Bit Digital positioned for growth with digital treasury model, Noble analysts say

Noble Capital Markets analysts have reiterated their 'Outperform' rating on Bit Digital Inc (NASDAQ:BTBT) after the company released its February Ethereum treasury and staking data. The firm maintained its $5.50 price target on the company's shares, implying upside from current levels of about $1.60, citing the company's strategic positioning in Ethereum (ETH) and related holdings.