Bit Digital (BTBT), a small-cap player, is in the midst of its own strategic transformation, moving from Bitcoin mining to Ethereum staking options. While market skepticism abounds around this pivot, the execs feel pretty darned confident. They are all-in on the company’s long-term prospects. As of recent activity, it appears that insiders are determined to load up on BTBT shares. This is a sign of their confidence about the company’s long-term direction, despite the recent fall in stock value.

News of this strategic pivot sent Bit Digital’s share tumbling, falling almost 19% w-o-w to $1.86. This drop seems to have opened up some fertile ground for a company insider buying opportunity.

Insider Confidence Boosts Bit Digital

Chief Executive Samir Tabar had a lot of confidence in Bit Digital’s new course. Specifically, on June 25, he personally bought 750,000 shares at $2.00 per share. This substantial investment increased Tabar's total stake in the company to 2.1 million shares, underscoring his commitment to Bit Digital's success.

Putting further upside conviction behind this move, Director Jeffrey Pierce purchased 500,000 shares. The combined stock purchases by Tabar and Pierce inject $2.5 million of cash into the company. These measures, in our view, reflect the leadership’s deep conviction that Bit Digital is an undervalued gem that is on the brink of flourishing.

Strategic Accumulation and Future Outlook

We suspect insiders are accumulating BTBT on weakness under $2.00/share. Their approach is to take advantage of what they see as short-term market mispricing. We now have a price target of $4–$5 by late 2026, representing an expected era of robust acceleration.

You need to be willing to hold BTBT for at least 12-18 months. That timing aligns with when the company’s long-term strategic plan is projected to yield results. Staking Yield Growth The primary driver continues to be the revenue ramp-up from WhiteFiber’s High-Performance Computing (HPC) segment.

Ethereum Focus and Financial Positioning

Bit Digital’s strategic pivot to Ethereum is, of course, underpinned by its major holdings in both Ethereum and Bitcoin. At the end of March 2025, the company smartly held 24,434 ETH, valued at an astounding $44.6 million. On top of that, it held 417 BTC, worth $34.5 million. To fill that gap, the company intends to increase its ETH stake using proceeds from a recently announced $150 million public offering. This artistic move will deepen its commitment to Ethereum staking.

Ethereum's price has seen positive momentum, up approximately 30% year-to-date as of June 2025, bolstering the potential profitability of Bit Digital's staking operations. The company’s recent pivot to Ethereum staking is clearly designed to take advantage of this positive development and create more stable, long-term revenue streams.