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Insights for Bit Digital, Inc.
NASDAQ: BTBT
11 - Losing Steam - loss-making but can fund turnaround
Sector: AI, Data, Crypto, Semiconductors & Tech Infra
Industry: Cryptocurrency & Blockchain Tech
Based on PEG Ratio: Unknown
Today's Price
updated on: 		3.11 (-1.89%)
Open 3.03 (2.64%)
High (Upside %) 3.2259 (3.73%)
Low (Downside %) 2.98 (4.36%)
P. Close 3.17 (-1.89%)
Open-High % 6.47%
Open-Low % 1.65%
Low-High % 8.25%
Active Buy Quantity 0
Active Sell Quantity 0
% Overtraded
Current Mood bearish
Previous Data
data from:
Open-High % 6.58%
Open-Low % 2.3%
Low-High % 9.09%
Open-Close % -1.32%
Low-Close % 1.01%
High-Close % 7.41%

BTBT is a Stock listed in the US on the NASDAQ under the ticker 'BTBT'

Company Summary

Business Units or Product Lines

Bit Digital, Inc. is primarily focused on Bitcoin mining with operations in North America. The company operates mining farms that contribute to transaction processing and security for the Bitcoin network.

Business Models for Each Product Line

Bit Digital generates revenue by mining Bitcoin and earning block rewards and transaction fees. Major expenses include electricity, maintenance of mining equipment, and operational costs associated with data center facilities.

Future Opportunities for Growth

The company may benefit from the increasing adoption of Bitcoin and other cryptocurrencies, potential expansion of mining capacity, and strategic partnerships or acquisitions to enhance capabilities and geographical footprint.

Potential Major Risks

Major risks include fluctuations in Bitcoin prices, increased competition in the mining sector, regulatory changes affecting cryptocurrency operations, and technological changes that may require significant capital investment.

Learn More about Bit Digital, Inc.: Company Insights by Algobear (ChatGPT);

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Also read: https://finance.yahoo.com/BTBT/profile

Predicted Prices
Key Low (open) Low (high) Close-Down (open) Close-Down (high) Close-Up (open) Close-Up (low) High (open) High (low)
Low Volatility 3.01
45.74% hit 		3.08
55.97% hit 		3.01
22.87% hit 		3.21
49.64% hit 		3.06
17.19% hit 		3.0
50.85% hit 		3.05
50.5% hit 		3.12
55.97% hit
Average Volatility 2.87
37.0% hit 		2.92
34.66% hit 		2.83
19.03% hit 		3.05
35.09% hit 		3.19
13.42% hit 		3.12
32.17% hit 		3.17
30.75% hit 		3.3
34.66% hit
High Volatility 2.47
3.48% hit 		2.56
3.2% hit 		2.52
3.62% hit 		2.61
4.4% hit 		3.39
3.12% hit 		3.37
3.34% hit 		3.41
2.84% hit 		3.75
3.2% hit

BTBT's predicted prices using open from of 3.03 and data until date . Current Price is 3.11

Basic Stats
Market Cap-Display Market Cap-Actual Market Cap Enterprise Value-Display Enterprise Value-Actual Enterprise Value Forward P/E Price/Sales Price/Book Enterprise Value/Revenue Enterprise Value/EBITDA Profit Margin Operating Margin Return on Assets Return on Equity Revenue-Display Revenue-Actual Revenue Quarterly Revenue Growth EBITDA-Display EBITDA-Actual EBITDA Diluted EPS Total Cash-Display Total Cash-Actual Total Cash Total Debt-Display Total Debt-Actual Total Debt Total Debt/Equity Current Ratio Operating Cash Flow-Display Operating Cash Flow-Actual Operating Cash Flow Levered Free Cash Flow-Display Levered Free Cash Flow-Actual Levered Free Cash Flow % Held by Insiders % Held by Institutions
870.0 mn 868890368.0 0.87 530.0 mn 530320704.0 0.53 18.13 8.52 1.22 5.2 -13.26 -77.9% -212.08% -11.7% -23.29% 100.0 mn 102037920.0 0.1 -18.0% -40.0 mn -39988064.0 -0.04 -0.56 60.0 mn 57555012.0 0.06 10.0 mn 14015315.0 0.01 0.0336 3.9 30.0 mn 25282448.0 0.03 -110.0 mn -105071592.0 -0.11 1.76% 24.04%

source:https://finance.yahoo.com/BTBT/key-statistics

Reading Information

source:https://finance.yahoo.com/BTBT/key-statistics

source:https://www.google.com/finance/quote/BTBT:NASDAQ

source:https://finance.yahoo.com/BTBT/analysis

source:https://finance.yahoo.com/BTBT/fair-value

source:https://www.nasdaq.com/market-activity/stocks/BTBT/price-earnings-peg-ratios

Upside-Downside Spread
Key Weighted 5D 1M 3M 6M 1Y 3Y 10Y
Upside % (high) 54.35% 17.04% (3.64) 44.37% (4.49) 44.37% (4.49) 44.37% (4.49) 84.57% (5.74) 84.57% (5.74) 961.09% (33)
Downside % (low) 23.57% 9.32% (2.82) 14.47% (2.66) 39.55% (1.88) 45.66% (1.69) 45.66% (1.69) 82.96% (0.53) 91.0% (0.28)
Spread % 30.78% 7.72% 29.9% 4.82% -1.29% 38.91% 1.61% 870.1%

BTBT's price used for computing the stats is 3.11 as on date

Cumulative Return Percent
Key Today 5D 2W 1M 3M 6M 1Y 3Y 10Y
Last Price-Trend PrevClose 3.67% -0.32% 3.67% -10.37% 54.73% -4.31% 16.92% 100.65%
Last Price 3.11 3.11 3.11 3.11 3.11 3.11 3.11 3.11 3.11
Trend-Previous Close 3 3.12 3 3.47 2.01 3.25 2.66 1.55 None

BTBT's symbol cumulative return percent is computed basis data from date

Return Velocity
5D 2W 1M 3M 6M 1Y
5D window
Metric Mean Median Stdev
Overall 7.22% 3.35 7.51% 3.35 9.45% 2.9 3.79
Up 16.72% 3.64 18.21% 3.69 7.8% 3.28 4.01
Down -4.67% 2.97 -5.45% 2.95 2.84% 2.84 3.11
5D Opportunity:
returns: -0.32% (-8.94%), p.close: 3.12
entry: 2.84, exit: 2.9, min.ret: 2.17%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall -0.93% 3.09 -1.24% 3.08 11.82% 2.54 3.64
Up 9.03% 3.4 5.75% 3.3 9.71% 2.95 3.86
Down -8.43% 2.86 -8.25% 2.86 4.69% 2.64 3.08
5D Opportunity:
returns: -0.32% (-15.46%), p.close: 3.12
entry: 2.64, exit: 2.54, min.ret: -3.79%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall -1.57% 3.07 -2.23% 3.05 12.22% 2.5 3.64
Up 9.89% 3.43 7.49% 3.35 9.81% 2.97 3.89
Down -8.23% 2.86 -7.76% 2.88 6.05% 2.58 3.15
5D Opportunity:
returns: -0.32% (-17.3%), p.close: 3.12
entry: 2.58, exit: 2.5, min.ret: -3.13%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall 4.64% 3.26 0.83% 3.15 18.33% 2.41 4.12
Up 11.69% 3.48 7.49% 3.35 15.92% 2.74 4.23
Down -6.06% 2.93 -5.32% 2.95 5.75% 2.66 3.2
5D Opportunity:
returns: -0.32% (-14.69%), p.close: 3.12
entry: 2.66, exit: 2.41, min.ret: -9.57%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall 0.79% 3.14 -1.06% 3.09 14.77% 2.45 3.84
Up 7.78% 3.36 3.38% 3.23 12.33% 2.79 3.94
Down -6.73% 2.91 -5.93% 2.93 5.8% 2.64 3.18
5D Opportunity:
returns: -0.32% (-15.43%), p.close: 3.12
entry: 2.64, exit: 2.45, min.ret: -7.02%
Using: 5D trend, 0 Days Left
Metric Mean Median Stdev
Overall 1.19% 3.16 -0.94% 3.09 15.57% 2.43 3.89
Up 8.82% 3.4 4.36% 3.26 12.24% 2.82 3.97
Down -7.47% 2.89 -6.15% 2.93 6.76% 2.57 3.2
5D Opportunity:
returns: -0.32% (-17.6%), p.close: 3.12
entry: 2.57, exit: 2.43, min.ret: -5.53%
Using: 5D trend, 0 Days Left
2W window
Metric Mean Median Stdev
Overall -11.63% 2.65 -7.35% 2.78 12.0% 2.11 3.19
Up 6.06% 3.18 2.57% 3.08 7.24% 2.86 3.51
Down -18.97% 2.43 -17.45% 2.48 7.35% 2.1 2.76
2W Opportunity:
returns: 3.67% (16.93%), p.close: 3
entry: 3.51, exit: 3.19, min.ret: 9.04%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall 7.88% 3.24 -5.24% 2.84 31.91% 1.8 4.67
Up 25.29% 3.76 14.95% 3.45 28.84% 2.46 5.06
Down -10.81% 2.68 -9.12% 2.73 9.6% 2.24 3.11
2W Opportunity:
returns: 3.67% (68.56%), p.close: 3
entry: 5.06, exit: 4.67, min.ret: 7.6%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall 8.37% 3.25 3.15% 3.09 23.39% 2.2 4.3
Up 18.16% 3.54 10.52% 3.32 21.26% 2.59 4.5
Down -8.75% 2.74 -6.54% 2.8 8.29% 2.36 3.11
2W Opportunity:
returns: 3.67% (50.05%), p.close: 3
entry: 4.5, exit: 4.3, min.ret: 4.39%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall 0.69% 3.02 -3.26% 2.9 19.9% 2.13 3.92
Up 11.57% 3.35 6.17% 3.19 16.88% 2.59 4.11
Down -10.64% 2.68 -9.95% 2.7 8.07% 2.32 3.04
2W Opportunity:
returns: 3.67% (36.89%), p.close: 3
entry: 4.11, exit: 3.92, min.ret: 4.64%
Using: 2W trend, 0 Days Left
Metric Mean Median Stdev
Overall 1.43% 3.04 -0.88% 2.97 19.37% 2.17 3.91
Up 13.75% 3.41 8.44% 3.25 15.74% 2.7 4.12
Down -11.56% 2.65 -10.54% 2.68 9.13% 2.24 3.06
2W Opportunity:
returns: 3.67% (37.37%), p.close: 3
entry: 4.12, exit: 3.91, min.ret: 5.01%
Using: 2W trend, 0 Days Left
1M window
Metric Mean Median Stdev
Overall 25.18% 4.34 28.38% 4.45 22.44% 3.18 5.51
Up 54.19% 5.35 57.05% 5.45 26.59% 3.97 6.73
Down -15.69% 2.93 -18.27% 2.84 9.87% 2.41 3.44
1M Opportunity:
returns: -10.37% (-30.49%), p.close: 3.47
entry: 2.41, exit: 3.18, min.ret: 31.66%
Using: 1M trend, 0 Days Left
Metric Mean Median Stdev
Overall 20.3% 4.17 22.56% 4.25 19.33% 3.17 5.18
Up 34.39% 4.66 30.03% 4.51 23.07% 3.46 5.86
Down -10.28% 3.11 -7.33% 3.22 9.3% 2.63 3.6
1M Opportunity: BUY-APPROACHING
returns: -10.37% (-24.22%), p.close: 3.47
entry: 2.63, exit: 3.17, min.ret: 20.5%
Using: 1M trend, 0 Days Left
Metric Mean Median Stdev
Overall 1.81% 3.53 -5.3% 3.29 24.02% 2.28 4.78
Up 19.79% 4.16 10.13% 3.82 22.41% 2.99 5.32
Down -16.1% 2.91 -17.9% 2.85 10.36% 2.37 3.45
1M Opportunity:
returns: -10.37% (-31.64%), p.close: 3.47
entry: 2.37, exit: 2.28, min.ret: -3.77%
Using: 1M trend, 0 Days Left
Metric Mean Median Stdev
Overall 1.49% 3.52 -2.47% 3.38 22.63% 2.34 4.7
Up 21.37% 4.21 15.57% 4.01 20.39% 3.15 5.27
Down -17.34% 2.87 -17.83% 2.85 10.81% 2.31 3.43
1M Opportunity:
returns: -10.37% (-33.55%), p.close: 3.47
entry: 2.31, exit: 2.34, min.ret: 1.64%
Using: 1M trend, 0 Days Left

BTBT's symbol current price is 3.11 (3.67%) as on . Yesterday's close was 3. It's return velocities are computed basis data from date .

Win Percent
Key Weighted 5D 1M 3M 6M 1Y 3Y
Open-High (> 1.0%) 88.38% 100% 81.82% 80.3% 75.76% 78.97% 80.95%
Open-Low (> 1.0%) 93.94% 100% 90.91% 89.39% 87.88% 88.89% 86.51%
Open-Close-Up (> 0.5%) 36.88% 40.0% 31.82% 36.36% 38.64% 42.06% 43.25%
Open-Close-Down (> 0.5%) 45.95% 40.0% 54.55% 43.94% 47.73% 47.62% 49.34%
Low-Close-Up (> 1.0%) 89.51% 100% 81.82% 83.33% 82.58% 84.13% 82.14%
High-Close-Down (> 1.0%) 70.13% 60.0% 77.27% 74.24% 78.03% 82.94% 85.32%

BTBT's symbol win percent is computed basis data from date

Associated Tags