NEW YORK, Aug. 6, 2024 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York, announced its unaudited digital asset production and corporate updates for the month of July 2024.Corporate Highlights for July 2024The Company had 256 servers actively generating revenue from its initial Bit Digital AI contract, as of July 31, 2024. The Company earned an estimated $4.3 ...

Bit Digital, Inc. (BTBT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned +16.2%, compared to the Zacks S&P 500 composite's +1.1% change. During this period, the Zacks Technology Services industry, which Bit Digital falls in, has lost 1.9%. The key question now is: What could be the stock's future direction?A ...

Investors in Bit Digital, Inc. (BTBT) need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 16, 2024 $8 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mea ...

In the latest trading session, Bit Digital, Inc. (BTBT) closed at $3.53, marking a -0.7% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.5%. Elsewhere, the Dow gained 0.5%, while the tech-heavy Nasdaq lost 1.28%.Coming into today, shares of the company had gained 4.72% in the past month. In that same time, the Business Services sector lost 0.49%, while the S&P 500 gained 0.1%.The investment community will be paying close attention to the earnings performance of Bit ...

Bit Digital, Inc. (BTBT) ended the recent trading session at $3.95, demonstrating a +1.41% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 1.08% for the day. At the same time, the Dow added 0.32%, and the tech-heavy Nasdaq gained 1.58%.The company's stock has climbed by 47.35% in the past month, exceeding the Business Services sector's loss of 3.28% and the S&P 500's gain of 0.43%.Investors will be eagerly watching for the performance of Bit Digital, ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Bit Digital, Inc. (BTBT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned +45.9% over the past month versus the Zacks S&P 500 composite's +2.1% change. The Zacks Technology Services industry, to which Bit Digital belongs, has gained 2.4% over this period. Now the key question is: Where could the stock be headed in the near term?W ...

Loading...Loading...Bit Digital, Inc. BTBT, a company engaged in bitcoin mining and various digital asset activities, has recently shown signs of a significant bullish technical pattern known as the ‘Golden Cross.’Despite a challenging year with Bit Digital’s stock down 13.03% over the past year and 17.97% year-to-date, the recent technical indicators suggest a potential upside ahead.Chart created using Benzinga ProMoving Averages and Golden Cross:8-day SMA: BTBT share price is $3.48, above the 8-day simple ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

The most recent trading session ended with Bit Digital, Inc. (BTBT) standing at $3.33, reflecting a -1.91% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.16% for the day. Meanwhile, the Dow gained 0.04%, and the Nasdaq, a tech-heavy index, added 0.49%.Prior to today's trading, shares of the company had gained 34.19% over the past month. This has outpaced the Business Services sector's gain of 1.2% and the S&P 500's gain of 3.22% in that time ...