Bit Digital Inc’s filing revealed that its Director Pierce Brock Jeffrey acquired Company’s shares for reported $1.0 million on Jun 25 ’25. In the deal valued at $2.00 per share,500,000 shares were bought. As a result of this transaction, Pierce Brock Jeffrey now holds 500,000 shares worth roughly $1.09 million.
Then, Tabar Samir bought 750,000 shares, generating $1,500,000 in total proceeds. Upon buying the shares at $2.00, the Chief Executive Officer now owns 2,108,089 shares.
Craig Hallum initiated its Bit Digital Inc [BTBT] rating to a Buy in a research note published on January 21, 2025; the price target was $6. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who began to cover the stock in late October with a ‘”a Buy”‘ rating. Northland Capital began covering BTBT with “an Outperform” recommendation on February 13, 2024. H.C. Wainwright started covering the stock on September 23, 2021. It rated BTBT as “a Buy”.
Price Performance Review of BTBT
On Monday, Bit Digital Inc [NASDAQ:BTBT] saw its stock jump 8.96% to $2.19. Over the last five days, the stock has lost -5.60%. Bit Digital Inc shares have fallen nearly -34.23% since the year began. Nevertheless, the stocks have fallen -25.26% over the past one year. While a 52-week high of $5.74 was reached on 01/06/25, a 52-week low of $1.69 was recorded on 04/10/25.
Levels Of Support And Resistance For BTBT Stock
The 24-hour chart illustrates a support level at 2.05, which if violated will result in even more drops to 1.91. On the upside, there is a resistance level at 2.27. A further resistance level may holdings at 2.35.
How much short interest is there in Bit Digital Inc?
A steep rise in short interest was recorded in Bit Digital Inc stocks on 2025-06-13, dropping by -1.73 million shares to a total of 27.34 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 29.07 million shares. There was a decline of -6.33%, which implies that there is a negative sentiment for the stock.
