
BTBT Stock Forecast & Price Target
BTBT Analyst Ratings
Bulls say
Bit Digital Inc. reported a sequential revenue increase of 20% in Q3 FY25, reaching $30.5 million, with a total FY25 revenue of $113.6 million, reflecting a year-over-year growth of 5.1%. The company saw significant improvements in its ETH staking segment, with revenue rising to $7.0 million in FY25 compared to $1.8 million in the previous year, and a remarkable jump in staking rewards recorded at $2.9 million in Q3 FY25. Furthermore, projections indicate a substantial revenue increase for FY26 to $252.1 million, supported by a disciplined execution of growth strategies and innovative financial instruments that enhance shareholder value.
Bears say
Bit Digital Inc. is projected to experience a significant decline in revenue estimates for FY26, dropping to $143.7 million from a previous estimate of $252.1 million, primarily due to revised expectations for WhiteFiber's contributions and challenging mining economics. The company's bitcoin mining operational capacity is forecast to decrease, with the hashrate expected to fall to 1.2 Eh/s by mid-year, reflecting both a conscious reduction in mining activities and adverse market conditions, including low Ethereum prices. Additionally, there are concerns regarding the long-term viability of Bit Digital's holdings in WhiteFiber, with expectations that the company may divest from this asset, significantly impacting its overall financial performance.
This aggregate rating is based on analysts' research of Bit Digital, Inc and is not a guaranteed prediction by Public.com or investment advice.
BTBT Analyst Forecast & Price Prediction
Start investing in BTBT
Order type
Buy in
Order amount
Est. shares
0 shares