Bit Digital (BTBT) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- -$0.31
- Estimate
- -$0.05
- Surprise
- -520.0%
- Revenue (period 2026-06-30)
- $32.1M
- Score today
- 5.8/10
Revenue source: xbrl.
How the report landed
Bit Digital (BTBT) reported a wider loss than forecast — diluted EPS of -$0.31 against the -$0.05 estimate (a 520.0% shortfall).
Coverage in the report window
- Bit Digital Q2 2026 Earnings Call Transcript — benzinga, 2026-08-13
- UPDATE: Bit Digital Q2 Adj. EPS $(0.06) Misses $(0.04) Estimate. — benzinga, 2026-08-13
- Bit Digital Q2 EPS $(0.31) Misses $(0.05) Estimate, Sales $32.113M Beat $23.709M Estimate — benzinga, 2026-08-13
Where TrendMatrix's rating stands now
TrendMatrix currently rates BTBT Sell at 5.8/10; no pre/post engine snapshot brackets this report.
0 of the last 4 quarters beat the estimate; this quarter's -520.0% surprise compares with a -700.6% four-quarter average. Next scheduled report: 2026-11-12.
What argues against it
- Concentration risk — Counterparty: Figment
- Concentration risk — Commodity: Ethereum (ETH)
- Quality below floor (3.3 < 4.0)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $1.55
- Price target
- $3.51
- Stop
- $1.42
- Upside to target
- +126.5%
- Reward-to-risk
- 8.6:1
Risk check: trading volume is running 2.1× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-08-23 — shown for context, not personalized investment advice.
BTBT at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Capital Markets
- Market cap
- $551.8M
- 52-week range
- $1.18–$4.55
- Off 52-week high
- 65.9%
- RSI (14)
- 58
- Volume vs avg
- 2.09×
- Score today
- 5.8/10