Stock Taper 
Bit Digital, Inc. is a New York-based company, formerly Golden Bull Limited, involved in bitcoin mining and treasury management since 2017.
Bit Digital's subsidiary provides GPU-powered cloud infrastructure for AI and machine learning clients, shifting from cryptocurrency mining to higher-margin, dollar-denominated high-performance computing services.
In a major strategic shift, Bit Digital announced on June 25, 2025, its transition to a pure-play Ethereum staking and treasury company, moving away from its previous focus on Bitcoin mining. This was immediately followed by the announcement on June 26, 2025, of a $150 million public offering of 75 million shares priced at $2.00 per share, with the explicit purpose of using the proceeds to purchase Ethereum. This dual announcement put the company in the spotlight, signaling a fundamental change in its business model while causing significant dilution for existing shareholders and a sharp, immediate drop in the stock price.
In a fundamental strategic pivot, Bit Digital announced its transition away from its legacy Bitcoin mining operations to focus exclusively on Ethereum. The company is actively converting its Bitcoin holdings and redeploying capital to accumulate a significant ETH treasury for the purpose of generating staking yields.
Bit Digital, Inc. (NASDAQ: BTBT - Get Free Report) dropped 5.2% on Monday. The stock traded as low as $1.55 and last traded at $1.5450. 8,726,836 shares were traded during trading, a decline of 66% from the average session volume of 25,935,875 shares. The stock had previously closed at $1.63. Analyst Upgrades and Downgrades A number
In the closing of the recent trading day, Bit Digital, Inc. (BTBT) stood at $1.54, denoting a -5.52% move from the preceding trading day.
Overall rating: D+
| PEER | PRICE | |
|---|---|---|
 WULF | $14.20 | COMPARE |
 RIOT | $18.30 | COMPARE |
 CIFR | $14.58 | COMPARE |
 MARA | $10.25 | COMPARE |
 BTDR | $10.20 | COMPARE |
 WAFD | $30.04 | COMPARE |
 DCOM | $39.51 | COMPARE |
 BFC | $151.03 | COMPARE |
