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Bit Digital, Inc. (NASDAQ:BTBT) earns a place on our list of the best blockchain infrastructure stocks according to analysts.
As of March 17, 2026, all covering analysts remain bullish on Bit Digital, Inc. (NASDAQ:BTBT), with a $5.75 consensus price target indicating 150% upside potential. Analysts remain confident in the company’s growing Ethereum-focused strategy and digital infrastructure exposure.
Reinforcing positive analyst sentiment, Bit Digital, Inc. (NASDAQ:BTBT) released its February 2026 Ethereum (ETH) treasury and staking metrics on March 5, 2026. As of the month’s end, the company boasted roughly 155,434 ETH, which translated into approximately $305.4 million based on a $1,965 closing price and an average acquisition cost of $3,045 per ETH.
During the month, Bit Digital, Inc. (NASDAQ:BTBT) actively deployed 138,269 ETH into staking, earning 313.9 ETH in rewards, which translated into an annualized yield of roughly 2.7%. As of February-end, the company had 324.8 million shares outstanding and owned roughly 27 million WhiteFiber (WYFI) shares, valued at $455.7 million. The update reflects the company’s diversified digital asset portfolio.
Bit Digital, Inc. (NASDAQ:BTBT) focuses on providing digital asset mining, Ethereum staking, cloud computing, and colocation services. With these services, the company supports AI and machine learning workloads. At the same time, the company focuses on building long-term exposure to Ethereum infrastructure and high-performance computing.
While we acknowledge the potential of BTBT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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