BTBT — Bit Digital Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Bit Digital Inc

Bit Digital, Inc., together with its subsidiaries, engages in the institutional grade ethereum treasury and staking business. The company designs and operates data centers that provides hosting and colocation services; and cloud solutions for AI training and inference workloads. It is also involved in digital asset mining business. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$2.03
Market Cap$615M
Float343.0M
Shares Outstanding349.2M
P/E (Forward)23.87
Price/Sales (TTM)5.35
vs. Analyst Target+126.6% to analyst PT
Profit Margin-147.48%
Operating Margin (TTM)-520.30%
Revenue (TTM)$115M
Dividend RateNone
Analyst Target Price$4.60 (5 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $21.1M -$2.3M $7.0M $4.4M
2021 $96.1M -$1.0M $65.3M $26.2M
2022 $32.3M -$105M $11.9M -$11.1M
2023 $44.9M -$13.9M $15.4M -$12.3M
2024 $164M $28.3M $101M $59.9M
2025 $114M -$80.3M $24.4M -$14.9M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $25.7M $14.9M
Sep 2025 $30.0M $151M
Dec 2025 $32.3M -$188M
Mar 2026 $27.9M -$147M

Ownership & Float

Insider Ownership1.7%
Institutional Ownership47.2%
Short Float17.8%
% of All Funds Holding2.31%
Number of Funds Holding190

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$1.64Near-term / short-term trend
Weekly40-Week SMA$2.26Medium-term trend
Weekly80-Week SMA$2.58Cyclical trend (business cycle)
Weekly200-Week SMA$2.47Secular trend (multi-year)
Monthly10-Month SMA$2.21Near-term monthly trend
Monthly20-Month SMA$2.52Medium-term monthly trend
Monthly40-Month SMA$2.67Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$3.60 resistance 1.22x 5 months ago
$4.50 resistance 1.56x 16 months ago

Historical Earnings Reactions (34 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 1.42% 0.46% 55.88% 13.34% -2.77%
1 Day 0.44% 0.00% 44.12% 20.74% -11.19%
1 Week 5.21% 0.21% 50.00% 89.93% -25.18%
2 Weeks 12.96% -1.35% 44.12% 362.77% -37.16%
1 Month 18.38% -7.56% 38.24% 450.00% -51.24%

Next earnings: May 21, 2026

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan12.5%50.0%8
Feb-4.2%25.0%8
Mar-1.8%50.0%8
Apr16.0%44.4%9
May-0.6%50.0%8
Jun2.2%37.5%8
Jul29.1%87.5%8
Aug-4.3%37.5%8
Sep-9.1%37.5%8
Oct10.1%37.5%8
Nov7.2%37.5%8
Dec14.2%37.5%8

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.81% 43.3% 386
Tuesday 0.61% 44.8% 424
Wednesday 0.17% 45.0% 420
Thursday -0.19% 42.4% 413
Friday 0.03% 43.8% 413

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 47.2%

Insider Transactions — Smart Summary

Total insider ownership: 1.7%

12-Month Insider Activity Summary

Total Filings3
Net Value-$1.7M
Net Shares Change-250,000
% of Float-0.1%
C-Suite Filings2
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Huang Erke Chief Financial Officer -$3.2M 1 1 sell
Tabar Samir Chief Executive Officer +$1.5M 1 1 buy
Pierce Brock Jeffrey +$1.0M 1 1 buy

Significant Filings

DateInsiderTitleNet ValuePrice After
2025-06-26 Tabar Samir Chief Executive Officer +$1.5M Transaction at $2.00, now +1.5%
2025-06-27 Pierce Brock Jeffrey +$1.0M Transaction at $2.00, now +1.5%
2025-11-24 Huang Erke Chief Financial Officer -$3.2M Transaction at $2.13, now -4.9%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Bit Digital Inc (BTBT) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for BTBT on Trend Edge →