
BTBT Stock Forecast & Price Target
BTBT Analyst Ratings
Bulls say
Bit Digital Inc. experienced a notable revenue increase in 3Q25, reporting $30.5 million, which represents a 20% sequential growth from $25.7 million in 2Q25, largely driven by a substantial rise in ETH staking rewards that surged to $2.9 million from $0.4 million in the prior quarter. The company is on track to raise its revenue estimates for FY26 to $252.1 million, adjusting previous forecasts upward, while FY25 sales estimates have also improved. The anticipated growth from Ethereum staking revenue, which is projected to nearly double without factoring in future ETH purchases, significantly enhances Bit Digital's positive financial outlook.
Bears say
Bit Digital reported a revenue decline to $25.7 million for the June quarter, down from $29.0 million year-over-year, with mining operations experiencing a managed decline but some compensation from cloud services. The company’s bitcoin mining fleet is projected to shrink significantly from 1.9 Eh/s at the end of September to just 1.2 Eh/s by mid-year 2024, indicating ongoing challenges in maintaining operational capacity. Further compounding these issues, the forecast suggests a halving of mining-related revenue by 2026, driven by deteriorating mining economics and performance uncertainties within the fleet.
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