Bit Digital, Inc. Announces 2024 Strategic Priorities
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Northland Starts Bit Digital Inc. (BTBT) at Outperform, 'Lots of Optionality with HPC Beginning to Ramp'
February 13, 2024 7:46 AM ESTNorthland Capital Markets analyst Mike Grondahl initiates coverage on Bit Digital Inc. (NASDAQ: BTBT) with a Outperform rating and a price target of $6.00.
The analyst comments "Bit Digital, historically a BTC mining operation, has recently been presented with optionality to diversify its business into the HPC space purpose built for AI/ML clients. Key Points Bit Digital facilitates energy efficient and sustainable Bitcoin mining operations via carbon-free energy sources including wind,... More
