Director Buys 500,000 Shares Bit Digital (BTBT)

Pierce Brock Jeffrey, Director, disclosed the purchase of 500,000 shares of Bit Digital (NASDAQ:BTBT) at $2 per share, totaling approximately $1 million, as reported in a Form 4 filing dated June 27, 2025. Jeffrey now directly owns 500,000 shares and indirectly owns 80,000 shares through Percival Services, LLC.How does the transaction size compare to this insider's historical activity?This purchase of 500,000 shares on June 25, 2025, is substantially above the insider's historical median trade size of 20,000 shares and above the 75th percentile of 260,000 shares, representing a significant increase in transaction magnitude.At what valuation levels did the insider transact relative to recent trading ranges?The $2 purchase price is approximately 11.7% below the 50-day moving average and 34.1% below the 200-day moving average, indicating buying activity at the lower end of recent trading ranges.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool