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Asset logo for symbol BTBT
Bit Digital
BTBT72
$2.49arrow_drop_down1.96%-$0.04
Penny Stock
Asset logo for symbol BTBT
BTBT72

$2.49

arrow_drop_down1.96%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Bit Digital (BTBT) Stocklytics Forecast

Bit Digital, Inc. (BTBT) is a cryptocurrency mining company that operates globally. The company utilizes advanced mining hardware and software to mine various digital currencies, including Bitcoin. As the popularity and adoption of cryptocurrencies continue to grow, Bit Digital has positioned itself as a key player in the industry. With a focus on efficiency and scalability, the company aims to maximize its mining capabilities and increase its profitability.
When it comes to predicting the future price of Bit Digital, Inc. (BTBT) stock, there are several factors that need to be considered. One such factor is the overall market sentiment towards cryptocurrencies. As more institutional investors and companies embrace digital assets, the demand for mining services provided by Bit Digital is likely to increase. This could have a positive impact on the company's stock price.
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Frequently Asked Questions

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What is the analyst price prediction for Bit Digital (BTBT) stock?

Analysts have set a target price of $3.67 for Bit Digital (BTBT), based on forecasts from 6 analysts. The predicted price range extends from a high of $5 to a low of $2. This represents a potential increase of up to 100.4% and a decrease of -19.84% from the current price of $2.5. These forecasts are as of 2021 Sep 23.
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What are the analyst ratings for Bit Digital (BTBT) stock?

Currently, there are no analyst ratings available for Bit Digital (BTBT), possibly due to insufficient coverage or recent updates.
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What is the AI price prediction for Bit Digital (BTBT) stock?

At present, there is no AI or machine-learning-based price prediction available for Bit Digital (BTBT) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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