Bit Digital, Inc. Ordinary Shares (BTBT)
Bit Digital, Inc. is a digital asset mining company focused on cryptocurrency mining operations, primarily Bitcoin. The company operates data centers equipped with mining hardware, aiming to capitalize on the growing demand for cryptocurrency and blockchain technologies. Headquartered in New York, Bit Digital emphasizes scalable and energy-efficient mining practices to enhance its operational efficiency within the competitive digital currency mining industry.
Company News
In July 2025, the crypto market experienced a bullish phase after the GENIUS Act signing, with Bitcoin reaching an all-time high of $123,000 and Ethereum gaining 54.3%. Stablecoin inflows hit $8 billion, and several companies began accumulating Ethereum as a strategic asset.
Ethereum has surged 65% in the past month, potentially signaling an 'altcoin season' with new crypto legislation and growing investor interest in decentralized finance and stablecoins.
Stocks fell as the yen saw its steepest drop in two months, driven by expectations of potential tightening by the Bank of Japan. Bitcoin and Ethereum rebounded after a recent sell-off, while commodities like oil and natural gas saw declines.
Bit Digital CEO Sam Tabar discusses the recent approval of Bitcoin ETFs, the potential impact of the upcoming U.S. presidential election on cryptocurrency regulations, and his long-term outlook for Bitcoin's price.
Bit Digital, Inc. (BTBT) closed at $3.33 in the latest trading session, marking a -1.91% move from the prior day.
