Tuesday, December 12, 2023
Joe Gomes, Managing Director, Equity Research Analyst, Generalist , Noble Capital Markets, Inc.
Joshua Zoepfel, Research Associate, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
NobleCon19. Bit Digital CEO Sam Tabar presented at NobleCon19. Highlights included the discussion of diversification efforts and additional detail on the Bit Digital AI business. A rebroadcast is available at https://www.channelchek.com/videos/bit-digital-noblecon19-replay.
Diversification. The new Bit Digital AI business provides a non-correlated revenue source for the Company, significantly diversifying Bit Digital’s business. as we have mentioned in prior reports, Bit Digital AI provides specialized infrastructure to support generative artificial intelligence (“AI”) workstreams.
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*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.
