Bit Digital
BTBTMarket price data through August 3, 2026.
Performance
Aug 2021 – Aug 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- -17%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$2
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- April 2026
- The month this stock first became a Benson pick.
- Tracking duration
- 3 months
- How long Benson has been tracking this pick.
About Bit Digital
Bit Digital started out as a Bitcoin miner and has completely reinvented itself. Today it holds one of the largest Ethereum treasuries of any public company, over 155,000 ETH that earns yield through staking, and it owns about 70% of WhiteFiber, an AI data center company with roughly a billion dollars in signed contracts. Think of it as two bets in one stock: Ethereum and the AI computing build-out.
The case for and against
Both sides of the story, in plain English.
- Two Megatrends, One Stock
Bit Digital holds over 155,000 ETH, with about 89% staked and earning roughly 3.5% yield a year just for helping run the Ethereum network. Its majority stake in WhiteFiber was worth about 427 million dollars at year-end, giving shareholders real AI data center exposure on top of the crypto treasury.
- Billion-Dollar Backlog
WhiteFiber signed a 10-year deal with AI cloud company Nscale worth about 865 million dollars for 40 megawatts of data center capacity in North Carolina, with first capacity delivering in mid-2026. Cloud revenue grew 50% in 2025 and colocation revenue jumped over 500%.
- Tied to Crypto Prices
Most of the company's value rides on Ethereum's price, which it can't control. Bit Digital posted an 80 million dollar net loss in 2025, largely from crypto price swings, and its average ETH purchase price of about 3,045 dollars sits above recent market prices, so the treasury is underwater for now.
- Heavy Spending Phase
Building AI data centers is expensive. The company poured about 169 million dollars into construction in a single quarter and carries roughly 344 million dollars in debt. If the new facilities ramp slower than planned, more share dilution or borrowing could follow.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-08-03. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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