The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Bit Digital Inc shares valued at $1,500,000 were purchased by Tabar Samir on Jun 25 ’25. At $2.00 per share, Tabar Samir acquired 750,000 shares. The insider’s holdings grew to 2,108,089 shares worth approximately $4.2 million following the completion of this transaction.
As published in their initiating research note from Craig Hallum on January 21, 2025, Bit Digital Inc [BTBT] has been a Buy and the price target has been revised to $6. Analysts at B. Riley Securities started covering the stock with ‘”a Buy”‘ outlook in a report released in late October. As of February 13, 2024, Northland Capital has initiated its “an Outperform” rating for BTBT. Earlier on September 23, 2021, H.C. Wainwright initiated its rating. Their recommendation was “a Buy” for BTBT stock.
Analyzing BTBT Stock Performance
On last trading session,, Bit Digital Inc [NASDAQ: BTBT] plunged -15.32% to $1.99. The stock’s lowest price that day was $1.88, but it reached a high of $2.01 in the same session. During the last five days, there has been a drop of approximately -17.43%. Over the course of the year, Bit Digital Inc shares have dropped approximately -18.11%. Shares of the company reached a 52-week high of $4.03 on 01/06/25 and a 52-week low of $1.69 on 04/10/25.
Support And Resistance Levels for Bit Digital Inc (BTBT)
According to the 24-hour chart, there is a support level at 1.91, which, if violated, would cause prices to drop to 1.83. In the upper region, resistance lies at 2.04. The next price resistance is at 2.09. RSI (Relative Strength Index) is 35.84 on the 14-day chart, showing neutral technical sentiment.
Is Bit Digital Inc subject to short interest?
Stocks of Bit Digital Inc saw a sharp steep in short interest on 2025-06-13 dropping by -1.73 million shares to 27.34 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 29.07 million shares. A decline of -6.33% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 1.64 of the overall float, the days-to-cover ratio (short ratio) decline to 1.64.
Which companies own the most shares of Bit Digital Inc (BTBT)?
In terms of Bit Digital Inc share price expectations, FactSet research, analysts set an average price target of 6.5 in the next 12 months, up nearly 176.6% from the previous closing price of $2.35. Analysts anticipate Bit Digital Inc stock to reach 7 by 2025, with the lowest price target being 6. In spite of this, 5 analysts ranked Bit Digital Inc stock as Buy at the end of 2025.
