HC Wainwright Estimates Bit Digital Q4 Earnings

Bit Digital, Inc. (NASDAQ:BTBT - Free Report) - Research analysts at HC Wainwright issued their Q4 2025 earnings per share estimates for Bit Digital in a research report issued to clients and investors on Monday, March 17th. HC Wainwright analyst K. Dede expects that the company will earn ($0.01) per share for the quarter. HC Wainwright currently has a "Buy" rating and a $7.00 target price on the stock. The consensus estimate for Bit Digital's current full-year earnings is ($0.20) per share.

Bit Digital (NASDAQ:BTBT - Get Free Report) last released its quarterly earnings results on Friday, March 14th. The company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.07). Bit Digital had a negative net margin of 2.75% and a negative return on equity of 5.69%. The company had revenue of $26.10 million during the quarter, compared to analysts' expectations of $25.06 million. During the same period in the previous year, the company posted ($0.16) earnings per share.

Separately, Craig Hallum began coverage on Bit Digital in a research report on Tuesday, January 21st. They set a "buy" rating and a $6.00 target price for the company.

Bit Digital Price Performance

Shares of Bit Digital stock traded down $0.07 during trading hours on Tuesday, hitting $2.33. 13,105,224 shares of the company's stock traded hands, compared to its average volume of 12,826,442. Bit Digital has a 12-month low of $1.76 and a 12-month high of $5.74. The stock has a market capitalization of $357.68 million, a price-to-earnings ratio of 38.83 and a beta of 5.13. The company has a fifty day simple moving average of $2.90 and a 200-day simple moving average of $3.42.

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Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. OLD Mission Capital LLC bought a new position in shares of Bit Digital during the 4th quarter worth $31,000. Stifel Financial Corp bought a new position in Bit Digital in the 3rd quarter worth about $38,000. Cibc World Markets Corp bought a new position in Bit Digital in the 4th quarter worth about $33,000. Wedbush Securities Inc. bought a new position in Bit Digital in the 4th quarter worth about $37,000. Finally, Orion Portfolio Solutions LLC bought a new position in Bit Digital in the 4th quarter worth about $38,000. Institutional investors own 47.70% of the company's stock.

About Bit Digital

Bit Digital, Inc, together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications.