Bit Digital Q3 EPS Forecast Decreased by Northland Capmk

Bit Digital, Inc. (NASDAQ:BTBT) – Investment analysts at Northland Capmk decreased their Q3 2025 earnings per share (EPS) estimates for Bit Digital in a research report issued on Monday, March 17th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings per share of ($0.01) for the quarter, down from their prior forecast of $0.01. The consensus estimate for Bit Digital’s current full-year earnings is ($0.20) per share. Northland Capmk also issued estimates for Bit Digital’s Q4 2025 earnings at $0.00 EPS.

Several other research firms also recently weighed in on BTBT. Craig Hallum initiated coverage on Bit Digital in a research report on Tuesday, January 21st. They set a “buy” rating and a $6.00 target price on the stock. HC Wainwright reiterated a “buy” rating and set a $7.00 target price on shares of Bit Digital in a research report on Monday.

Bit Digital Trading Down 1.2 %

NASDAQ BTBT opened at $2.41 on Tuesday. The business’s 50-day moving average price is $2.99 and its 200 day moving average price is $3.45. Bit Digital has a twelve month low of $1.76 and a twelve month high of $5.74. The company has a market capitalization of $369.96 million, a PE ratio of 40.17 and a beta of 5.13.

Bit Digital (NASDAQ:BTBT) last posted its quarterly earnings data 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 for the quarter, compared to analyst estimates of $25.06 million. During the same period in the previous year, the business earned ($0.16) EPS.

Hedge Funds Weigh In On Bit Digital

A number of large investors have recently modified their holdings of BTBT. Vident Advisory LLC raised its holdings in shares of Bit Digital by 56.2% in the 4th quarter. Vident Advisory LLC now owns 3,194,409 shares of the company’s stock worth $9,360,000 after purchasing an additional 1,149,727 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Bit Digital by 116.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,749,845 shares of the company’s stock worth $5,127,000 after purchasing an additional 943,214 shares during the period. Segall Bryant & Hamill LLC purchased a new stake in shares of Bit Digital during the 3rd quarter valued at about $1,222,000. Millennium Management LLC raised its holdings in shares of Bit Digital by 30.1% during the 4th quarter. Millennium Management LLC now owns 1,437,250 shares of the company’s stock valued at $4,211,000 after buying an additional 332,513 shares during the period. Finally, Jump Financial LLC purchased a new stake in shares of Bit Digital during the 4th quarter valued at about $887,000. 47.70% of the stock is currently owned by hedge funds and other institutional investors.

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.