Bit Digital, Inc. (NASDAQ:BTBT) is one of the 7 most volatile stocks under $5 for day trading. Bit Digital (BTBT)’s January Ethereum Treasury Numbers Reflect Both Volatility and Size Risk Bit Digital, Inc. (NASDAQ:BTBT), on February 6, 2026, released January Ethereum treasury numbers, which reflect both volatility and size risk. On January 31, 2026, Bit Digital, Inc. (NASDAQ:BTBT) had 155,239.4 ETH, which was worth around $380.2 million at a closing price of $2,449, compared to an average acquisition co ...

Group 1 - The analyst has a decade of experience in the crypto space, focusing on Bitcoin miners, digital asset treasuries, and crypto ETFs, while also exploring tech equities in emerging sectors like quantum computing and orbital intelligence [1] - The analyst has initiated coverage on companies such as SealSQ (LAES) and Rezolve AI (RZLV), with Buy ratings, and some of these stocks have shown double to triple-digit returns since coverage began [1] - The analysis emphasizes a focus on fundamentals, capital allocation, momentum, market structure, and management execution, rather than just surface-level metrics [1] Group 2 - The analyst values feedback from the community, including critical comments, as they contribute to improving the analysis and fostering thoughtful disagreements [1]

Core Insights - The main focus surrounding Bit Digital (BTBT) includes its strategic transformation, regulatory environment, and financial performance [1] Business Progress - Bit Digital has officially ceased its Bitcoin mining operations and fully transitioned to Ethereum staking and AI infrastructure services as of January 31, 2026. The company currently holds over 150,000 ETH and is participating in staking, while its subsidiary is expanding AI computing power services, which have contributed nearly 60% of its revenue. This transformation may impact the company's future business structure and profitability [2] Regulatory Policies - In February 2026, the People's Bank of China and eight other departments issued new regulations tightening the oversight of virtual currencies, explicitly prohibiting related illegal financial activities. This move may impose operational adjustment pressures on companies like Bit Digital involved in digital assets, necessitating close attention to the subsequent implementation of these policies [3] Financial Performance - For the third quarter of fiscal year 2025, the company reported a net profit of $151 million, representing a year-on-year increase of 489.18%, with revenue reaching $30.46 million. Although this data is from November 2025, its growth momentum is noteworthy [4] Stock Performance - On January 2, 2026, Bit Digital's stock price increased by 7.94% in a single day, with trading volume rising by 27.96% compared to the previous period. Additionally, the overall volatility in the cryptocurrency market, such as fluctuations in Bitcoin prices, may indirectly affect the company's stock price [5]

Bitcoin (BTCUSD)-related stocks have never been an exception; they ride a roller coaster just like every other stock. With so many short sellers in the mix, it can get even crazier, where abrupt rallies can occur, and you have the bulls and the bears taken by surprise. The company that is getting buzz presently is Bit Digital (BTBT). It is considered one of the shortest crypto stocks on the market, though it has a market capitalization close to $2 billion. Shortly in late January, nearly a fifth of his st ...

Core Viewpoint - Bit Digital (BTBT.US) has experienced significant stock price fluctuations recently, with a current price of $2.19 as of January 10, 2026, reflecting a 7.35% increase over the past five trading days [1] Financial Performance - For the third quarter of fiscal year 2025 (ending November 23, 2025), the company reported a substantial net profit increase of 489.18% year-over-year, reaching $151 million, with total revenue of $30.46 million [1] Analyst Ratings - All six rating agencies covering Bit Digital have issued "Buy" recommendations, with a target average price set at $5.58 [1] Market Context - The overall volatility in the cryptocurrency market may indirectly affect Bit Digital's stock price, as indicated by an analysis from RYOEX on February 9, 2026, which noted that Bitcoin is facing a critical testing phase [1]

Core Viewpoint - Bit Digital, Inc. is transitioning from Bitcoin mining to a focus on Ethereum treasury and AI infrastructure, indicating a strategic shift towards more scalable and yield-oriented opportunities [3][4]. Group 1: Financial Performance - As of January 31, 2026, Bit Digital held approximately 155,239.4 ETH, valued at around $380.2 million based on an ETH price of $2,449 [1]. - The average acquisition cost for Bit Digital's ETH position was approximately $3,045 per token [2]. - The company staked about 138,266 ETH, which is roughly 89% of its total holdings, generating approximately 344.0 ETH in rewards for January, corresponding to an annualized yield of about 2.9% [2]. Group 2: Strategic Direction - Bit Digital is evolving into what it describes as a "Strategic Asset Company," focusing on Ethereum treasury, staking, and AI infrastructure growth, moving away from traditional mining operations [4]. - The decision to exit Bitcoin mining was based on the conclusion that it had become a less efficient use of capital [4]. - The company is also integrating artificial intelligence into its GPU-based computing operations, operating data centers across North America to support AI workloads [5].

Core Viewpoint - Bit Digital Inc (NASDAQ:BTBT) is shifting its focus from Bitcoin mining to artificial intelligence (AI) computing and Ethereum infrastructure, citing inefficiencies in Bitcoin mining as a capital use [1][2]. Group 1: Company Strategy - The company announced the discontinuation of its Bitcoin mining operations to pursue opportunities in AI and Ethereum [1]. - Bit Digital holds over 150,000 ETH, primarily for crypto staking activities to generate additional cryptocurrencies [2]. - The company maintains a majority ownership stake in AI company WhiteFiber and will not sell any of its shares this year [2]. Group 2: Market Position - Bit Digital's decision to move away from Bitcoin is uncommon among publicly traded cryptocurrency companies, which typically focus solely on Bitcoin [2]. - The company offers cloud services for machine learning and AI, alongside its cryptocurrency mining and staking activities [3].

⚡️ UPDATE: Nasdaq-listed Bit Digital discloses 155,239 $ETH on its balance sheet and 344 $ETH generated from staking in Jan. https://t.co/aEn0EjJOYP ...

Company Overview - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates in key finance and investing hubs with bureaus and studios located in London, New York, Toronto, Vancouver, Sydney, and Perth [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Utilization - Proactive is recognized as a forward-looking technology adopter, utilizing automation and software tools, including generative AI, to enhance workflows [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]

Core Insights - Bit Digital, Inc. reported its Ethereum treasury and staking metrics for January 2026, highlighting its active participation in Ethereum infrastructure and equity exposure to AI/HPC infrastructure through its majority stake in WhiteFiber [1][2]. Group 1: Ethereum Holdings and Staking - As of January 31, 2026, the company held approximately 155,239.4 ETH, with a market value of about $380.2 million based on a closing ETH price of approximately $2,449 [5]. - The total average acquisition price for the company's ETH holdings was approximately $3,045 [5]. - Approximately 138,266 ETH, or about 89% of total holdings, were staked, generating approximately 344.0 ETH in rewards during the period, which represents an annualized yield of approximately 2.9% [5]. Group 2: Investment in WhiteFiber - The company maintains ownership of approximately 27.0 million shares of WhiteFiber (WYFI), with a market value of approximately $527.6 million as of January 31, 2026 [5]. - On January 28, 2026, Bit Digital reaffirmed its long-term investment in WhiteFiber and confirmed that it will not sell any of its WhiteFiber shares in any secondary offering or other discretionary disposition during 2026 [5].