Billionaire Boys Club Member Forum (BBCMF)

[mick]

Penny Stock of the Day: Bit Digital Inc. (NASDAQ: BTBT)
Today’s penny stock pick is the bitcoin mining company, Bit Digital Inc. (NASDAQ: BTBT).

Bit Digital Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities. The company’s mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions.

Website: https://bit-digital.com

Latest 10-k report: https://sec.report/Document/0001213900-22-020007/

Analyst Consensus: As per TipRanks Analytics, based on 1 Wall Street analyst offering 12-month price targets for BTBT in the last 3 months, the stock has an average price target of $4.00, which is nearly 131% upside from current levels.