HC Wainwright Comments on Bit Digital Q4 Earnings

Bit Digital, Inc. (NASDAQ:BTBT) – 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.

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 price target on the stock.

Bit Digital Stock Down 1.2 %

Bit Digital stock opened at $2.41 on Tuesday. The business has a fifty day moving average of $2.99 and a two-hundred day moving average of $3.45. The firm has a market cap of $369.96 million, a P/E ratio of 40.17 and a beta of 5.13. Bit Digital has a twelve month low of $1.76 and a twelve month high of $5.74.

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

Institutional Investors Weigh In On Bit Digital

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. OLD Mission Capital LLC acquired a new stake in Bit Digital during the 4th quarter worth about $31,000. Cibc World Markets Corp purchased a new stake in shares of Bit Digital during the 4th quarter worth about $33,000. Wedbush Securities Inc. purchased a new stake in shares of Bit Digital during the 4th quarter worth about $37,000. Stifel Financial Corp purchased a new stake in shares of Bit Digital during the 3rd quarter worth about $38,000. Finally, Orion Portfolio Solutions LLC purchased a new stake in shares of Bit Digital during the 4th quarter worth about $38,000. 47.70% of the stock is owned by institutional investors and hedge funds.

Bit Digital Company Profile

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.