |
| Investors Heavily Search Bit Digital, Inc. (BTBT): Here is What You Need to Know |
Zacks.com users have recently been watching Bit Digital (BTBT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. |
zacks.com |
2025-01-02 12:01:22 |
Czytaj oryginał (ang.) |
| Bit Digital partners with AI Compute Fund on GPU deployment |
Bit Digital Inc (NASDAQ:BTBT) announced that it has signed a Master Services Agreement with a new client, the AI Compute Fund managed by DNA Holdings Venture Inc. The agreement includes the provision of 576 Nvidia H200 GPUs over a two-year term, representing a potential revenue of approximately $20.2 million. |
proactiveinvestors.com |
2024-12-31 10:43:02 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. Executes MSA for 576 H200 GPU Deal with DNA AI Compute Fund |
NEW YORK , Dec. 31, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced today that it has executed an MSA with a new client, an AI Compute Fund managed by DNA Holdings Venture Inc., which provides for 576 Nvidia H200 GPUs over a two-year term. The contract represents an aggregate revenue opportunity of approximately $20.2 million for Bit Digital and is expected to commence in February 2025. |
prnewswire.com |
2024-12-31 10:00:00 |
Czytaj oryginał (ang.) |
| Bit Digital expands data center footprint with 5MW Tier-3 facility in Montreal |
Bit Digital Inc (NASDAQ:BTBT) announced that it has acquired real estate and a building in Montreal, Canada, for a 5MW Tier-3 data center expansion project. The acquisition, valued at C$33.5 million (US$23.3 million), was finalized on December 27, 2024, and funded initially with cash on hand. |
proactiveinvestors.com |
2024-12-30 10:42:04 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. Acquires Another Metropolitan Site for Tier-3 Data Center Expansion |
NEW YORK , Dec. 30, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced today that is has acquired the real estate and building for a build-to-suit 5MW Tier-3 data center expansion project in Montreal, Canada. This acquisition is part of Bit Digital's strategy to expand its HPC data center footprint to 32MW during 2025. |
prnewswire.com |
2024-12-30 10:00:00 |
Czytaj oryginał (ang.) |
| Bit Digital poised for revenue expansion with new HPC agreements, digital asset momentum |
Analysts at Noble Capital have repeated their ‘Outperform' rating on Bit Digital Inc (NASDAQ:BTBT) following the release of its November production numbers, which showed the company had 266 servers active during the month and achieved approximately $4.3 million in GPU Cloud revenue. At its Enovum Data Center, the company had 13 customers actively generating revenue with colocation revenue of approximately $503,500, the analysts highlighted. |
proactiveinvestors.com |
2024-12-09 14:56:00 |
Czytaj oryginał (ang.) |
| Wall Street Analysts Think Bit Digital (BTBT) Is a Good Investment: Is It? |
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? |
zacks.com |
2024-12-09 12:31:14 |
Czytaj oryginał (ang.) |
| Bit Digital increases hash rate in November |
Bit Digital Inc (NASDAQ:BTBT) ended the month of November with 813 Bitcoin (BTC) and 27,563 Ethereum (ETH) valued at approximately $78.4 million and $102.1 million, respectively. According to the high-performance computing (HPC) infrastructure and digital asset production company's unaudited revenue figures for November 2024, New York-based Bit Digital generated approximately $4.3 million in GPU cloud revenue for the month, supported by 266 servers and 2,128 GPUs contracted under its Bit Digital AI agreements. |
proactiveinvestors.com |
2024-12-05 18:58:08 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. Announces Monthly Production Update for November 2024 |
NEW YORK , Dec. 5, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced its unaudited digital asset production, HPC services revenue, and corporate updates for the month of November 2024. Corporate Highlights for November 2024 The Company had 266 servers (2,128 GPUs) actively generating revenue from its Bit Digital AI contracts, as of November 30, 2024. |
prnewswire.com |
2024-12-05 18:30:00 |
Czytaj oryginał (ang.) |
| Is Trending Stock Bit Digital, Inc. (BTBT) a Buy Now? |
Zacks.com users have recently been watching Bit Digital (BTBT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. |
zacks.com |
2024-11-28 12:05:23 |
Czytaj oryginał (ang.) |
| Bit Digital's revenue growth and $100M target explained – ICYMI |
Bit Digital Inc (NASDAQ:BTBT) earlier this week highlighted significant growth in its Q3 2024 financial results, reporting a 96% increase in revenue. The company attributed this growth to the success of its high-performance computing (HPC) business, a new line launched earlier this year. |
proactiveinvestors.com |
2024-11-22 18:03:08 |
Czytaj oryginał (ang.) |
| Bit Digital (BTBT) Is Considered a Good Investment by Brokers: Is That True? |
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? |
zacks.com |
2024-11-21 12:35:29 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. (BTBT) Q3 2024 Earnings Call Transcript |
Bit Digital, Inc. (NASDAQ:BTBT ) Q3 2024 Earnings Conference Call November 18, 2024 10:00 AM ET Company Participants Cameron Schnier - Head of IR Sam Tabar - CEO Erke Huang - CFO Billy Krassakopoulos - CEO, Enovum Conference Call Participants Mike Grondahl - Northland Kevin Dede - H.C. Wainwright & Co. Brian Dobson - Clear Street Joshua Zoepfel - Noble Capital Operator Hello, and welcome to the Bit Digital Third Quarter 2024 Earnings Conference Call. |
seekingalpha.com |
2024-11-18 19:24:52 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. (BTBT) Reports Q3 Loss, Lags Revenue Estimates |
Bit Digital, Inc. (BTBT) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.03 per share a year ago. |
zacks.com |
2024-11-18 13:00:30 |
Czytaj oryginał (ang.) |
| Bit Digital Q3 revenue surge driven by HPC expansion |
Bit Digital Inc (NASDAQ:BTBT) reported a significant year-over-year increase in revenue for the third quarter driven by the expansion of its high-performance computing (HPC) business. Total revenue increased 96% to $22.7 million, with HPC contributing $12.2 million. |
proactiveinvestors.com |
2024-11-18 11:49:59 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. Announces Third Quarter of Fiscal Year 2024 Financial Results |
NEW YORK , Nov. 18, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) (the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York City, today announced its unaudited financial results for the Third Quarter ended September 30, 2024. Financial Highlights for the Third Quarter of 2024 Total revenue was $22.7 million for the Third Quarter of 2024, a 96% increase compared to the Third Quarter of 2023. |
prnewswire.com |
2024-11-18 10:00:00 |
Czytaj oryginał (ang.) |
| Bit Digital: AI Plus Rising Bitcoin Prices (Q3 Preview) |
Bit Digital's pivot to AI and HPC infrastructure has significantly boosted revenues, offsetting Bitcoin mining declines due to the halving event. The company maintains strong financial health with $59 million in cash reserves and minimal debt, despite share dilution from equity issuance for AI expansion. Q3 earnings will be crucial to assess AI revenue growth and its impact on overall profitability, especially amidst volatile Bitcoin prices. |
seekingalpha.com |
2024-11-12 15:47:27 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. Announces Date for Third Quarter 2024 Financial Results and Conference Call |
NEW YORK , Nov. 11, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced today that it will release its Third Quarter 2024 results on Monday, November 18, 2024, before the stock market opens. Senior management will host a live webcast and conference call to review the results on Monday, November 18, 2024, at 10:00 a.m. |
prnewswire.com |
2024-11-11 18:30:00 |
Czytaj oryginał (ang.) |
| Bit Digital, Inc. (BTBT) Rises Higher Than Market: Key Facts |
Bit Digital, Inc. (BTBT) closed the most recent trading day at $4.14, moving +0.98% from the previous trading session. |
zacks.com |
2024-11-07 20:45:48 |
Czytaj oryginał (ang.) |