Q4 Earnings Forecast for Bit Digital Issued By HC Wainwright

Bit Digital, Inc. (NASDAQ:BTBT) – Research analysts at HC Wainwright issued their Q4 2025 EPS estimates for shares of Bit Digital in a research note issued on Monday, March 17th. HC Wainwright analyst K. Dede expects that the company will post earnings of ($0.01) per share for the quarter. HC Wainwright currently has a “Buy” rating and a $7.00 price target on the stock. The consensus estimate for Bit Digital’s current full-year earnings is ($0.20) per share.

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

Separately, Craig Hallum started coverage on shares of Bit Digital in a report on Tuesday, January 21st. They set a “buy” rating and a $6.00 price objective for the company.

Bit Digital Stock Down 6.2 %

BTBT opened at $2.26 on Tuesday. The firm has a 50-day simple moving average of $2.96 and a two-hundred day simple moving average of $3.44. Bit Digital has a 52 week low of $1.76 and a 52 week high of $5.74. The company has a market capitalization of $346.93 million, a PE ratio of 37.67 and a beta of 5.13.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Two Seas Capital LP boosted its holdings in shares of Bit Digital by 60.6% during the 4th quarter. Two Seas Capital LP now owns 662,414 shares of the company’s stock valued at $1,941,000 after purchasing an additional 250,000 shares during the last quarter. Vident Advisory LLC lifted 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 valued at $9,360,000 after acquiring an additional 1,149,727 shares during the last quarter. Sherbrooke Park Advisers LLC lifted its holdings in shares of Bit Digital by 113.2% in the 4th quarter. Sherbrooke Park Advisers LLC now owns 38,457 shares of the company’s stock valued at $113,000 after acquiring an additional 20,418 shares during the last quarter. ProShare Advisors LLC lifted its holdings in shares of Bit Digital by 49.0% in the 4th quarter. ProShare Advisors LLC now owns 33,753 shares of the company’s stock valued at $99,000 after acquiring an additional 11,107 shares during the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of Bit Digital by 30.1% in the 4th quarter. Millennium Management LLC now owns 1,437,250 shares of the company’s stock valued at $4,211,000 after acquiring an additional 332,513 shares during the last quarter. Institutional investors own 47.70% of the company’s stock.

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.