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Stock impact report

Bit Digital (BTBT): Revisiting Valuation After Recent Share Price Rebound and Strategy Shift Toward Ethereum and AI [Yahoo! Finance]

Bit Digital, Inc. - Ordinary Share (BTBT) 
Company Research Source: Yahoo! Finance
data centers in Canada and Iceland, and the stock is starting to reflect that transition. See our latest analysis for Bit Digital. The latest 10.4% one day share price gain to 2.23 dollars comes after a choppy stretch that left the 90 day share price return down 28.5 percent, even as the three year total shareholder return sits at a hefty 265.8 percent. This signals that momentum has cooled in the short run, while the long term story remains intact. If Bit Digital's shift into AI infrastructure has your attention, it might be worth scanning other high growth tech names by exploring high growth tech and AI stocks as your next research stop. With revenue surging but profits still volatile, and the share price trading at a steep discount to analyst targets, the key debate now is simple: is Bit Digital a mispriced AI and crypto hybrid, or has the market already baked in its next leg of growth? With Bit Digital last closing at 2.23 dollars against a narrative fair value of about Show less Read more
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