Bit Digital, Inc.

NasdaqCM:BTBT Stock Report

Market Cap: US$590.2m

Bit Digital Management

Management criteria checks 3/4

Bit Digital's CEO is Sam Tabar, appointed in Mar 2023, has a tenure of 3.33 years. total yearly compensation is $4.07M, comprised of 12.3% salary and 87.7% bonuses, including company stock and options. directly owns 0.95% of the company’s shares, worth $5.58M. The average tenure of the management team and the board of directors is 2.5 years and 5.3 years respectively.

Key information

Sam Tabar

Chief executive officer

US$4.1m

Total compensation

CEO salary percentage12.30%
CEO tenure3.3yrs
CEO ownership0.9%
Management average tenure2.5yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

Narrative Update Apr 03

BTBT: Crypto Regulation Clarity Will Drive Future Earnings Repricing

Analysts have trimmed their price target on Bit Digital by $1, citing updated assumptions around discount rates, revenue growth, profit margins, and a lower future P/E multiple following recent sector commentary on crypto regulation and company-specific research. Analyst Commentary Bearish analysts are signaling a more cautious stance on Bit Digital, with recent research pointing to both company specific and sector wide pressure on valuation assumptions.
Narrative Update Mar 20

BTBT: Regulatory Clarity And Data Center Ramp Will Shape Future Earnings

Analysts have maintained their $4.00 price target on Bit Digital, citing updated assumptions for revenue growth, profit margins, discount rates and future P/E in light of recent research that highlights regulatory delays as a risk for crypto exposed names. Analyst Commentary Bearish analysts are highlighting that the maintained US$4.00 price target already bakes in optimistic assumptions for revenue growth and profit margins, while the regulatory backdrop for crypto exposed companies looks uncertain given delays in market structure legislation.
Narrative Update Mar 06

BTBT: Regulatory Delays Will Ultimately Support Ethereum And High Performance Computing Transition

Analysts have kept their Bit Digital price target unchanged at $5.13, citing only minor model adjustments, including a slightly higher discount rate, a revised profit margin outlook, and recent commentary on regulatory delays affecting the broader crypto sector. Analyst Commentary Analysts are watching the impact of delayed market structure legislation on Bit Digital closely, especially given its exposure to the broader crypto sector and the unchanged US$5.13 price target.
Narrative Update Feb 20

BTBT: Regulatory Clarity Will Ultimately Support Ethereum And HPC Transition

Analysts have nudged their Bit Digital price target to $5.13, with the change tied to slightly adjusted assumptions around discount rate, profit margin, and future P/E in light of ongoing uncertainty around U.S. crypto market structure legislation. Analyst Commentary Recent Street research focuses heavily on the ongoing delay in U.S. market structure legislation for crypto, which feeds directly into how analysts think about Bit Digital’s risk profile, valuation framework, and execution hurdles.
Narrative Update Feb 05

BTBT: Ethereum And HPC Shift Will Outweigh Regulatory And Ramp Headwinds

Analysts have reduced their price targets on Bit Digital by US$1, citing slower data center ramp timing, a lower Ethereum mark to market, and the impact of earlier digital asset mark to market gains on adjusted EBITDA. Analyst Commentary Bullish Takeaways Bullish analysts still frame Bit Digital as evolving into an Ethereum driven, high performance computing platform.
Narrative Update Jan 22

BTBT: Ethereum And HPC Transition Will Ultimately Outweigh Regulatory And Ramp Delays

Analysts reduced their price target on Bit Digital to approximately US$5.13 from around US$5.38, citing slower data center ramp timing, a lower Ethereum mark to market, and recent crypto-related regulatory delays as key factors in their updated view. Analyst Commentary Bullish Takeaways Bullish analysts still describe Bit Digital as evolving into an Ethereum driven, high performance computing (HPC) focused platform, which they see as supportive of long term earnings potential even as near term assumptions are adjusted.
Narrative Update Jan 08

BTBT: Data Center Ramp Timing Will Shape Future Earnings Quality

Narrative Update The analyst price target for Bit Digital has been reduced by about US$1, as analysts factor in slower data center ramp timing, Ethereum mark-to-market adjustments, and the impact of digital asset valuation on recent adjusted EBITDA. Analyst Commentary Bullish ratings remain in place, but recent price target cuts highlight that some bearish analysts are tempering expectations for Bit Digital.
Narrative Update Dec 16

BTBT: Ethereum Pivot Will Ultimately Outweigh Data Center Ramp Delays

Analysts have trimmed their price target on Bit Digital by about 10 percent, reducing it from roughly $6 to $5.40 as they factor in slower data center ramp timing, lower Ethereum mark to market assumptions, and the earnings impact of recent digital asset revaluations. Analyst Commentary Bullish analysts remain constructive on Bit Digital's strategic pivot toward Ethereum driven, high performance computing.
Narrative Update Dec 02

BTBT: Expansion Delays Will Be Overcome By Ethereum Platform Opportunities

Analysts have revised Bit Digital's price target downward by $1 to $6 per share, citing delayed data center expansion and lower Ethereum-related valuations as key factors influencing their outlook. Analyst Commentary Analysts have provided updated perspectives following Bit Digital’s recent earnings report and price target revisions.
Narrative Update Nov 18

BTBT: Expansion Into High-Performance Computing Will Drive Long-Term Upside

Analysts have lowered their average price target for Bit Digital from $5.70 to $5.38. This reflects cautious sentiment around slower data center ramp-ups, reduced Ethereum mark-to-market valuations, and softer near-term profit outlooks.
Analysis Article Oct 02

Revenues Tell The Story For Bit Digital, Inc. (NASDAQ:BTBT) As Its Stock Soars 27%

Bit Digital, Inc. ( NASDAQ:BTBT ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Jul 08

Bit Digital, Inc.'s (NASDAQ:BTBT) P/S Is Still On The Mark Following 31% Share Price Bounce

Bit Digital, Inc. ( NASDAQ:BTBT ) shares have continued their recent momentum with a 31% gain in the last month alone...
Seeking Alpha Jun 30

Bit Digital: The Bitcoin Exit Is Real

Summary Bit Digital is pivoting away from Bitcoin mining toward high-margin ETH staking, and HPC services, transforming its revenue mix and growth strategy. The $150M equity raise will fund ETH purchases for treasury and WhiteFiber HPC expansion, but introduces dilution and ETH concentration risk. WhiteFiber's potential IPO could unlock value for BTBT shareholders, either through direct share distribution or a sum-of-the-parts re-rating. At 2x P/S and ~$2/share, with management insider buying and a clear strategic shift, BTBT offers an attractive risk/reward and is rated Buy. Read the full article on Seeking Alpha
Analysis Article Apr 18

Market Cool On Bit Digital, Inc.'s (NASDAQ:BTBT) Revenues Pushing Shares 26% Lower

To the annoyance of some shareholders, Bit Digital, Inc. ( NASDAQ:BTBT ) shares are down a considerable 26% in the last...
Analysis Article Mar 04

Market Cool On Bit Digital, Inc.'s (NASDAQ:BTBT) Revenues Pushing Shares 27% Lower

Unfortunately for some shareholders, the Bit Digital, Inc. ( NASDAQ:BTBT ) share price has dived 27% in the last thirty...
Analysis Article Dec 01

Bit Digital, Inc.'s (NASDAQ:BTBT) P/S Is Still On The Mark Following 29% Share Price Bounce

Despite an already strong run, Bit Digital, Inc. ( NASDAQ:BTBT ) shares have been powering on, with a gain of 29% in...
Analysis Article Oct 06

Bit Digital, Inc.'s (NASDAQ:BTBT) 36% Jump Shows Its Popularity With Investors

Bit Digital, Inc. ( NASDAQ:BTBT ) shareholders are no doubt pleased to see that the share price has bounced 36% in the...
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New Narrative Sep 20

HPC Expansion And Ethereum Play Boost Prospects Amid Analysts' Mixed Profit Forecasts

Expansion into high-performance computing and strategic partnerships like the one with Boosteroid position Bit Digital for diversified revenue growth.
Analysis Article Jul 12

Bit Digital, Inc. (NASDAQ:BTBT) Looks Just Right With A 33% Price Jump

Despite an already strong run, Bit Digital, Inc. ( NASDAQ:BTBT ) shares have been powering on, with a gain of 33% in...
Analysis Article May 22

Why Bit Digital's (NASDAQ:BTBT) Earnings Are Weaker Than They Seem

Bit Digital, Inc.'s ( NASDAQ:BTBT ) stock rose after it released a robust earnings report. Despite the strong profit...
Analysis Article May 21

Even With A 33% Surge, Cautious Investors Are Not Rewarding Bit Digital, Inc.'s (NASDAQ:BTBT) Performance Completely

Those holding Bit Digital, Inc. ( NASDAQ:BTBT ) shares would be relieved that the share price has rebounded 33% in the...
Analysis Article Mar 22

Earnings Beat: Bit Digital, Inc. (NASDAQ:BTBT) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their Forecasts

As you might know, Bit Digital, Inc. ( NASDAQ:BTBT ) just kicked off its latest yearly results with some very strong...

CEO Compensation Analysis

How has Sam Tabar's remuneration changed compared to Bit Digital's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$169m

Dec 31 2025US$4mUS$500k

-US$80m

Sep 30 2025n/an/a

US$137m

Jun 30 2025n/an/a

-US$53m

Mar 31 2025n/an/a

-US$79m

Dec 31 2024US$5mUS$500k

US$28m

Sep 30 2024n/an/a

-US$3m

Jun 30 2024n/an/a

US$29m

Mar 31 2024n/an/a

US$38m

Dec 31 2023US$2mUS$500k

-US$14m

Sep 30 2023n/an/a

-US$81m

Jun 30 2023n/an/a

-US$88m

Mar 31 2023n/an/a

-US$103m

Dec 31 2022US$500kUS$500k

-US$105m

Sep 30 2022n/an/a

-US$52m

Jun 30 2022n/an/a

-US$58m

Mar 31 2022n/an/a

-US$41m

Dec 31 2021US$3mUS$94k

-US$1m

Compensation vs Market: Sam's total compensation ($USD4.07M) is above average for companies of similar size in the US market ($USD2.45M).

Compensation vs Earnings: Sam's compensation has been consistent with company performance over the past year.


CEO

Sam Tabar (54 yo)

3.3yrs
Tenure
US$4,065,900
Compensation

Mr. Samir Tabar, also known as Sam, is Chief Executive Officer of WhiteFiber, Inc. from February 2025. Mr. Tabar served as Chief Strategy Officer at Bit Digital, Inc. since March 31, 2021 until March 31, 2...


Leadership Team

NamePositionTenureCompensationOwnership
Samir Tabar
Chief Executive Officer3.3yrsUS$4.07m0.95%
$ 5.6m
Erke Huang
CFO, Secretary & Director6.8yrsUS$4.47m0.60%
$ 3.6m
Justin Zhu
Senior VP of Finance & Chief Accounting Officer1yrUS$620.20k0.029%
$ 171.0k
Thomas Sanfilippo
Chief Technology Officer1.8yrsUS$1.85mno data
Daniel Kelly Kennedy
Head of Investor Relationsless than a yearno datano data
Luna Tan
Managing Director4.5yrsno datano data
Benjamin Lamson
Head of Revenue1.8yrsno datano data
David Bayle
Chief Technology Officer in Enovum2.5yrsno datano data
Billy Krassakopoulos
Chief Executive Officer of Enovum2.5yrsno datano data
2.5yrs
Average Tenure
42.5yo
Average Age

Experienced Management: BTBT's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Erke Huang
CFO, Secretary & Director6.8yrsUS$4.47m0.60%
$ 3.6m
Brock Pierce
Independent Director4.8yrsUS$112.80k0.14%
$ 835.0k
Zhaohui Deng
Independent Director5.8yrsUS$101.33k0.20%
$ 1.2m
Ichi Shih
Independent Director5.8yrsUS$26.45k0.0085%
$ 50.1k
Bryan Bullett
Senior Advisor3.3yrsno datano data
Amanda Cassatt
Directorless than a yearUS$407.14kno data
5.3yrs
Average Tenure
49yo
Average Age

Experienced Board: BTBT's board of directors are considered experienced (5.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/09 09:35
End of Day Share Price 2026/07/09 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bit Digital, Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lucas PipesB. Riley Securities, Inc.
Nicholas GilesB. Riley Securities, Inc.
George SuttonCraig-Hallum Capital Group LLC