BTBT stock forecast, quote, news & analysis
Bit Digital Inc is engaged in the Bitcoin mining business, Ethereum staking activities and specialized cloud-infrastructure services for artificial intelligence applications through its wholly owned subsidiaries... Show more
Why Bit Digital (BTBT) Stock Is Down -35% in the Last 30 Days
Key Takeaways
- Bit Digital shares have fallen roughly 35% over the trailing 30 days, sliding from a $1.24 close to about $0.80.
- The move extends a longer decline, with the stock down approximately 40% over the trailing three-month period.
- As a "Strategic Asset Company," BTBT's valuation is now dominated by its Ethereum treasury and its majority stake in AI/HPC subsidiary WhiteFiber, making the shares highly sensitive to cryptocurrency prices.
- Ethereum's spot-price weakness through October and early November directly compressed the value of the company's digital-asset holdings.
- Third-quarter 2026 results are scheduled for release on November 12, 2026, a key near-term catalyst for the shares.
- For additional detail on this ticker, explore its Price Targets, Earnings, and Forecast pages.
- Discover Trending AI Robots to see how automated trading strategies are approaching the market.
Bit Digital (BTBT) Company Overview and Market Position
Bit Digital (Nasdaq: BTBT) has evolved from a Bitcoin mining operation into what management calls a "Strategic Asset Company" built on two pillars: active participation in Ethereum infrastructure and controlling equity exposure to AI/HPC infrastructure. The company purchases and stakes Ether to generate protocol-native yield and participates directly in the Ethereum network, while its majority ownership stake in WhiteFiber (Nasdaq: WYFI) provides exposure to AI data centers, cloud-based GPU services, and colocation. Bit Digital has been winding down its Bitcoin mining business and converting its treasury to Ethereum, holding a treasury of roughly 155,000 to 162,000 ETH, the majority of which is staked. Investors follow BTBT as a way to express views on both Ethereum and the buildout of AI compute infrastructure.
Bit Digital (BTBT) Stock Price Performance: Last 30 Days vs. Quarter
Over the last 30 days, BTBT has fallen approximately 35%, declining from a closing price of $1.24 to roughly $0.80. The selling was persistent rather than a single-event drop, with the shares marking a series of lower highs and lower lows through October and into November.
The last quarter tells a similar story over a longer horizon. From a level near $1.35, BTBT has shed about 40% of its value over the trailing three-month period. A September rally that briefly carried the stock toward $1.82 was fully reversed, underscoring the lack of sustained buying interest and the prevailing downward trend.
What Drove BTBT Stock Price in the Last 30 Days
The principal driver behind the recent decline has been weakness in Ethereum, which now functions as Bit Digital's core balance-sheet asset. Because a large portion of the company's value is tied to its ETH holdings, a falling Ether price mechanically reduces the company's net asset value and weighs on investor sentiment. Ethereum traded under pressure through October and into early November, and BTBT moved in sympathy as a leveraged proxy for the asset.
Compounding factors amplified the move. The broader digital-asset and crypto-equity complex experienced risk-off sentiment during the period, and companies that use digital assets as collateral for financing face added scrutiny when those assets depreciate. Positioning also tightened ahead of the company's third-quarter earnings report, scheduled for November 12, 2026, as investors de-risked into the print. The appointment of a new Head of Investor Relations in early November was a normal governance update rather than a material catalyst, and it did little to offset the dominant crypto-driven pressure.
What Drove BTBT Stock Performance Over the Last Quarter
The quarterly decline reflects a broader narrative: Bit Digital's repositioning away from Bitcoin mining and toward an Ethereum treasury and a majority stake in WhiteFiber has left the shares behaving more like a crypto-exposed asset than a traditional operating business. As Ethereum weakened over the period, mark-to-market adjustments on the treasury translated directly into share-price pressure.
The company's second-quarter results illustrated the earnings volatility that comes with this model. Revenue rose, but the company reported a net loss driven in part by non-cash fair-value adjustments on digital assets and a $46 million non-cash impairment on liquid-staked Ether. Those swings highlight how sensitive reported results and investor confidence are to the direction of Ether prices. WhiteFiber's AI data-center buildout remains the long-term growth story, but in the near term BTBT has traded largely as a function of cryptocurrency sentiment.
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BTBT Stock Forecast Drivers: What Investors Should Watch Next
Several factors will shape BTBT's trajectory in the near term. The third-quarter earnings release on November 12, 2026, will provide updated detail on treasury size, staking yield, revenue composition, and WhiteFiber's backlog and data-center progress. The direction of Ethereum's spot price remains the single most important variable, given its direct link to the company's net asset value and the mark-to-market swings in reported results.
Investors should also monitor WhiteFiber's execution, including its GPU deployments and the ramp of its NC-1 data center, as well as how Bit Digital manages collateral tied to its ETH-backed financing. Broader macroeconomic conditions, digital-asset regulation, and institutional demand for AI-compute infrastructure round out the watchlist. These are factors to observe rather than predictions, and they carry meaningful risk in both directions.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
BTBT in upward trend: price expected to rise as it breaks its lower Bollinger Band on November 05, 2026
BTBT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 34 of 37 cases where BTBT's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where BTBT's RSI Indicator exited the oversold zone, 28 of 35 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 80%.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The Moving Average Convergence Divergence (MACD) for BTBT just turned positive on November 06, 2026. Looking at past instances where BTBT's MACD turned positive, the stock continued to rise in 38 of 44 cases over the following month. The odds of a continued upward trend are 86%.
Following a +11.74% 3-day Advance, the price is estimated to grow further. Considering data from situations where BTBT advanced for three days, in 217 of 250 cases, the price rose further within the following month. The odds of a continued upward trend are 87%.
Bearish Trend Analysis
BTBT moved below its 50-day moving average on October 06, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for BTBT crossed bearishly below the 50-day moving average on October 12, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 15 of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 90%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BTBT declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 89%.
The Aroon Indicator for BTBT entered a downward trend on November 10, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of 64 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.685) is normal, around the industry mean (3.120). P/E Ratio (-0.873) is within average values for comparable stocks, (6.734). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (0.809). Dividend Yield (0.000) settles around the average of (8.976) among similar stocks. P/S Ratio (3.852) is also within normal values, averaging (16.899).
The Tickeron Price Growth Rating for this company is 91 (best 1 - 100 worst), indicating slightly worse than average price growth. BTBT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 98 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 98 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BTBT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock worse than average.
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