BTC Digital (BTCT, Financial) has officially initiated its strategic reserve program for Bitcoin and Ethereum. This initiative aims to capitalize on the increasing on-chain adoption of stablecoins and tangible assets. Following the recent establishment of a $1 million Ethereum reserve, BTCT has now completed a $1 million Bitcoin reserve. The company plans to expand its total crypto strategic reserves to over $10 million by the close of 2025.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for BTC Digital Ltd (BTCT, Financial) is $5.00 with a high estimate of $5.00 and a low estimate of $5.00. The average target implies an upside of 17.65% from the current price of $4.25. More detailed estimate data can be found on the BTC Digital Ltd (BTCT) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, BTC Digital Ltd's (BTCT, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.