BTBT

Over the past six months, Bit Digital, Inc.'s (BTBT) stock price has significantly declined, falling 66.17% to $1.36 by October 8, 2026, from $4.02 on October 9, 2025. Key events include the Q2 2026 earnings report on August 13, 2026, which showed an EPS loss of -$0.31 (missing estimates) but revenue of $32.11 million (exceeding expectations) driven by cloud services growth, though heavy impairments and digital asset losses led to a wider loss. The company's strategic pivot from Bitcoin mining to Ethereum treasury and AI/HPC cloud services has been noted as a compelling re-rating story by some analysts. Several analysts, including JonesTrading, UBS Group, H.C. Wainwright, and Craig Hallum, issued or reiterated 'buy' ratings, and Zacks Research upgraded the stock to 'hold,' despite the continued stock decline. Broader market conditions, such as choppiness, a global bond rout, rising Treasury yields, and a risk-off backdrop, have also pressured crypto-linked stocks. In May 2026, Bit Digital purchased $20 million of Ethereum and originated a strategic financing facility to support WhiteFiber's growth initiatives.