Market Cap:
24h Vol:
Cryptocurrencies: 22548
Markets: 90838
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Market Cap:
24h Vol:
Cryptocurrencies: 22548
Bitcoin Bitcoin Share: 58.07%
Markets: 90838
Seeking Alpha
2022-04-22 17:09:00

Bit Digital Stock: Is Now A Good Time To Buy, Sell, Or Hold?

Bit Digital Stock: Is Now A Good Time To Buy, Sell, Or Hold?

Bit Digital managed to generate a profit in 2021 through its bitcoin mining operation.The company has terminated all activities in China and is in the process of redeploying its fleet of mining equipment in North America.The stock appears undervalued relative to industry peers with the market likely not recognizing the transformation story.With a bullish outlook on bitcoin, we expect BTBT to outperform going forward and like the stock at the current level.

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Market Cap
24h Vol
58.07%
Bitcoin Share
18
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