BITD Plunges 8.54% Amid Crypto Selloff as Bitcoin Drives Sector-Wide Jitters

Bit Digital Inc. plunged 8.5366% in pre-market trading on Dec. 15, 2025, marking one of the sharpest declines in its recent history amid heightened market volatility. The move followed a broader selloff in crypto-related assets as investors recalibrated positions ahead of key macroeconomic data releases.

The sharp drop came despite recent strategic updates from the company, including expanded mining operations in Texas and a renewed focus on cost optimization. Analysts noted that the sell-off appeared more reflective of sector-wide jitters than company-specific concerns, with Bitcoin’s 2% retreat below $45,000 amplifying risk-off sentiment across digital asset equities.

Short-term technical indicators show the stock testing critical support levels, raising questions about near-term stability. However, long-term holders remain cautiously optimistic, citing Bit Digital’s strengthened balance sheet and recent infrastructure upgrades. The stock now trades at a 25% discount to its 52-week high, presenting potential entry points for value-oriented investors.

Market participants will closely watch the Federal Reserve’s policy signals later this week, which could determine the trajectory of risk assets. Bit Digital’s response to the current downturn, particularly its ability to maintain operational throughput while managing debt, will be pivotal in shaping investor confidence ahead of Q4 earnings.

Analysts are also tracking the broader implications of the decline on the digital asset equities sector, with many questioning whether the selloff is a short-term correction or the beginning of a larger bearish trend. Technical analysts are keeping a close eye on whether the stock can hold above its 50-day moving average or if it will break down into a more bearish pattern.

Despite the near-term headwinds, many believe the company’s long-term fundamentals remain intact. With a strong foothold in the Texas mining space and a clear roadmap for cost reduction, Bit Digital is seen as a potential turnaround candidate for investors willing to ride out the current volatility.