
BTBT Stock Forecast & Price Target
BTBT Analyst Ratings
Bulls say
Bit Digital Inc. demonstrated a strong financial performance in 3Q25, with revenue rising to $30.5 million, reflecting a sequential increase of 20% from $25.7 million in 2Q25, primarily driven by substantial growth in ETH staking rewards. The company reported ETH staking revenues soaring to $2.9 million, up from $0.4 million in the previous quarter, indicating more than a seven-fold increase as it held 122,127 ETH by the end of September. Analysts have revised the company's revenue projections upward for FY26 to $252.1 million from $208.0 million, suggesting positive momentum for Bit Digital's earnings driven by both digital asset mining and enhanced staking capabilities.
Bears say
Bit Digital Inc. reported a decline in revenue for the June quarter, with figures falling to $25.7 million from $29.0 million year-over-year, primarily due to a managed reduction in mining operations despite slight sequential growth supported by cloud and HPC co-location services. The company's bitcoin mining capacity is projected to decline significantly, with expectations of a reduction to 1.2 EH/s by mid-2024 from 1.9 EH/s as mining fleet upgrades are deemed unfeasible amidst deteriorating economic conditions. Furthermore, the anticipated halving of mining-related revenue in 2026, combined with the projected decrease in network hash rate to 600 PH/s by year-end 2026, underscores the mounting challenges facing Bit Digital's core business model.
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
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