Northland Capmk Predicts Weaker Earnings for Bit Digital

Bit Digital, Inc. (NASDAQ:BTBT) – Stock analysts at Northland Capmk reduced their Q3 2025 EPS estimates for Bit Digital in a research note issued on Monday, March 17th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings per share of ($0.01) for the quarter, down from their previous forecast of $0.01. The consensus estimate for Bit Digital’s current full-year earnings is ($0.20) per share. Northland Capmk also issued estimates for Bit Digital’s Q4 2025 earnings at $0.00 EPS.

Several other equities research analysts have also recently weighed in on BTBT. Craig Hallum began coverage on shares of Bit Digital in a research report on Tuesday, January 21st. They issued a “buy” rating and a $6.00 price target on the stock. HC Wainwright restated a “buy” rating and issued a $7.00 price target on shares of Bit Digital in a research report on Monday.

Bit Digital Stock Performance

Shares of BTBT opened at $2.42 on Tuesday. The company’s fifty day moving average is $2.94 and its 200 day moving average is $3.43. Bit Digital has a fifty-two week low of $1.76 and a fifty-two week high of $5.74. The stock has a market capitalization of $371.49 million, a PE ratio of 40.33 and a beta of 5.13.

Bit Digital (NASDAQ:BTBT) last announced its quarterly earnings results on Friday, March 14th. The company reported ($0.11) earnings per share 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 business had revenue of $26.10 million during the quarter, compared to the consensus estimate of $25.06 million. During the same quarter in the prior year, the firm posted ($0.16) EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BTBT. OLD Mission Capital LLC purchased a new stake in shares of Bit Digital during the fourth quarter valued at $31,000. Cibc World Markets Corp purchased a new stake in shares of Bit Digital during the fourth quarter valued at $33,000. Wedbush Securities Inc. purchased a new stake in shares of Bit Digital during the fourth quarter valued at $37,000. Stifel Financial Corp purchased a new stake in shares of Bit Digital during the third quarter valued at $38,000. Finally, Orion Portfolio Solutions LLC purchased a new stake in shares of Bit Digital during the fourth quarter valued at $38,000. 47.70% of the stock is owned by hedge funds and other institutional investors.

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.