BIT DIGITAL INC (BTBT)
Information Technology · Blockchain infrastructure and AI compute data centers · NASDAQ
Bit Digital is a strategic asset company transitioning into a pure-play Ethereum staking and treasury firm while maintaining exposure to AI-driven high-performance computing through its majority-owned subsidiary, WhiteFiber.
What BIT DIGITAL INC does
Bit Digital is a strategic asset company focused on Ethereum-native treasury and staking operations, aiming to generate protocol-native yield. Through its majority-owned subsidiary WhiteFiber, the company also operates a high-performance computing (HPC) and cloud services business, which provides infrastructure for AI applications and data center services. The company is currently undergoing a strategic transition to prioritize ETH staking and treasury activities while winding down its legacy digital asset mining operations.
Themes: Ethereum staking / proof-of-stake, Blockchain treasury / digital assets, AI infrastructure / GPU compute, High-performance computing (HPC) data centers, Cryptocurrency mining
Fundamentals
- Price$1.53 as of 2026-08-21 close
- Market cap$552M as of 2026-08-21
- 1-year return-43.8% 2025-08-21 close $2.72 → 2026-08-21 close $1.53
- P/En/a negative earnings
- Net margin-145.4% as of 2026-08-24
- Gross margin+55.5% as of 2026-08-24
- ROE-24.8% as of 2026-08-24
- Debt / equity0.71 as of 2026-08-24
- Revenue growth (YoY)+13.1% as of 2026-08-24
- Revenue CAGR (3y)+52.1% SEC XBRL
- Beta3.91 as of 2026-08-24
- Last reported earnings2026-08-13 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +0.2%; pays a dividend.
How BTBT compares in its sector
- net profit marginbottom 10% 405 covered Information Technology peers, as of 2026-08-24
- operating marginbottom 10% 405 covered Information Technology peers, as of 2026-08-24
- gross marginmiddle range 403 covered Information Technology peers, as of 2026-08-24
- return on equitybottom 25% 405 covered Information Technology peers, as of 2026-08-24
- 3-year revenue CAGRtop 10% 386 covered Information Technology peers
- indicated dividend yieldbottom 10% 107 covered Information Technology peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)bottom 10% 382 covered Information Technology peers, as of FY2025
Position among covered Information Technology companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Not assessable from available data. BTBT paid a dividend in FY2025, but coverage cannot be assessed from the available data (non_positive_net_income, non_positive_free_cash_flow).
- Earnings payoutnot assessable earnings were not positive that year
- Free-cash-flow payoutnot assessable free cash flow was not positive that year
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How BIT DIGITAL INC looks technically
BIT DIGITAL INC (BTBT) is trading 19.7% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 157 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 19, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 52, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 5 trading days ago. It is 66.4% below its highest point of the past year. Trading volume is running unusually high — about 2.3× its 30-day average, a sign of heightened interest.
Trend
7
| Distance from the 200-day | it is trading 19.7% below its 200-day average, the long-term trend line — a long-term downtrend | -19.7% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $1.62 | $1.62 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $1.91 | $1.91 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 23 calendar days ago — the swings before that are what the structure reading is measured on | 23 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 157 trading days ago — a "death cross", a bearish long-term signal | 157 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 19, below the 25 that marks a real trend) | 19.0 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 52, neither overbought (above 70) nor oversold (below 30) | 51.8 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($1.21 to $1.74) — its "stochastic" reading is 61 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 61.0 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 14 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $4.55 | $4.55 |
|---|---|---|
| From the 52-week high | it is 66.4% below its 52-week high (its highest price of the past year) | -66.4% |
| Above the 52-week low | it is 29.7% above its 52-week low (its lowest price of the past year) | +29.7% |
| Below the 52-week high | it is 66.4% below its highest point of the past year | 66.4% |
| Since a 20-day breakout | it made a new 20-day high about 5 trading days ago | 5 sessions |
| Since a 55-day breakout | it made a new 55-day low about 18 trading days ago | 18 sessions |
| All-time high | its highest closing price on record is $33.00 (set on 2021-01-04) | $33.00 |
| Given back of the 52-week move | over the past year its closes ranged ($1.21 to $4.22), and it has recovered only a small part of its fall from last year’s high — 11% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $3.07 to $3.17. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 10.6% |
| From the all-time high | it is 95.4% below its all-time high | -95.4% |
| Nearest price level | it is trading 3.3% below a resistance level at $1.58 — a price it turned at twice since 2026-02-19, most recently on 2026-06-05. Since 2024-08-21 it has 0 such levels below the current price and 13 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +3.3% |
| All-time low | its lowest closing price on record is $0.28 (set on 2020-03-25) | $0.28 |
| Above the all-time low | it is 446.4% above its all-time low | +446.4% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 73% of it) | 27th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.1513 between its high and its low — about 9.9% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.1513 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $1.21 and $1.62 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $1.21 – $1.41 – $1.62 |
| Typical daily range (% of price) | its price moves about 9.9% in a typical session — among the most volatile in the catalog. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 9.9% |
| Stretch from the 200-day average | it is trading 2.5 daily ranges below its 200-day average price (19.7% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 2.5 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is running unusually high — about 2.3× its 30-day average, a sign of heightened interest | 2.25× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
2
| Since a doji | 2 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 2 sessions ago |
|---|---|---|
| Since a hammer | 2 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 2 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-08-21 4.1% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +4.1% |
|---|---|---|
| Open gap | it gapped 3.9% above the previous close 1 session ago and has not traded back through the level it left behind at 1.4 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +3.9% |
| Gap filled | a 4.1% gap up opened on 2026-08-21 has been "filled" today — price traded back through the level the gap left behind, and it closed again during the very session that opened it | today |
Price streaks
1
| Closing streak | it closed lower in its latest session, after a session that did not close lower — a single down day rather than a run | 1 session down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 5.5 percentage points (the stock lost 3.2% while the market gained 2.3%) | -5.5% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 24.2 percentage points (the stock lost 21.1% while the market gained 3.1%) | -24.2% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 17.8 percentage points (the stock lost 6.7% while the market gained 11.1%) | -17.8% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 64.2 percentage points (the stock lost 43.8% while the market gained 20.5%) | -64.2% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: MACD momentum is positive — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 14% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 8.5% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -14.0% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 14% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $1.78 — a volume-weighted average of daily closes over 155 sessions, not a true tick-by-tick VWAP. | -14.2% |
|---|
Price levels it has turned at before
BTBT last closed at $1.53 on 2026-08-21. Since 2024-08-21 it has turned at 0 prices below its last close and 13 above; the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $1.58 | Resistance | 3.3% above the last close | turned there twice · 2026-02-19 to 2026-06-05 |
| $1.75 | Resistance | 14.4% above the last close | turned there twice · 2026-04-22 to 2026-07-14 |
| $1.87 | Resistance | 22.2% above the last close | turned there twice · 2025-06-26 to 2025-12-31 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · Unusually heavy trading volume · trendless / choppy (low ADX) · lagging the market · Gapped up at the open (3%+) | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low · volume and relative volume
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.00 mean, 1=Strong Buy…5=Strong Sell) — 4 analysts
- Mean price target$4.13 range $3.50 – $5.50; median $3.75
Analyst estimates, as of 2026-08-18. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Key risks (from latest filing)
["Significant volatility and regulatory uncertainty surrounding digital asset markets and Ethereum staking rewards.","Dependency on the successful execution of the strategic transition from bitcoin mining to an ETH-focused treasury model.","Potential for material impairment of digital asset holdings and goodwill."]
What changed in the latest 10-Q
AI-assisted comparison of BTBT's 10-Q filed 2026-05-15 against the prior one filed 2025-11-14.
Management's Discussion & Analysis (MD&A)
The two filings could not be meaningfully compared for this section.
Risk Factors
- Added:
- Added new risk factor disclosure regarding armed conflict between U.S. and allies with Iran, de facto closure of Strait of Hormuz, and disruption of Red Sea trade routes affecting global oil markets and supply chain (filed 2026-05-15)
- Added disclosure that Board adopted Amended and Restated Insider Trading Policy on May 13, 2026, broadening scope to all employees rather than just directors and officers (filed 2026-05-15)
- Added Exhibit 19.1 (Insider Trading Policy) to exhibits list (filed 2026-05-15)
- Added Item 5 disclosure regarding Rule 10b5-1 trading arrangements for three months ended March 31, 2026 (filed 2026-05-15)
- Added investment description sections for Digital Future Alliance Limited (DFA) and Nine Blocks Offshore Feeder Fund (filed 2026-05-15)
- Removed:
- Removed reference to Form 10-K for year ended December 31, 2024 and replaced with reference to Form 10-K for year ended December 31, 2025 (filed 2026-05-15 vs 2025-11-14)
- Removed entire 'Speculative and Volatile Nature of ETH' risk factor section that was present in older filing (filed 2025-11-14)
- Removed entire 'Risks Related to WhiteFiber's Cloud Services and Data Center Operations' risk factor section including subsections on early stage development, competition, and expansion challenges (filed 2025-11-14)
- Removed reference language clarifying that 'WhiteFiber' references in certain risk factor headings refer to WhiteFiber, Inc. and its consolidated subsidiaries (filed 2025-11-14)
- Reworded:
- Changed opening statement from referencing 'Item 1A of our Form 10-K for the year ended December 31, 2024' to 'Item 1A to PART 1 of Form 10-K' and 'Annual Report on Form 10-K for the year-ended December 31, 2025' (filed 2026-05-15)
- Added clarification that geopolitical risk disclosure includes 'recent armed conflict between the U.S. and its allies and Iran' with specific impacts on Strait of Hormuz and Red Sea shipping disruptions (filed 2026-05-15)
- Notes:
- The older filing (2025-11-14) and newer filing (2026-05-15) appear to cover different fiscal quarters and contain substantially different content structures; the Risk Factors section was significantly revised
- The section provided from the newer filing includes Items 1A through 6 and signatures, while the older filing excerpt focuses primarily on Risk Factors; comparison is limited to the Risk Factors section (Item 1A) and overlapping content
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days.
Most recent open-market transaction: 2025-11-21. As of 2026-08-25.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about BTBT's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
BTBT had 63,392,510 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
BTBT had 17.6% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.53 days to cover at the same settlement.
- Reported short interest (shares) 63,392,510
- Short interest (% of shares outstanding) 17.6%
- Prior settlement (shares) 56,178,353
- Reported change 12.84%
- Days to cover (reported) 2.53
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Marathon Digital Holdings (MARA)
- Riot Platforms (RIOT)
- CleanSpark (CLSK)
- Core Scientific (CORZ)
- Hut 8 (HUT)
- Coinbase (COIN)
- TeraWulf (WULF)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare BTBT vs…
Frequently asked questions
What does BIT DIGITAL INC (BTBT) do?
Bit Digital is a strategic asset company focused on Ethereum-native treasury and staking operations, aiming to generate protocol-native yield. Through its majority-owned subsidiary WhiteFiber, the company also operates a high-performance computing (HPC) and cloud services business, which provides infrastructure for AI applications and data center services.
What sector is BIT DIGITAL INC (BTBT) in?
BIT DIGITAL INC (BTBT) is classified in the Information Technology sector. Its industry is Blockchain infrastructure and AI compute data centers. It trades on NASDAQ.
Does BTBT pay a dividend?
Yes — BIT DIGITAL INC (BTBT) pays a dividend, with an indicated yield of about 0.15% (market data, as of 2026-08-24). Informational only — not financial advice.
Who are BIT DIGITAL INC's (BTBT) competitors?
Notable peers of BIT DIGITAL INC (BTBT) include Marathon Digital Holdings, Riot Platforms, CleanSpark, Core Scientific and Hut 8. This peer set is informational only — not financial advice.
Is BIT DIGITAL INC (BTBT) overbought or oversold right now?
BIT DIGITAL INC (BTBT) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 52, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on BTBT come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.