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BTBTBT

Bit Digital, Inc.

$BTBT·$482M·Financial - Capital Markets·Financial Services
$1.43-10.1%YTD-27.7%1Y-45.2%
Mentions · last 7 days
2026-08-20: 97 posts2026-08-21: 76 posts2026-08-22: 19 posts2026-08-23: 18 posts2026-08-24: 39 posts386+6%
Price updated 2d ago·X counts updated 5d ago
BTBTBT
$BTBTBit Digital, Inc.
$1.43-10.06%386 posts+6%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $BTBT, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Comeback attemptWinding up for a moveAI verdict · as of 2026-08-29

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

Bit Digital owns ~60-71% of WYFI which anchors Nscale's Anthropic $45B deal — real backdoor AI-infra exposure at $1.43, but the tape doesn't believe it.

Bit Digital is a Bitcoin miner that has pivoted into Ethereum-treasury and AI-cloud/compute infrastructure — its most interesting asset is now the ~59.9-71% stake in WYFI, which has a 40MW, 10-year, $865M contract with Nscale (Anthropic's $45B compute partner).

  • The WYFI-through-Nscale exposure is genuinely large: WYFI's 40MW/10-year/$865M NC-1 deal with Nscale means BTBT owns ~60-71% of a business that anchors Anthropic-adjacent compute demand — the equity is essentially a backdoor AI-infrastructure position at a $1.43 stock price, and one street estimate frames BTBT at ~25% discount to NAV.
  • The underlying P&L is still messy: Q1 revenue grew 11% YoY to $27.9M at a 21% gross margin and -78% operating margin, with a Q2 revenue beat but an EPS miss; free-cash-flow yield is -298% (heavy capex), and the sell side models revenue climbing from ~$142M this year to ~$287M in 2027 as the AI-cloud unit ramps.
  • The insider signal is small but real: two officers (CSO Tabar and director Huang) each received 200K-share A-Awards on August 18 plus matching J-Other reclassifications — these are grant-related transactions rather than open-market buys, so the read is mildly positive on alignment but not a strong conviction signal; an executive departure was reported August 3.

The setup is a coiled turnaround with a specific backdoor AI-infrastructure position and a genuinely frustrating tape (bulls flag "not moving with ETH" as expected) — the November 12 print is the referee, and the market needs first WYFI-related revenue or an updated Nscale colocation ramp. A clean beat with visible WYFI contribution breaks the coil up; another quarter of sub-$40M revenue with weak ETH-treasury correlation confirms the drift near the 52-week low.

Agrees with X sentimentThe bull-vs-bear split in the X sample is honest — bulls' ~60-71% WYFI ownership stake anchoring the 40MW/10-year/$865M NC-1 deal with Nscale (Anthropic's $45B compute partner) and the ~25% NAV discount framing is factually consistent with public disclosures, and the bears' "not moving with ETH," weak ETH treasury correlations, buyback disappointment, and active sell signals are equally real reasons the tape has stayed frustrated.

What to watch: The November 12 Q3 earnings — need first WYFI-related revenue disclosure, updated Nscale colocation ramp color, and reiterated FY27 revenue trajectory toward the $287M consensus. Another quarter of sub-$40M revenue with weak ETH-treasury correlation confirms the drift near the 52-week low; a clean beat with visible WYFI contribution breaks the coil up.

On the calendar: 2026-11-12 — Q3 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment21 posts analyzed · as of 2026-08-29

Bit Digital sentiment on X is bullish. Anchors include BTBT still owning ~60-71% of WYFI, Nscale (WYFI's NC-1 anchor tenant) reportedly signing a $45B Anthropic compute lease that lifts the downstream value of WYFI (and by extension BTBT), and BTBT/BMNR/SBET grouped as ETH-treasury exposure. Bulls note BTBT is at ~25% discount to NAV vs peers at premiums, and Goldman/Schwab plus 352 other institutions buying. Some technical bulls flag weekly bullish divergence at long-standing resistance. No meaningful bear voice.

Read the AI verdict + X sentiment for $BTBT

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Mines Bitcoin and operates GPU-based cloud computing infrastructure marketed for AI workloads.

Industry overviewAI analysisGenerated by AI from underlying data

Where Financial - Capital Markets sits in its cycle right now — and what that implies for $BTBT.

Financial - Capital Markets · Financial Services

No material change from last week — Robinhood reporting its highest single-day signups confirms the retail infrastructure layer directly benefits from high-profile IPO cycles.

What this means for $BTBT

Partial — Mines Bitcoin and operates GPU-based cloud computing infrastructure marketed for AI workloads; partial earnings exposure to financial - capital markets demand dynamics through its product portfolio.

Top industry ETF

$IAIiShares U.S. Broker-Dealers & Securities Exchanges ETF
+5.0%YTD
+11.8%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-3.2How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
0.0%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
102%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
-298%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
4.9Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-0.1%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
46.7%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.8Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 13, 2026$-0.31$-0.04-588.9%
Q1 2026May 14, 2026$-0.45$-0.04-1025.0%
Q4 2025Mar 31, 2026$-0.53$-0.02-2550.0%
Q3 2025Nov 14, 2025$0.47$-0.00+11850.0%
Next earningsThu, Nov 12·consensus EPS $-0.05

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$27.9M+11.2%20.7%-78.2%$-0.45$-170.3B
Q4 FY25$32.3M-60.5%55.7%-42.1%$-0.58$-206.0M
Q3 FY25$30.0M+32.2%59.6%473%$0.48$-256.8M
Q2 FY25$25.7M-11.4%48.6%45.7%$0.07$-64.5M

Forward consensus

3-year forecast · up to 2 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$142.3M$140.8M – $143.9M-$0.52-$0.53 – -$0.502
FY27$287.0M$282.5M – $292.9M$0.01$0.01 – $0.011
FY28$373.8M$367.9M – $381.6M$0.37$0.36 – $0.381

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.8×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.7%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-9.6%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-21.2%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatHigh float · 341.4M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today6.7% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β3.975-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

No open-market buys or sells in the last 180 days.

+ 15 other (7 awards · 4 exempts · 2 others · 2 inkinds) in window

See when $BTBT insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KPress release / Reg FDAug 138-K — Item 2.02: Earnings release · Item 7.01: Press release / Reg FD
AI summary

Bit Digital (BTBT) filed an 8-K on August 13, 2026 covering Items 2.02 and 7.01, reporting financial results and a concurrent Regulation FD disclosure. Body unavailable — earnings details are in Exhibit 99.1, which is not included in the excerpt. Bit Digital is a digital-asset mining and AI infrastructure company; the Reg FD item typically accompanies a press release or investor presentation. The filing covers both earnings disclosure and simultaneous investor communication obligations.

8-KOfficer or director changeAug 38-K — Item 5.02: Officer or director change
AI summary

BTBT announced a leadership Departure involving Certain Officers, who serves as Director. Item 5.02 mandates timely disclosure of executive and director transitions, which can significantly affect BTBT's strategic direction and investor confidence.

8-KCharter amendmentJul 308-K — Item 5.03: Charter amendment · Item 5.07: Shareholder vote
AI summary

BTBT (BTBT) disclosed an amendment to its articles of incorporation or bylaws (Item 5.03, filed 2026-07-30). Charter amendments may affect voting rights, anti-takeover provisions, or governance procedures. Review the specific changes for any impact on shareholder rights.

8-KPress release / Reg FDJun 308-K — Item 7.01: Press release / Reg FD
AI summary

Bit Digital (Cayman Islands crypto miner, Nasdaq-listed) furnished an investor presentation under Reg FD on June 30, 2026. The filing is a standard investor-relations disclosure with no material new operating data extractable from the available excerpt. Routine Reg FD furnishing.

8-KMaterial agreementMay 278-K — Item 1.01: Material agreement · Item 2.03: Material debt obligation · Item 7.01: Press release / Reg FD
AI summary

Bit Digital, Inc.'s wholly-owned subsidiary Bit Digital Capital, Inc. entered into a Delayed Draw Term Loan Facility on May 20, 2026, lending up to $100 million (expandable to $150 million) to Enovum NC-1 Venture, LLC, an indirect subsidiary of WhiteFiber Inc., for building out the first phase of an HPC data center in Madison, North Carolina. The loan bears interest at 9.5% per annum (reducing to 8% after a Rate Step Down Event) with a nine-month initial term, extendable by three months. Bit Digital is acting as a lender to a related HPC infrastructure partner, positioning it within the AI/HPC data center buildout trend while earning interest income rather than taking on construction risk directly.

+ 10 other (5 proxys · 2 10-Qs · 1 PRE 14A · 1 earnings 8-K) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Bitcoin surges above $70K as Trump backs Clarity Act, Treasury ramps up buybacksnypost.com·10d agoBit Digital: Investors Not Aware Of The Fundamental Changes, Give It A Huge Discountseekingalpha.com·12d agoBit Digital, Inc. (BTBT) Q2 2026 Earnings Call Transcriptseekingalpha.com·17d agoBit Digital Q2 Earnings Miss Despite Revenue Beat on Cloud Growthzacks.com·17d agoBit Digital Q2 Earnings Call Highlightsmarketbeat.com·17d ago

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TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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