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Bit Digital: Transition Toward Ethereum and AI Infrastructure Introduces New Uncertainties

Jun 23, 2026 | Team Kalkine
Bit Digital: Transition Toward Ethereum and AI Infrastructure Introduces New Uncertainties
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  • BTBT:NASDAQ
  • Investment Type
    Small-Cap
  • Risk Level
  • Action
  • Rec. Price (US$)

Bit Digital Inc

Bit Digital, Inc. (NASDAQ: BTBT) is a global platform for high performance computing (HPC) infrastructure and digital asset production company. The Company is a provider of HPC data centers and cloud-based HPC graphics processing units (GPU) services, which term cloud services, for customers such as artificial intelligence (AI) and machine learning (ML) developers.

As per our previous US Diversified Opportunities Report published on ‘BTBT’ on May 14, 2026, we provided a ‘Buy’ stance on the stock at USD 1.94 based on “Bit Digital’s recent operational and strategic progress, including FY25 revenue growth to approximately USD 113.6 million, nearly 300% growth in Ethereum staking revenue, expansion of WhiteFiber’s operational capacity from 11 MW toward more than 75 MW by end-2026, increasing exposure to recurring infrastructure revenue streams, disciplined ETH accumulation strategy, and active evaluation of cash-flow-generating acquisitions aligned with Ethereum and AI infrastructure” and the stock price has now moved up by ~14.95% since then and has attained resistance 1 and resistance 2.

Noted below are the details of support and resistance levels provided in our previous report:

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