BTBT Logo

BTBT Stock Forecast: Bit Digital, Inc. Price Predictions for 2026

Home โ€บ Stocks โ€บ United States | NASDAQ | Financial Services | Capital Markets

$1.93

+0.19 (10.92%)

BTBT Stock Forecast 2026-2027

$1.93
Current Price
$677.43M
Market Cap
5 Ratings
Buy 5
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to BTBT Price Targets

+262.7%
To High Target of $7.00
+107.3%
To Median Target of $4.00
+55.4%
To Low Target of $3.00

BTBT Price Momentum

+9.7%
1 Week Change
+7.2%
1 Month Change
-26.3%
1 Year Change
+2.1%
Year-to-Date Change
-57.6%
From 52W High of $4.55
+54.4%
From 52W Low of $1.25
๐Ÿ“Š TOP ANALYST CALLS

Did BTBT Make This Month's Elite Buy List?

We don't follow just any analyst โ€” only the top 3% with a proven track record make our cut. See if Bit Digital is one of their latest high-conviction picks.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Latest BTBT Stock Price Targets & Analyst Predictions

Based on our analysis of 3 Wall Street analysts, BTBT has a bullish consensus with a median price target of $4.00 (ranging from $3.00 to $7.00). The overall analyst rating is Strong Buy (10.0/10). Currently trading at $1.93, the median forecast implies a 107.3% upside. This outlook is supported by 5 Buy, 0 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Kevin Dede at HC Wainwright & Co., projecting a 262.7% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

BTBT Analyst Ratings

5
Buy
0
Hold
0
Sell

BTBT Price Target Range

Low
$3.00
Average
$4.00
High
$7.00
Current: $1.93

Latest BTBT Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for BTBT.

Date Firm Analyst Rating Change Price Target
Apr 2, 2026 B. Riley Securities Nick Giles Buy Maintains $5.00
Apr 2, 2026 HC Wainwright & Co. Kevin Dede Buy Reiterates $7.00
Nov 17, 2025 HC Wainwright & Co. Buy Reiterates $N/A
Aug 18, 2025 HC Wainwright & Co. Buy Reiterates $N/A
Jun 26, 2025 HC Wainwright & Co. Buy Reiterates $N/A
May 19, 2025 HC Wainwright & Co. Buy Reiterates $N/A
Apr 21, 2025 HC Wainwright & Co. Buy Reiterates $N/A
Mar 17, 2025 HC Wainwright & Co. Buy Reiterates $N/A
Jan 21, 2025 Craig-Hallum Buy Initiates $N/A
Nov 19, 2024 HC Wainwright & Co. Buy Reiterates $N/A
Oct 24, 2024 B. Riley Securities Buy Initiates $N/A
Oct 16, 2024 HC Wainwright & Co. Kevin Dede Buy Maintains $7.00
Aug 21, 2024 HC Wainwright & Co. Buy Reiterates $N/A
Jul 12, 2024 HC Wainwright & Co. Buy Reiterates $N/A
Jul 1, 2024 HC Wainwright & Co. Buy Maintains $N/A
May 17, 2024 HC Wainwright & Co. Buy Reiterates $N/A
Mar 20, 2024 HC Wainwright & Co. Buy Reiterates $N/A
Feb 13, 2024 Northland Capital Markets Outperform Initiates $N/A
Dec 4, 2023 HC Wainwright & Co. Buy Maintains $N/A
Aug 17, 2023 HC Wainwright & Co. Buy Reiterates $N/A

Bit Digital, Inc. (BTBT) Competitors

The following stocks are similar to Bit Digital based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Bit Digital, Inc. (BTBT) Financial Data

Bit Digital, Inc. has a market capitalization of $677.43M with a P/E ratio of 2.0x. The company generates $114.78M in trailing twelve-month revenue with a -147.5% profit margin.

Revenue growth is +10.9% quarter-over-quarter, while maintaining an operating margin of -520.3% and return on equity of -34.6%.

Valuation Metrics

Market Cap $677.43M
Enterprise Value $1.04B
P/E Ratio 2.0x
PEG Ratio 0.0x
Price/Sales 6.1x

Growth & Margins

Revenue Growth (YoY) +10.9%
Gross Margin +56.7%
Operating Margin -520.3%
Net Margin -147.5%
EPS Growth +11.2%

Financial Health

Cash/Price Ratio +11.8%
Current Ratio 6.4x
Debt/Equity 59.8x
ROE -34.6%
ROA -13.8%
๐Ÿ’ก SKIP THE NOISE

97% of Analyst Ratings Go Nowhere

We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ€” tracked and updated every Monday and Thursday.

Join 5,000+ investors getting our data-driven analysis. Unsubscribe anytime.

Bit Digital, Inc. logo

Bit Digital, Inc. (BTBT) Business Model

About Bit Digital, Inc.

What They Do

Provides digital infrastructure and financial technology services.

Business Model

The company generates revenue through digital asset mining, cloud services, colocation services, and Ethereum staking. It primarily mines bitcoin and participates in Ethereum staking for rewards, while also offering specialized cloud infrastructure for AI and machine learning developers.

Additional Information

Founded in 2015 and headquartered in New York City, Bit Digital is strategically positioned at the intersection of digital assets and high-performance computing, catering to data-intensive workloads and supporting third-party operators with its colocation services.

Company Information

Sector

Financial Services

Industry

Capital Markets

Employees

104

CEO

Country

United States

IPO Year

2018

Bit Digital, Inc. (BTBT) Latest News & Analysis

Latest News

BTBT stock latest news image
Quick Summary

Bit Digital (BTBT) is gaining attention among Zacks.com users, indicating potential investor interest that may influence its stock prospects.

Why It Matters

Increased interest in Bit Digital (BTBT) among Zacks.com users may indicate potential volatility or upcoming opportunities, affecting stock performance and investor sentiment.

Source: Zacks Investment Research
Market Sentiment: Positive
BTBT stock latest news image
Quick Summary

Analyst recommendations from brokerage firms can impact stock prices and influence investor decisions on buying, selling, or holding stocks.

Why It Matters

Analyst recommendations can significantly sway stock prices, impacting investor sentiment and trading decisions, thus affecting market trends and individual portfolio performance.

Source: Zacks Investment Research
Market Sentiment: Positive
BTBT stock latest news image
Quick Summary

Bitcoin prices declined as Strategy sold part of its holdings. Prediction market Kalshi indicates a likelihood of prices dropping below $60,000, a potential new low for 2026.

Why It Matters

Bitcoin's price drop and a significant holding sale by Strategy signal potential bearish sentiment, influencing market predictions and investor confidence in future valuations.

Source: CNBC
Market Sentiment: Negative
BTBT stock latest news image
Quick Summary

BRC Specialty Finance and B. Riley Securities announced a $20 million advance under a $100 million term loan facility for Enovum NC-1 Venture LLC, linked to Bit Digital and WhiteFiber.

Why It Matters

The transaction showcases BRC Specialty Finance's capability to provide flexible capital solutions, indicating potential growth and investment opportunities in the middle market sector.

Source: PRNewsWire
Market Sentiment: Neutral
BTBT stock latest news image
Quick Summary

Bit Digital Inc (NASDAQ:BTBT) has secured a $100 million delayed draw term loan for its majority-owned subsidiary WhiteFiber, Inc. (NASDAQ:WYFI), expandable to $150 million for growth initiatives.

Why It Matters

Bit Digital's $100 million loan for WhiteFiber signals confidence in AI growth, potentially boosting both companies' valuations and influencing investor sentiment in tech and finance sectors.

Source: Proactive Investors
Market Sentiment: Positive
BTBT stock latest news image
Quick Summary

WhiteFiber, Inc. (Nasdaq: WYFI) has secured a $100 million delayed draw term loan from Bit Digital Capital, Inc., with the potential to increase the facility to $150 million.

Why It Matters

WhiteFiber's $100 million loan facility enhances its financial flexibility, supporting growth in AI and computing sectors, potentially boosting revenue and market position, which may attract investor interest.

Source: PRNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About BTBT Stock

What is Bit Digital, Inc.'s (BTBT) stock forecast for 2026?

Based on our analysis of 3 Wall Street analysts, Bit Digital, Inc. (BTBT) has a median price target of $4.00. The highest price target is $7.00 and the lowest is $3.00.

Is BTBT stock a good investment in 2026?

According to current analyst ratings, BTBT has 5 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.93. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for BTBT stock?

Wall Street analysts predict BTBT stock could reach $4.00 in the next 12 months. This represents a 107.3% increase from the current price of $1.93. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Bit Digital, Inc.'s business model?

The company generates revenue through digital asset mining, cloud services, colocation services, and Ethereum staking. It primarily mines bitcoin and participates in Ethereum staking for rewards, while also offering specialized cloud infrastructure for AI and machine learning developers.

What is the highest forecasted price for BTBT Bit Digital, Inc.?

The highest price target for BTBT is $7.00 from Kevin Dede at HC Wainwright & Co., which represents a 262.7% increase from the current price of $1.93.

What is the lowest forecasted price for BTBT Bit Digital, Inc.?

The lowest price target for BTBT is $3.00 from at , which represents a 55.4% increase from the current price of $1.93.

What is the overall BTBT consensus from analysts for Bit Digital, Inc.?

The overall analyst consensus for BTBT is bullish. Out of 3 Wall Street analysts, 5 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $4.00.

How accurate are BTBT stock price projections?

Stock price projections, including those for Bit Digital, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: June 16, 2026 2:28 AM UTC
Serious About Growing Your Portfolio?

We highlight 2 high-upside stocks each month – no fluff.

Missedย NVDA?
Donโ€™t Miss the Next One.

Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ€” for free.