"Bit Digital ( (BTBT) ) has provided an announcement. On September 17, 2025, Bit Digital, Inc. held a General Meeting of Shareholders to discuss a proposal to increase its authorized share capital significantly. However, due to the absence of a quorum, the meeting was adjourned, and a new date was set for September 22, 2025, allowing for further proxy solicitation. The most recent analyst rating on (BTBT) stock is a Hold with a $3.00 price target."
"Spark's Take on BTBT StockAccording to Spark, TipRanks' AI Analyst, BTBT is a Neutral. Bit Digital's overall score reflects strong strategic initiatives and revenue growth, tempered by profitability challenges and mixed technical signals. The strategic pivot to Ethereum and successful corporate events are positive, but financial stability and valuation concerns remain significant. More about Bit DigitalAverage Trading Volume: 40,084,509 Technical Sentiment Signal: Buy Current Market Cap: $945M See more insights into BTBT stock on TipRanks' Stock Analysis page."
Bit Digital held a General Meeting of Shareholders on September 17, 2025 to consider a significant increase in authorized share capital, but the meeting was adjourned for lack of quorum and rescheduled to September 22, 2025 to allow additional proxy solicitation. The most recent analyst rating on BTBT is Hold with a $3.00 price target, and TipRanks' AI Analyst Spark rates BTBT Neutral. Company strengths include strategic initiatives, revenue growth, a pivot toward Ethereum, and successful corporate events. Ongoing concerns include profitability challenges, mixed technical signals, financial stability, and valuation. Average trading volume is 40,084,509 with a Technical Sentiment Signal of Buy and a market cap of $945M.
Read at TipRanks Financial
Unable to calculate read time
Collection
[
|
...
]