U.S. markets closed

Bit Digital, Inc. (BTBT)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
14.76-0.63 (-4.09%)
At close: 4:00PM EST
Sign in to post a message.
  • H
    HW Graff, Trading Savant
    $SOS conversation
    SOS was on the right track of recovering earlier this morning, moving from $5.20 premarket drop to $6.60 peak during trading hours and the price moving up despite Bitcoin price setback this morning until the Hidenberg Report hit. That SHOWS the resilience and price potential of $SOS, just imagine what would happen to SOS price when Bitcoin price recovers to high 50K or approach $60K again next week or next month. I personally am extremely confident on SOS's untapped valuation that potentially could be many times more than where it is at right now, and I believe Hidenberg and other bashers or Paid Bashers saw the same value and potential you and I are seeing. $SOS already acquired 15,600 Mining Rigs spending $28 Million and $SOS had raised more than $200 Million in the past two months that means SOS can potentially 10X its current mining rigs capacity and potentially use its massive hundred million CASH boost its production ahead of $MARA $RIOT and $BTBT which are currently trading at 60X, 50X and 20X of the SOS's measly $60 million valuation.
  • H
    HW Graff, Trading Savant
    $SOS conversation
    SOS spent $28 Million acquired 15,600 Bitcoin mining machines/rigs. SOS had been raising more than $200 Million in cash in the past two months, that means $SOS can potentially buy 10X the machines and boost its bitcoin production capacity to the top of the in the world, ahead $MARA $RIOT $BTBT which are currently trading at 60X 50X 20X of SOS market valuation; That could be the same story as the Google start-up came later and took on 90% of search while old timers like Yahoo and MSN fighting for 8% of traffic. The potential of what SOS can do with those hundred million dollars Cash raised is enormous !! Short Seller rumors currently have NO concrete evidence only groundless accusation with NO investigation to follow. That means Wealthy Short Sellers saw the same value as I and you are seeing it, they want to get in cheap, like they had been bashing $NIO from $12 to $8 in Mid 2020, then took NIO all the way to $60+ later in the year.
  • H
    HOV
    $CDMO conversation
    SOS I NEED A SOS🤑🤑🤑😭
    SOS spent $28 Million acquired 15,600 Bitcoin mining machines/rigs. SOS had been raising more than $200 Million in cash in the past two months, that means $SOS can potentially buy 10X the machines and boost its bitcoin production capacity to the top of the in the world, ahead $MARA $RIOT $BTBT which are currently trading at 60X 50X 20X of SOS market valuation; That could be the same story as the Google start-up came later and took on 90% of search while old timers like Yahoo and MSN fighting for 8% of traffic. The potential of what SOS can do with those hundred million dollars Cash raised is enormous !! Short Seller rumors currently have NO concrete evidence only groundless accusation with NO investigation to follow. That means Wealthy Short Sellers saw the same value as I and you are seeing it, they want to get in cheap, like they had been bashing $NIO from $12 to $8 in Mid 2020, then took NIO all the way to $60+ later in the year.
    Bullish
  • K
    Kayla
    Unfortunately the bloodbath could continue.

    Right now there’s a major sell off due to rising treasury bond yields. Bonds yields are rising because their price keeps on dropping since nobody wants to buy them right now because the government will most likely issue more bonds for the feds or investors to buy in order to finance the stimulus bill.

    So basically people are selling off stocks waiting for treasury yields to get higher so they can have them & get a nice interest % return from a guaranteed asset instead of risking on stocks.

    The same reasoning could apply to bitcoin. Bitcoin is very volatile so why hold buy risky bitcoins when you can have treasury bonds with potentially 3-5% interest or maybe even more???

    The only thing that I see that could change this is if the feds start doubling down on QE and buy all those damn bonds to make them go up in value and make the yields go down.

    That on the other hand will cause massive asset inflation which would make assets prices (stocks & real estate) go to the moon and potentially commodities too.

    It’s hard to say how bitcoin will react to this type of environment because bitcoins is still kind of new but honestly I wouldn’t be surprised if there was a correction in Bitcoin too

    Now I’m not a pro so I’m not going to tell you what to do but based on these info here’s what I did: I sold my under performers, took very small profits in my big winners & keeping as much cash as I can and slowly REALLY SLOWLY buy the dip on mining stocks.

    Here’s what I personally don’t recommend: sell everything and try to time to market.

    Mining stocks had an incredible bull runs, but bull runs don’t come without corrections. Just look at what happened in march 2020

    Anyway, just wanted to share my insight. Feel free to drop your opinion on what you think is going on

    $riot $hvbtf $arbkf $sos $btbt $hutmf $bfarf $dmggf
  • D
    Dean
    Bit Digital has not filed an appearance or an answer in either of the two Southern District of New York class action suits filed against it, according to the docket report, as of Feb. 26, 2021.
  • H
    Harry
    Sell/hold?
  • c
    codey
    this is dropping fast? are we concern or is this just a better buying spot? im going to buy more and roll that dice and hope it climbs up with bitcoin.
    Bullish
  • S
    Shaw
    I am LONG on $BTBT till $BTC hits $100k, who else is with me here...?
  • H
    HOV
    $RKT conversation
    SOS I NEED A SOS🤑🤑🤑😭
    SOS spent $28 Million acquired 15,600 Bitcoin mining machines/rigs. SOS had been raising more than $200 Million in cash in the past two months, that means $SOS can potentially buy 10X the machines and boost its bitcoin production capacity to the top of the in the world, ahead $MARA $RIOT $BTBT which are currently trading at 60X 50X 20X of SOS market valuation; That could be the same story as the Google start-up came later and took on 90% of search while old timers like Yahoo and MSN fighting for 8% of traffic. The potential of what SOS can do with those hundred million dollars Cash raised is enormous !! Short Seller rumors currently have NO concrete evidence only groundless accusation with NO investigation to follow. That means Wealthy Short Sellers saw the same value as I and you are seeing it, they want to get in cheap, like they had been bashing $NIO from $12 to $8 in Mid 2020, then took NIO all the way to $60+ later in the year.
    Bullish
  • w
    wolfgang
    Brad, can you tell me the location of their mining rigs or where they bought them?
  • B
    Brad
    136-20 38TH AVE., SUITE 9A-2
    FLUSHING, NY 11354

    Real address, on file with SEC. Do you not think SEC is smart enough to know whether or not its real or fake business? The lawsuits are because of JCapital article claimed they misrepresented number of miners... could be true, or could not be. I trust BTBT’s rebutal and official company credit rating more than the strangers/shorters on this board.
  • B
    Brad
    If they are really mining 300 BTC a month, at $55k per coin, shouldn’t they be valued closer to $2billion? That double current value...
  • G
    Grateful
    $ARBKF conversation
    I just like the heck out of Argo Blockchain ARBKF.
    I've done some reading and it's the only crypto currency related stock that I'd own.
    I
    I
    I
    $RIOT $MARA $BFARF $GBTC $SOS $EBON $BTBT $FTFT $CAN $CPE $CDEV $MRO
  • D
    D
    Maybe it's time to file a countersuit against the law firms? If they are proven false accusations those law firms should be held liable for investor anguish.
  • H
    HW Graff, Trading Savant
    $SOS conversation
    $SOS added 15900 Bitcoin mining machines is now at higher bitcoin mining capacity than $Ebon $mara $btbt yet valued at a fraction.
    $SOS in addition to Bitcoin mining also develops Bitcoin security apps
    $SOS is well-established well-funded through recent stock offers
    STRONG BUY at every chance, Today is good entry time !!
  • H
    HW Graff, Trading Savant
    $EBON conversation
    EBON a traditional mining equipment provider, now stepping into Mining bitcoin business itself, imagine all those equipment it produced now used in mining instead of selling
    plus bitcoin security and exchange app
    new exchange soon to be announced.
    most well-established BitCoin eco-system provider in china
    STRONG BUY considering it is trading at fraction of the valuation of most of its peers

    $btbt $mara $btc
  • H
    HC
    when Bitcoin was 30k was trading around this price now 47k still trading around this piece woow
  • J
    Johnny
    $SOS conversation
    SOS 10X potential ahead, 15400 bitcoin mining rigs added ontop of fintech and bitcoin security apps. Market valuation at less than $100 million easily can reach $Billion valuation like $BTBT $Riot $Mara since SOS now has more bitcoin mining rigs on tops of Bitcoin Apps
  • R
    ROBERT
    This stock will be around $85 a share in 3 months or less. Do your homework or be broke.
    Bullish
  • D
    Dany
    Just come info about lawsuit.
    What will happen now?