Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was incorporated in 2017 and is headquartered in New York, New York.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is 'cheap' on EV/EBITDA.
Target Price
The average target price of BTBT is 4.3 and suggests 119% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa