View Past PerformanceBit Digital バランスシートの健全性財務の健全性 基準チェック /26Bit Digitalの総株主資本は$608.7M 、総負債は$334.2Mで、負債比率は54.9%となります。総資産と総負債はそれぞれ$1.2Bと$572.0Mです。主要情報54.90%負債資本比率US$334.19m負債インタレスト・カバレッジ・レシオn/a現金US$79.53mエクイティUS$608.68m負債合計US$572.00m総資産US$1.18b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesNew Risk • May 18New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$698m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$698m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (68% increase in shares outstanding).Reported Earnings • May 16First quarter 2026 earnings released: US$0.45 loss per share (vs US$0.32 loss in 1Q 2025)First quarter 2026 results: US$0.45 loss per share (further deteriorated from US$0.32 loss in 1Q 2025). Revenue: US$27.9m (up 13% from 1Q 2025). Net loss: US$146.7m (loss widened 154% from 1Q 2025). Revenue is forecast to grow 53% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.New Risk • May 16New major risk - Revenue and earnings growthEarnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (68% increase in shares outstanding). Minor Risk Less than 1 year of cash runway based on current free cash flow (-US$698m).お知らせ • May 13Bit Digital, Inc. Announces Appointment of Daniel Kennedy as Head of Investor RelationsBit Digital, Inc. announced the appointment of Daniel Kennedy as Head of Investor Relations. Daniel Kennedy is a former board member, advisor, and director of publicly listed digital asset, fintech, and AI infrastructure companies. He succeeds Cameron Schnier, who has served as Bit Digital's Head of Investor Relations since 2022 and will transition to a strategic advisor role at Bit Digital while continuing to lead investor relations for WhiteFiber. Kennedy brings experience across capital markets and investor relations, combining institutional market expertise with knowledge of digital assets, blockchain infrastructure, and AI/HPC markets, alongside a track record of translating complex industry developments into clear market communications. Kennedy's appointment comes as Bit Digital continues to expand its leadership team and execute on its Ethereum and AI-focused initiatives as one of the few publicly traded Strategic Asset Companies with exposure to both Ethereum infrastructure and AI/HPC assets.お知らせ • May 08Bit Digital, Inc. to Report Q1, 2026 Results on May 14, 2026Bit Digital, Inc. announced that they will report Q1, 2026 results After-Market on May 14, 2026New Risk • Apr 07New major risk - Revenue and earnings growthEarnings have declined by 1.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 1.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$575m). Currently unprofitable and not forecast to become profitable next year (US$28m net loss next year).New Risk • Apr 03New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$80m Forecast net loss in 2 years: US$10m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$575m). Currently unprofitable and not forecast to become profitable over next 2 years (US$10m net loss in 2 years).New Risk • Mar 29New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$575m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Minor Risk Less than 1 year of cash runway based on current free cash flow (-US$575m).Reported Earnings • Mar 29Full year 2025 earnings released: US$0.31 loss per share (vs US$0.20 profit in FY 2024)Full year 2025 results: US$0.31 loss per share (down from US$0.20 profit in FY 2024). Revenue: US$113.6m (up 5.6% from FY 2024). Net loss: US$80.3m (down 384% from profit in FY 2024). Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Mar 24Bit Digital, Inc. to Report Q4, 2025 Results on Mar 31, 2026Bit Digital, Inc. announced that they will report Q4, 2025 results After-Market on Mar 31, 2026Valuation Update With 7 Day Price Move • Feb 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to Mex$31.20, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Software industry globally. Total returns to shareholders of 12% over the past three years.Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to Mex$39.80, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 23x in the Software industry globally. Total returns to shareholders of 120% over the past three years.Valuation Update With 7 Day Price Move • Dec 18Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to Mex$35.50, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 23x in the Software industry globally. Total returns to shareholders of 209% over the past three years.お知らせ • Dec 14+ 1 more updateBit Digital, Inc. Announces Resignation of Xiashu (“Bill”) Xiong from the Board of Directors, Effective January 1, 2026Bit Digital, Inc. announced that on December 9, 2025 Xiashu (“Bill”) Xiong resigned from the Board of Directors (the “Board”) when the Board accepted his resignation, effective January 1, 2026. He has served on the Board since October 23, 2023.Recent Insider Transactions • Nov 25CFO, Secretary & Director recently sold Mex$59m worth of stockOn the 21st of November, Erke Huang sold around 2m shares on-market at roughly Mex$39.45 per share. This transaction amounted to 56% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Erke's only on-market trade for the last 12 months.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to Mex$38.08, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 22x in the Software industry globally. Total returns to shareholders of 112% over the past three years.Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: US$0.48 (vs US$0.26 loss in 3Q 2024)Third quarter 2025 results: EPS: US$0.48 (up from US$0.26 loss in 3Q 2024). Revenue: US$30.0m (up 32% from 3Q 2024). Net income: US$150.9m (up US$189.7m from 3Q 2024). Revenue is forecast to grow 49% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 08Bit Digital, Inc. to Report Q3, 2025 Results on Nov 14, 2025Bit Digital, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 14, 2025Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: US$0.072 (vs US$0.093 loss in 2Q 2024)Second quarter 2025 results: EPS: US$0.072 (up from US$0.093 loss in 2Q 2024). Revenue: US$25.3m (down 13% from 2Q 2024). Net income: US$14.9m (up US$26.8m from 2Q 2024). Profit margin: 59% (up from net loss in 2Q 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 11Bit Digital, Inc. to Report Q2, 2025 Results on Aug 14, 2025Bit Digital, Inc. announced that they will report Q2, 2025 results After-Market on Aug 14, 2025お知らせ • Jul 16Bit Digital, Inc. has completed a Follow-on Equity Offering in the amount of $67.32 million.Bit Digital, Inc. has completed a Follow-on Equity Offering in the amount of $67.32 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 22,000,000 Price\Range: $3.06 Discount Per Security: $0.1648 Transaction Features: Registered Direct Offeringお知らせ • Jul 15Bit Digital, Inc. has filed a Follow-on Equity Offering.Bit Digital, Inc. has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Transaction Features: Registered Direct Offeringお知らせ • Jun 26+ 1 more updateBit Digital, Inc. has completed a Follow-on Equity Offering in the amount of $150 million.Bit Digital, Inc. has completed a Follow-on Equity Offering in the amount of $150 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 75,000,000 Price\Range: $2 Discount Per Security: $0.1New Risk • Jun 25New major risk - Revenue and earnings growthEarnings have declined by 20% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (72% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (US$14m net loss in 2 years).Reported Earnings • May 16First quarter 2025 earnings released: US$0.32 loss per share (vs US$0.44 profit in 1Q 2024)First quarter 2025 results: US$0.32 loss per share (down from US$0.44 profit in 1Q 2024). Revenue: US$25.1m (down 17% from 1Q 2024). Net loss: US$57.7m (down 215% from profit in 1Q 2024). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • May 09Bit Digital, Inc. to Report Q1, 2025 Results on May 15, 2025Bit Digital, Inc. announced that they will report Q1, 2025 results After-Market on May 15, 2025お知らせ • May 01Bit Digital, Inc. has filed a Follow-on Equity Offering in the amount of $500 million.Bit Digital, Inc. has filed a Follow-on Equity Offering in the amount of $500 million. Security Name: Ordinary Shares Security Type: Common Stock Transaction Features: At the Market OfferingNew Risk • Apr 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. High level of non-cash earnings (54% accrual ratio). Shareholders have been substantially diluted in the past year (70% increase in shares outstanding).Valuation Update With 7 Day Price Move • Apr 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to Mex$36.00, the stock trades at a trailing P/E ratio of 11.9x. Average forward P/E is 21x in the Software industry globally. Total loss to shareholders of 40% over the past three years.お知らせ • Apr 14Bit Digital, Inc., Annual General Meeting, May 13, 2025Bit Digital, Inc., Annual General Meeting, May 13, 2025. Location: 31 hudson yards, floor 11, ny 10001, new york United StatesReported Earnings • Mar 15Full year 2024 earnings released: EPS: US$0.20 (vs US$0.16 loss in FY 2023)Full year 2024 results: EPS: US$0.20 (up from US$0.16 loss in FY 2023). Revenue: US$108.1m (up 141% from FY 2023). Net income: US$28.3m (up US$42.2m from FY 2023). Profit margin: 26% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.お知らせ • Mar 08Bit Digital, Inc. to Report Fiscal Year 2024 Results on Mar 14, 2025Bit Digital, Inc. announced that they will report fiscal year 2024 results Pre-Market on Mar 14, 2025New Risk • Jan 21New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$62m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$62m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (63% increase in shares outstanding).Breakeven Date Change • Nov 20Forecast breakeven date pushed back to 2025The 4 analysts covering Bit Digital previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of US$46.6m in 2025. Average annual earnings growth of 120% is required to achieve expected profit on schedule.Reported Earnings • Nov 19Third quarter 2024 earnings released: US$0.26 loss per share (vs US$0.081 loss in 3Q 2023)Third quarter 2024 results: US$0.26 loss per share (further deteriorated from US$0.081 loss in 3Q 2023). Revenue: US$22.7m (up 96% from 3Q 2023). Net loss: US$38.8m (loss widened 440% from 3Q 2023). Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.お知らせ • Nov 12Bit Digital, Inc. to Report Q3, 2024 Results on Nov 18, 2024Bit Digital, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 18, 2024Valuation Update With 7 Day Price Move • Nov 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to Mex$70.00, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Software industry globally. Total loss to shareholders of 72% over the past three years.お知らせ • Oct 15Bit Digital, Inc. (NasdaqCM:BTBT) acquired Enovum Data Centers for CAD $62.8 million.Bit Digital, Inc. (NasdaqCM:BTBT) acquired Enovum Data Centers for CAD $62.8 million on October 11, 2024. A cash consideration of CAD $56.8 million and 1.62 million shares will be issued by Bit Digital, Inc to Enovum. B. Riley Securities, Inc. acted as financial advisor for Bit Digital, Inc. Davies Ward Phillips & Vineberg LLP acted as legal advisor for Bit Digital, Inc. White & Case LLP acted as legal advisor for Bit Digital, Inc. Bit Digital, Inc. (NasdaqCM:BTBT) completed the acquisition of Enovum Data Centers for CAD $62.8 million on October 11, 2024.Valuation Update With 7 Day Price Move • Oct 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to Mex$60.00, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 20x in the Software industry globally. Total loss to shareholders of 73% over the past three years.Valuation Update With 7 Day Price Move • Sep 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to Mex$64.99, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Software industry globally. Total loss to shareholders of 66% over the past three years.Valuation Update With 7 Day Price Move • Aug 26Investor sentiment improves as stock rises 35%After last week's 35% share price gain to Mex$72.35, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the Software industry globally. Total loss to shareholders of 72% over the past three years.Reported Earnings • Aug 20Second quarter 2024 earnings released: US$0.093 loss per share (vs US$0.029 loss in 2Q 2023)Second quarter 2024 results: US$0.093 loss per share (further deteriorated from US$0.029 loss in 2Q 2023). Revenue: US$29.0m (up 220% from 2Q 2023). Net loss: US$12.0m (loss widened 393% from 2Q 2023). Revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings.お知らせ • Aug 16Bit Digital, Inc., Annual General Meeting, Sep 25, 2024Bit Digital, Inc., Annual General Meeting, Sep 25, 2024. Location: 31 hudson yards, floor 11, ny 10001., new york United StatesNew Risk • Aug 15New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 74% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings are forecast to decline by an average of 20% per year for the foreseeable future. High level of non-cash earnings (85% accrual ratio). Shareholders have been substantially diluted in the past year (74% increase in shares outstanding).お知らせ • Aug 13Bit Digital, Inc. to Report Q2, 2024 Results on Aug 19, 2024Bit Digital, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 19, 2024Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to Mex$56.02, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 18x in the Software industry globally. Total loss to shareholders of 81% over the past three years.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to Mex$74.01, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Software industry globally. Total loss to shareholders of 31% over the past three years.お知らせ • Jul 03Bit Digital, Inc.(NasdaqCM:BTBT) dropped from Russell 2500 Growth IndexBit Digital, Inc.(NasdaqCM:BTBT) dropped from Russell 2500 Growth IndexValuation Update With 7 Day Price Move • Jun 25Investor sentiment improves as stock rises 15%After last week's 15% share price gain to Mex$58.94, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Software industry globally. Total loss to shareholders of 59% over the past three years.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to Mex$49.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 19x in the Software industry globally. Total loss to shareholders of 70% over the past three years.Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to Mex$45.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 20x in the Software industry globally. Total loss to shareholders of 73% over the past three years.New Risk • May 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 151% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings are forecast to decline by an average of 151% per year for the foreseeable future. High level of non-cash earnings (85% accrual ratio). Minor Risk Shareholders have been diluted in the past year (47% increase in shares outstanding).Reported Earnings • May 16First quarter 2024 earnings released: EPS: US$0.44 (vs US$0.027 loss in 1Q 2023)First quarter 2024 results: EPS: US$0.44 (up from US$0.027 loss in 1Q 2023). Revenue: US$30.3m (up 267% from 1Q 2023). Net income: US$50.1m (up US$52.3m from 1Q 2023). Revenue is forecast to grow 45% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 41% per year, which means it has not declined as severely as earnings.お知らせ • May 10Bit Digital, Inc. to Report Q1, 2024 Results on May 15, 2024Bit Digital, Inc. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 15, 2024Reported Earnings • Mar 19Full year 2023 earnings released: US$0.16 loss per share (vs US$1.34 loss in FY 2022)Full year 2023 results: US$0.16 loss per share (improved from US$1.34 loss in FY 2022). Revenue: US$44.9m (up 39% from FY 2022). Net loss: US$13.9m (loss narrowed 87% from FY 2022). Revenue is forecast to grow 45% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Global Software industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.お知らせ • Mar 14Bit Digital, Inc. to Report Fiscal Year 2023 Results on Mar 18, 2024Bit Digital, Inc. announced that they will report fiscal year 2023 results at 4:00 PM, US Eastern Standard Time on Mar 18, 2024New Risk • Dec 13New major risk - Revenue and earnings growthEarnings have declined by 62% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$31m free cash flow). Shares are highly illiquid. Earnings have declined by 62% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (10% increase in shares outstanding).Reported Earnings • Nov 16Third quarter 2023 earnings released: US$0.081 loss per share (vs US$0.17 loss in 3Q 2022)Third quarter 2023 results: US$0.081 loss per share (improved from US$0.17 loss in 3Q 2022). Revenue: US$11.6m (up 27% from 3Q 2022). Net loss: US$7.18m (loss narrowed 50% from 3Q 2022). Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Global Software industry.Board Change • Nov 09High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 3 experienced directors. No highly experienced directors. CFO & Director Eric Huang is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Nov 04Bit Digital, Inc. Announces Board ChangesOn October 13, 2023, the Board of Directors of Bit Digital, Inc. (the “Company”) elected Jiashu (Bill) Xiong (“Xiong”) to the Board of Directors. He replaced his father, Yan Xiong, who resigned on that day for personal reasons. There were no disagreements with Yan Xiong. As recommended by the Company’s Nominating and Corporate Governance Committee, the Company entered into a Director Agreement with Xiong, pursuant to which Xiong shall serve as executive director on the Company’s Board of Directors effective October 13, 2023. Xiong has been actively developing open-source projects and startups since 2007. He had previously served as the IT Manager for the Agricultural Bank of China’s Canada from February 2017 to March 2023, he also served as an advisor to numerous software-as-a-service projects and startups. Xiong received a bachelor’s degree in Computer Science and Software Engineering from the University of Victoria. The Director Agreement provides for Xiong to serve on the Company’s subcommittees, the Board’s Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee, as reasonably requested. Xiong is receiving cash compensation for his services on the Board equal to $4,000 a year paid on a quarterly basis. Xiong is also receiving a salary of $68,000 as IT Director paid on a monthly basis. While Xiong is a member of the Board and for a twelve-month period following termination of the Director Agreement, he cannot have any connection with any business or venture that competes, directly or indirectly, with the Company. For a period of three (3) years from termination of the Director Agreement, Xiong is prohibited from interfering with the Company’s relationship with or seek to have any employee or customer of the Company leave the Company.お知らせ • Aug 25Bit Digital, Inc., Annual General Meeting, Sep 20, 2023Bit Digital, Inc., Annual General Meeting, Sep 20, 2023, at 09:00 Eastern Daylight. Location: Company’s principal executive offices, at 33 Irving Place, New York, NY 10003 New York 10003 United States Agenda: To elect our five existing directors for one-year terms concluding at the 2024 Annual Meeting of Shareholders or until each successor is duly elected and qualified; to approve the 2023 Omnibus Equity Incentive Plan; to ratify the appointment of the Company’s independent registered public accounting firm; and to consider other business matters.New Risk • Aug 17New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$27m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$27m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$28m net loss next year). Shareholders have been diluted in the past year (3.0% increase in shares outstanding).Reported Earnings • Aug 16Second quarter 2023 earnings released: US$0.029 loss per share (vs US$0.23 loss in 2Q 2022)Second quarter 2023 results: US$0.029 loss per share (improved from US$0.23 loss in 2Q 2022). Revenue: US$9.04m (up 33% from 2Q 2022). Net loss: US$2.43m (loss narrowed 87% from 2Q 2022). Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Global Software industry.Reported Earnings • Jun 14First quarter 2023 earnings released: US$0.027 loss per share (vs US$0.15 loss in 1Q 2022)First quarter 2023 results: US$0.027 loss per share (improved from US$0.15 loss in 1Q 2022). Revenue: US$8.26m (down 3.6% from 1Q 2022). Net loss: US$2.26m (loss narrowed 78% from 1Q 2022).Reported Earnings • May 01Full year 2022 earnings released: US$1.34 loss per share (vs US$0.018 loss in FY 2021)Full year 2022 results: US$1.34 loss per share (further deteriorated from US$0.018 loss in FY 2021). Revenue: US$32.3m (down 66% from FY 2021). Net loss: US$105.3m (loss widened US$104.3m from FY 2021).Board Change • Jan 03High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. CFO & Director Eric Huang is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Dec 08Third quarter 2022 earnings released: US$0.17 loss per share (vs US$0.37 loss in 3Q 2021)Third quarter 2022 results: US$0.17 loss per share (improved from US$0.37 loss in 3Q 2021). Revenue: US$9.13m (down 12% from 3Q 2021). Net loss: US$14.3m (loss narrowed 29% from 3Q 2021).Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. CFO & Director Eric Huang is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Aug 31Second quarter 2022 earnings released: US$0.23 loss per share (vs US$0.027 loss in 2Q 2021)Second quarter 2022 results: US$0.23 loss per share (down from US$0.027 loss in 2Q 2021). Revenue: US$6.82m (down 76% from 2Q 2021). Net loss: US$18.1m (loss widened US$16.8m from 2Q 2021).お知らせ • Aug 19Henri Arslanian Joins Advisory Board of Bit Digital, IncHenri Arslanian, Co-Founder and Managing Partner of Nine Blocks, has also joined the advisory board of Bit Digital, Inc.お知らせ • Jul 01Bit Digital, Inc., Annual General Meeting, Jul 29, 2022Bit Digital, Inc., Annual General Meeting, Jul 29, 2022, at 09:00 US Eastern Standard Time. Location: The Company’s principal executive offices, at 33 Irving Place New York New York United States Agenda: To elect the company's five existing directors for one-year terms concluding at the 2022 Annual Meeting of Shareholders or until each successor is duly elected and qualified; to authorize the Board of Directors to effect a reverse stock split at its discretion in the range of 1 for 3 ordinary shares to 1 for 6 ordinary shares and to increase the Company's authorised share capital thereafter; subject to approval by the Shareholders of Proposal 2 above and entirely conditional upon the approval of the Board of Directors in its discretion, with effect as of the date the Board of Directors may determine, to approve and adopt amended and restated memorandum and articles of association, in substitution for and to the exclusion of, the existing memorandum and articles of association of the Company; and to transact any other business that is properly brought before the Annual Meeting or any adjournment or postponement thereof.Reported Earnings • Jun 23First quarter 2022 earnings released: US$0.15 loss per share (vs US$0.74 profit in 1Q 2021)First quarter 2022 results: US$0.15 loss per share (down from US$0.74 profit in 1Q 2021). Revenue: US$8.57m (down 81% from 1Q 2021). Net loss: US$10.2m (down 128% from profit in 1Q 2021).Valuation Update With 7 Day Price Move • Jun 13Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to Mex$24.00, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 27x in the Software industry globally. Total loss to shareholders of 86% over the past year.Valuation Update With 7 Day Price Move • May 19Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to Mex$33.56, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 26x in the Software industry globally. Total loss to shareholders of 82% over the past year.Board Change • May 13High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. CFO & Director Eric Huang is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. CFO & Director Eric Huang is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to Mex$65.70, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 29x in the Software industry globally. Total loss to shareholders of 81% over the past year.お知らせ • Feb 25Bit Digital, Inc. Appoints Cameron Schnier as Head of Investor RelationsBit Digital announced that the company has appointed Cameron Schnier as Head of Investor Relations. He will report to Chief Strategy Officer Sam Tabar while overseeing investor relations activities, corporate marketing events, and liaising with equity research coverage. Prior to joining Bit Digital, Mr. Schnier was a Vice President at Wolfe Research covering both the Industrial Technology and Oilfield Services sectors from 2018 to 2021.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 28% share price gain to Mex$100.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 32x in the Software industry globally.Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to Mex$87.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 32x in the Software industry globally.Valuation Update With 7 Day Price Move • Jan 08Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to Mex$113, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 34x in the Software industry globally.Reported Earnings • Dec 25Third quarter 2021 earnings: EPS in line with expectations, revenues disappointThird quarter 2021 results: US$0.37 loss per share (down from US$0.002 profit in 3Q 2020). Revenue: US$10.4m (up 31% from 3Q 2020). Net loss: US$20.1m (down US$20.2m from profit in 3Q 2020). Revenue missed analyst estimates by 47%. Over the next year, revenue is forecast to grow 11%, compared to a 165% growth forecast for the industry in Mexico.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to Mex$176, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 34x in the Software industry globally.Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to Mex$196, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 34x in the Software industry globally.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 26% share price decline to Mex$144, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 34x in the Software industry globally.Valuation Update With 7 Day Price Move • Sep 09Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to Mex$220, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 37x in the Software industry globally.Reported Earnings • Aug 21Second quarter 2021 earnings released: US$0.027 loss per share (vs US$0.013 loss in 2Q 2020)The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: US$28.3m (up US$27.7m from 2Q 2020). Net loss: US$1.34m (loss widened 435% from 2Q 2020).Valuation Update With 7 Day Price Move • Aug 19Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to US$225, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 37x in the Software industry globally.Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improved over the past weekAfter last week's 60% share price gain to US$172, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 38x in the Software industry globally.Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to US$112, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 38x in the Software industry globally.Reported Earnings • May 08First quarter 2021 earnings released: EPS US$0.74 (vs US$0.011 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$44.0m (up US$43.6m from 1Q 2020). Net income: US$35.8m (up US$36.0m from 1Q 2020). Profit margin: 81% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue.お知らせ • Mar 20Kessler Topaz Meltzer & Check, LLP Announces Four Days Until Deadline in Securities Fraud Class Action Lawsuit Filed against Bit Digital, IncThe law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Bit Digital, Inc. on behalf of those who purchased or acquired Bit Digital securities between December 21, 2020 and January 11, 2021, inclusive (the “Class Period”). Important Deadline Reminder: Investors who purchased or acquired Bit Digital securities during the Class Period may, no later than March 22, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453 or Adrienne Bell, Esq. (484) 270-1435; toll free at (844) 887-9500; via e-mail atinfo@ktmc.com. According to the complaint, Bit Digital is a holding company that engages in the bitcoin mining business through its wholly owned subsidiaries in the United States and Hong Kong. The Class Period commences on December 21, 2020 when Bit Digital announced its revised third quarter 2020 financial results in a press release.お知らせ • Mar 17Block & Leviton LLP Files A Lawsuit Against Bit Digital, Inc. for Securities FraudBlock & Leviton LLP announced that is has filed a securities class action lawsuit on behalf of shareholders against Bit Digital, Inc. and certain of its executives. The lawsuit extends the class period in existing cases already on file. Investors who purchased BTBT shares between December 21, 2020 and January 11, 2021, and lost money are strongly encouraged to contact Block & Leviton attorneys. The deadline to seek appointment as lead plaintiff is March 22, 2021. On January 11, 2021, analyst J Capital Research published a report alleging that Bit Digital operates a “fake crypto currency business,” that is “designed to steal funds from investors.” J Capital continued that although Bit Digital claims “it was operating 22,869 bitcoin miners in China,” that this “is simply not possible.” J Capital wrote that it “verified with local governments supposedly hosting the BTBT mining operations that there are no bitcoin miners there.” J Capital alleged that “the bitcoin business BTBT discloses is completely fraudulent.” The market was stunned by this report, and Bit Digital’s stock price fell $6.27 in one day, or approximately 25%, to close at $18.76 on January 11, 2021. The case, captioned Nitcheu v. Bit Digital, Inc., et al., No. 1:21-cv-02262 (S.D.N.Y.), was filed in the U.S. District Court for the Southern District of New York. Additional related cases are also on file in the same Court before the Honorable Andrew L. Carter, Jr., including Pauwels v. Bit Digital, Inc., No. 1:21-cv-00515 (S.D.N.Y.), and Yang v. Bit Digital, Inc., No. 1:21-cv-00721 (S.D.N.Y.). The new Nitcheu action extends the class period to fall between December 21, 2020 and January 11, 2021. The deadline to move for lead plaintiff is March 22, 2021.お知らせ • Mar 14Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of Bit Digital, Inc. of Deadline in Securities Fraud Class Action LawsuitThe law firm of Kessler Topaz Meltzer & Check, LLP announced that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Bit Digital, Inc. on behalf of those who purchased or acquired Bit Digital securities between December 21, 2020 and January 8, 2021, inclusive. Bit Digital investors may, no later than March 22, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.お知らせ • Mar 04Pomerantz Law Firm Reminds Shareholders with Losses on Their Investment in Bit Digital, Inc. of Class Action LawsuitPomerantz LLP announced that a class action lawsuit has been filed against Bit Digital, Inc. and certain of its officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 21-cv-00721, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Bit Digital securities between December 21, 2020 and January 8, 2021, inclusive. Plaintiff pursues claims against the Defendants under the Securities Exchange Act of 1934.財務状況分析短期負債: BTBT Nの 短期資産 ( $499.7M ) が 短期負債 ( $78.5M ) を超えています。長期負債: BTBT Nの短期資産 ( $499.7M ) が 長期負債 ( $493.5M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: BTBT Nの 純負債対資本比率 ( 41.8% ) は 高い と見なされます。負債の削減: BTBT Nの負債対資本比率は、過去 5 年間で1.7%から54.9%に増加しました。貸借対照表キャッシュ・ランウェイ分析過去に平均して赤字であった企業については、少なくとも1年間のキャッシュ・ランウェイがあるかどうかを評価する。安定したキャッシュランウェイ: BTBT Nは、現在の フリーキャッシュフロー に基づくと、キャッシュランウェイ が 1 年未満です。キャッシュランウェイの予測: BTBT Nは、フリーキャッシュフローが毎年59.5 % の歴史的率で減少し続ける場合、キャッシュランウェイが 1 年未満になります。健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 18:30終値2026/05/20 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Bit Digital, Inc. 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Lucas PipesB. Riley Securities, Inc.Nicholas GilesB. Riley Securities, Inc.George SuttonCraig-Hallum Capital Group LLC3 その他のアナリストを表示
New Risk • May 18New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$698m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$698m free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (68% increase in shares outstanding).
Reported Earnings • May 16First quarter 2026 earnings released: US$0.45 loss per share (vs US$0.32 loss in 1Q 2025)First quarter 2026 results: US$0.45 loss per share (further deteriorated from US$0.32 loss in 1Q 2025). Revenue: US$27.9m (up 13% from 1Q 2025). Net loss: US$146.7m (loss widened 154% from 1Q 2025). Revenue is forecast to grow 53% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
New Risk • May 16New major risk - Revenue and earnings growthEarnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (68% increase in shares outstanding). Minor Risk Less than 1 year of cash runway based on current free cash flow (-US$698m).
お知らせ • May 13Bit Digital, Inc. Announces Appointment of Daniel Kennedy as Head of Investor RelationsBit Digital, Inc. announced the appointment of Daniel Kennedy as Head of Investor Relations. Daniel Kennedy is a former board member, advisor, and director of publicly listed digital asset, fintech, and AI infrastructure companies. He succeeds Cameron Schnier, who has served as Bit Digital's Head of Investor Relations since 2022 and will transition to a strategic advisor role at Bit Digital while continuing to lead investor relations for WhiteFiber. Kennedy brings experience across capital markets and investor relations, combining institutional market expertise with knowledge of digital assets, blockchain infrastructure, and AI/HPC markets, alongside a track record of translating complex industry developments into clear market communications. Kennedy's appointment comes as Bit Digital continues to expand its leadership team and execute on its Ethereum and AI-focused initiatives as one of the few publicly traded Strategic Asset Companies with exposure to both Ethereum infrastructure and AI/HPC assets.
お知らせ • May 08Bit Digital, Inc. to Report Q1, 2026 Results on May 14, 2026Bit Digital, Inc. announced that they will report Q1, 2026 results After-Market on May 14, 2026
New Risk • Apr 07New major risk - Revenue and earnings growthEarnings have declined by 1.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 1.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$575m). Currently unprofitable and not forecast to become profitable next year (US$28m net loss next year).
New Risk • Apr 03New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: US$80m Forecast net loss in 2 years: US$10m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$575m). Currently unprofitable and not forecast to become profitable over next 2 years (US$10m net loss in 2 years).
New Risk • Mar 29New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$575m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Minor Risk Less than 1 year of cash runway based on current free cash flow (-US$575m).
Reported Earnings • Mar 29Full year 2025 earnings released: US$0.31 loss per share (vs US$0.20 profit in FY 2024)Full year 2025 results: US$0.31 loss per share (down from US$0.20 profit in FY 2024). Revenue: US$113.6m (up 5.6% from FY 2024). Net loss: US$80.3m (down 384% from profit in FY 2024). Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Mar 24Bit Digital, Inc. to Report Q4, 2025 Results on Mar 31, 2026Bit Digital, Inc. announced that they will report Q4, 2025 results After-Market on Mar 31, 2026
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to Mex$31.20, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Software industry globally. Total returns to shareholders of 12% over the past three years.
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to Mex$39.80, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 23x in the Software industry globally. Total returns to shareholders of 120% over the past three years.
Valuation Update With 7 Day Price Move • Dec 18Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to Mex$35.50, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 23x in the Software industry globally. Total returns to shareholders of 209% over the past three years.
お知らせ • Dec 14+ 1 more updateBit Digital, Inc. Announces Resignation of Xiashu (“Bill”) Xiong from the Board of Directors, Effective January 1, 2026Bit Digital, Inc. announced that on December 9, 2025 Xiashu (“Bill”) Xiong resigned from the Board of Directors (the “Board”) when the Board accepted his resignation, effective January 1, 2026. He has served on the Board since October 23, 2023.
Recent Insider Transactions • Nov 25CFO, Secretary & Director recently sold Mex$59m worth of stockOn the 21st of November, Erke Huang sold around 2m shares on-market at roughly Mex$39.45 per share. This transaction amounted to 56% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Erke's only on-market trade for the last 12 months.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to Mex$38.08, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 22x in the Software industry globally. Total returns to shareholders of 112% over the past three years.
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: US$0.48 (vs US$0.26 loss in 3Q 2024)Third quarter 2025 results: EPS: US$0.48 (up from US$0.26 loss in 3Q 2024). Revenue: US$30.0m (up 32% from 3Q 2024). Net income: US$150.9m (up US$189.7m from 3Q 2024). Revenue is forecast to grow 49% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 08Bit Digital, Inc. to Report Q3, 2025 Results on Nov 14, 2025Bit Digital, Inc. announced that they will report Q3, 2025 results Pre-Market on Nov 14, 2025
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: US$0.072 (vs US$0.093 loss in 2Q 2024)Second quarter 2025 results: EPS: US$0.072 (up from US$0.093 loss in 2Q 2024). Revenue: US$25.3m (down 13% from 2Q 2024). Net income: US$14.9m (up US$26.8m from 2Q 2024). Profit margin: 59% (up from net loss in 2Q 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 11Bit Digital, Inc. to Report Q2, 2025 Results on Aug 14, 2025Bit Digital, Inc. announced that they will report Q2, 2025 results After-Market on Aug 14, 2025
お知らせ • Jul 16Bit Digital, Inc. has completed a Follow-on Equity Offering in the amount of $67.32 million.Bit Digital, Inc. has completed a Follow-on Equity Offering in the amount of $67.32 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 22,000,000 Price\Range: $3.06 Discount Per Security: $0.1648 Transaction Features: Registered Direct Offering
お知らせ • Jul 15Bit Digital, Inc. has filed a Follow-on Equity Offering.Bit Digital, Inc. has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Transaction Features: Registered Direct Offering
お知らせ • Jun 26+ 1 more updateBit Digital, Inc. has completed a Follow-on Equity Offering in the amount of $150 million.Bit Digital, Inc. has completed a Follow-on Equity Offering in the amount of $150 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 75,000,000 Price\Range: $2 Discount Per Security: $0.1
New Risk • Jun 25New major risk - Revenue and earnings growthEarnings have declined by 20% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (72% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable over next 2 years (US$14m net loss in 2 years).
Reported Earnings • May 16First quarter 2025 earnings released: US$0.32 loss per share (vs US$0.44 profit in 1Q 2024)First quarter 2025 results: US$0.32 loss per share (down from US$0.44 profit in 1Q 2024). Revenue: US$25.1m (down 17% from 1Q 2024). Net loss: US$57.7m (down 215% from profit in 1Q 2024). Revenue is forecast to grow 37% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • May 09Bit Digital, Inc. to Report Q1, 2025 Results on May 15, 2025Bit Digital, Inc. announced that they will report Q1, 2025 results After-Market on May 15, 2025
お知らせ • May 01Bit Digital, Inc. has filed a Follow-on Equity Offering in the amount of $500 million.Bit Digital, Inc. has filed a Follow-on Equity Offering in the amount of $500 million. Security Name: Ordinary Shares Security Type: Common Stock Transaction Features: At the Market Offering
New Risk • Apr 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. High level of non-cash earnings (54% accrual ratio). Shareholders have been substantially diluted in the past year (70% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Apr 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to Mex$36.00, the stock trades at a trailing P/E ratio of 11.9x. Average forward P/E is 21x in the Software industry globally. Total loss to shareholders of 40% over the past three years.
お知らせ • Apr 14Bit Digital, Inc., Annual General Meeting, May 13, 2025Bit Digital, Inc., Annual General Meeting, May 13, 2025. Location: 31 hudson yards, floor 11, ny 10001, new york United States
Reported Earnings • Mar 15Full year 2024 earnings released: EPS: US$0.20 (vs US$0.16 loss in FY 2023)Full year 2024 results: EPS: US$0.20 (up from US$0.16 loss in FY 2023). Revenue: US$108.1m (up 141% from FY 2023). Net income: US$28.3m (up US$42.2m from FY 2023). Profit margin: 26% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
お知らせ • Mar 08Bit Digital, Inc. to Report Fiscal Year 2024 Results on Mar 14, 2025Bit Digital, Inc. announced that they will report fiscal year 2024 results Pre-Market on Mar 14, 2025
New Risk • Jan 21New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$62m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$62m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (63% increase in shares outstanding).
Breakeven Date Change • Nov 20Forecast breakeven date pushed back to 2025The 4 analysts covering Bit Digital previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of US$46.6m in 2025. Average annual earnings growth of 120% is required to achieve expected profit on schedule.
Reported Earnings • Nov 19Third quarter 2024 earnings released: US$0.26 loss per share (vs US$0.081 loss in 3Q 2023)Third quarter 2024 results: US$0.26 loss per share (further deteriorated from US$0.081 loss in 3Q 2023). Revenue: US$22.7m (up 96% from 3Q 2023). Net loss: US$38.8m (loss widened 440% from 3Q 2023). Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
お知らせ • Nov 12Bit Digital, Inc. to Report Q3, 2024 Results on Nov 18, 2024Bit Digital, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 18, 2024
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to Mex$70.00, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Software industry globally. Total loss to shareholders of 72% over the past three years.
お知らせ • Oct 15Bit Digital, Inc. (NasdaqCM:BTBT) acquired Enovum Data Centers for CAD $62.8 million.Bit Digital, Inc. (NasdaqCM:BTBT) acquired Enovum Data Centers for CAD $62.8 million on October 11, 2024. A cash consideration of CAD $56.8 million and 1.62 million shares will be issued by Bit Digital, Inc to Enovum. B. Riley Securities, Inc. acted as financial advisor for Bit Digital, Inc. Davies Ward Phillips & Vineberg LLP acted as legal advisor for Bit Digital, Inc. White & Case LLP acted as legal advisor for Bit Digital, Inc. Bit Digital, Inc. (NasdaqCM:BTBT) completed the acquisition of Enovum Data Centers for CAD $62.8 million on October 11, 2024.
Valuation Update With 7 Day Price Move • Oct 10Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to Mex$60.00, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 20x in the Software industry globally. Total loss to shareholders of 73% over the past three years.
Valuation Update With 7 Day Price Move • Sep 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to Mex$64.99, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Software industry globally. Total loss to shareholders of 66% over the past three years.
Valuation Update With 7 Day Price Move • Aug 26Investor sentiment improves as stock rises 35%After last week's 35% share price gain to Mex$72.35, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the Software industry globally. Total loss to shareholders of 72% over the past three years.
Reported Earnings • Aug 20Second quarter 2024 earnings released: US$0.093 loss per share (vs US$0.029 loss in 2Q 2023)Second quarter 2024 results: US$0.093 loss per share (further deteriorated from US$0.029 loss in 2Q 2023). Revenue: US$29.0m (up 220% from 2Q 2023). Net loss: US$12.0m (loss widened 393% from 2Q 2023). Revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings.
お知らせ • Aug 16Bit Digital, Inc., Annual General Meeting, Sep 25, 2024Bit Digital, Inc., Annual General Meeting, Sep 25, 2024. Location: 31 hudson yards, floor 11, ny 10001., new york United States
New Risk • Aug 15New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 74% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings are forecast to decline by an average of 20% per year for the foreseeable future. High level of non-cash earnings (85% accrual ratio). Shareholders have been substantially diluted in the past year (74% increase in shares outstanding).
お知らせ • Aug 13Bit Digital, Inc. to Report Q2, 2024 Results on Aug 19, 2024Bit Digital, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 19, 2024
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment deteriorates as stock falls 25%After last week's 25% share price decline to Mex$56.02, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 18x in the Software industry globally. Total loss to shareholders of 81% over the past three years.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 19%After last week's 19% share price gain to Mex$74.01, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 18x in the Software industry globally. Total loss to shareholders of 31% over the past three years.
お知らせ • Jul 03Bit Digital, Inc.(NasdaqCM:BTBT) dropped from Russell 2500 Growth IndexBit Digital, Inc.(NasdaqCM:BTBT) dropped from Russell 2500 Growth Index
Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improves as stock rises 15%After last week's 15% share price gain to Mex$58.94, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Software industry globally. Total loss to shareholders of 59% over the past three years.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to Mex$49.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 19x in the Software industry globally. Total loss to shareholders of 70% over the past three years.
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to Mex$45.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 20x in the Software industry globally. Total loss to shareholders of 73% over the past three years.
New Risk • May 16New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 151% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings are forecast to decline by an average of 151% per year for the foreseeable future. High level of non-cash earnings (85% accrual ratio). Minor Risk Shareholders have been diluted in the past year (47% increase in shares outstanding).
Reported Earnings • May 16First quarter 2024 earnings released: EPS: US$0.44 (vs US$0.027 loss in 1Q 2023)First quarter 2024 results: EPS: US$0.44 (up from US$0.027 loss in 1Q 2023). Revenue: US$30.3m (up 267% from 1Q 2023). Net income: US$50.1m (up US$52.3m from 1Q 2023). Revenue is forecast to grow 45% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Global Software industry. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 41% per year, which means it has not declined as severely as earnings.
お知らせ • May 10Bit Digital, Inc. to Report Q1, 2024 Results on May 15, 2024Bit Digital, Inc. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 15, 2024
Reported Earnings • Mar 19Full year 2023 earnings released: US$0.16 loss per share (vs US$1.34 loss in FY 2022)Full year 2023 results: US$0.16 loss per share (improved from US$1.34 loss in FY 2022). Revenue: US$44.9m (up 39% from FY 2022). Net loss: US$13.9m (loss narrowed 87% from FY 2022). Revenue is forecast to grow 45% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Global Software industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 14Bit Digital, Inc. to Report Fiscal Year 2023 Results on Mar 18, 2024Bit Digital, Inc. announced that they will report fiscal year 2023 results at 4:00 PM, US Eastern Standard Time on Mar 18, 2024
New Risk • Dec 13New major risk - Revenue and earnings growthEarnings have declined by 62% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$31m free cash flow). Shares are highly illiquid. Earnings have declined by 62% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (10% increase in shares outstanding).
Reported Earnings • Nov 16Third quarter 2023 earnings released: US$0.081 loss per share (vs US$0.17 loss in 3Q 2022)Third quarter 2023 results: US$0.081 loss per share (improved from US$0.17 loss in 3Q 2022). Revenue: US$11.6m (up 27% from 3Q 2022). Net loss: US$7.18m (loss narrowed 50% from 3Q 2022). Revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Global Software industry.
Board Change • Nov 09High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 3 experienced directors. No highly experienced directors. CFO & Director Eric Huang is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Nov 04Bit Digital, Inc. Announces Board ChangesOn October 13, 2023, the Board of Directors of Bit Digital, Inc. (the “Company”) elected Jiashu (Bill) Xiong (“Xiong”) to the Board of Directors. He replaced his father, Yan Xiong, who resigned on that day for personal reasons. There were no disagreements with Yan Xiong. As recommended by the Company’s Nominating and Corporate Governance Committee, the Company entered into a Director Agreement with Xiong, pursuant to which Xiong shall serve as executive director on the Company’s Board of Directors effective October 13, 2023. Xiong has been actively developing open-source projects and startups since 2007. He had previously served as the IT Manager for the Agricultural Bank of China’s Canada from February 2017 to March 2023, he also served as an advisor to numerous software-as-a-service projects and startups. Xiong received a bachelor’s degree in Computer Science and Software Engineering from the University of Victoria. The Director Agreement provides for Xiong to serve on the Company’s subcommittees, the Board’s Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee, as reasonably requested. Xiong is receiving cash compensation for his services on the Board equal to $4,000 a year paid on a quarterly basis. Xiong is also receiving a salary of $68,000 as IT Director paid on a monthly basis. While Xiong is a member of the Board and for a twelve-month period following termination of the Director Agreement, he cannot have any connection with any business or venture that competes, directly or indirectly, with the Company. For a period of three (3) years from termination of the Director Agreement, Xiong is prohibited from interfering with the Company’s relationship with or seek to have any employee or customer of the Company leave the Company.
お知らせ • Aug 25Bit Digital, Inc., Annual General Meeting, Sep 20, 2023Bit Digital, Inc., Annual General Meeting, Sep 20, 2023, at 09:00 Eastern Daylight. Location: Company’s principal executive offices, at 33 Irving Place, New York, NY 10003 New York 10003 United States Agenda: To elect our five existing directors for one-year terms concluding at the 2024 Annual Meeting of Shareholders or until each successor is duly elected and qualified; to approve the 2023 Omnibus Equity Incentive Plan; to ratify the appointment of the Company’s independent registered public accounting firm; and to consider other business matters.
New Risk • Aug 17New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$27m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$27m free cash flow). Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$28m net loss next year). Shareholders have been diluted in the past year (3.0% increase in shares outstanding).
Reported Earnings • Aug 16Second quarter 2023 earnings released: US$0.029 loss per share (vs US$0.23 loss in 2Q 2022)Second quarter 2023 results: US$0.029 loss per share (improved from US$0.23 loss in 2Q 2022). Revenue: US$9.04m (up 33% from 2Q 2022). Net loss: US$2.43m (loss narrowed 87% from 2Q 2022). Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Global Software industry.
Reported Earnings • Jun 14First quarter 2023 earnings released: US$0.027 loss per share (vs US$0.15 loss in 1Q 2022)First quarter 2023 results: US$0.027 loss per share (improved from US$0.15 loss in 1Q 2022). Revenue: US$8.26m (down 3.6% from 1Q 2022). Net loss: US$2.26m (loss narrowed 78% from 1Q 2022).
Reported Earnings • May 01Full year 2022 earnings released: US$1.34 loss per share (vs US$0.018 loss in FY 2021)Full year 2022 results: US$1.34 loss per share (further deteriorated from US$0.018 loss in FY 2021). Revenue: US$32.3m (down 66% from FY 2021). Net loss: US$105.3m (loss widened US$104.3m from FY 2021).
Board Change • Jan 03High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. CFO & Director Eric Huang is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Dec 08Third quarter 2022 earnings released: US$0.17 loss per share (vs US$0.37 loss in 3Q 2021)Third quarter 2022 results: US$0.17 loss per share (improved from US$0.37 loss in 3Q 2021). Revenue: US$9.13m (down 12% from 3Q 2021). Net loss: US$14.3m (loss narrowed 29% from 3Q 2021).
Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. CFO & Director Eric Huang is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Aug 31Second quarter 2022 earnings released: US$0.23 loss per share (vs US$0.027 loss in 2Q 2021)Second quarter 2022 results: US$0.23 loss per share (down from US$0.027 loss in 2Q 2021). Revenue: US$6.82m (down 76% from 2Q 2021). Net loss: US$18.1m (loss widened US$16.8m from 2Q 2021).
お知らせ • Aug 19Henri Arslanian Joins Advisory Board of Bit Digital, IncHenri Arslanian, Co-Founder and Managing Partner of Nine Blocks, has also joined the advisory board of Bit Digital, Inc.
お知らせ • Jul 01Bit Digital, Inc., Annual General Meeting, Jul 29, 2022Bit Digital, Inc., Annual General Meeting, Jul 29, 2022, at 09:00 US Eastern Standard Time. Location: The Company’s principal executive offices, at 33 Irving Place New York New York United States Agenda: To elect the company's five existing directors for one-year terms concluding at the 2022 Annual Meeting of Shareholders or until each successor is duly elected and qualified; to authorize the Board of Directors to effect a reverse stock split at its discretion in the range of 1 for 3 ordinary shares to 1 for 6 ordinary shares and to increase the Company's authorised share capital thereafter; subject to approval by the Shareholders of Proposal 2 above and entirely conditional upon the approval of the Board of Directors in its discretion, with effect as of the date the Board of Directors may determine, to approve and adopt amended and restated memorandum and articles of association, in substitution for and to the exclusion of, the existing memorandum and articles of association of the Company; and to transact any other business that is properly brought before the Annual Meeting or any adjournment or postponement thereof.
Reported Earnings • Jun 23First quarter 2022 earnings released: US$0.15 loss per share (vs US$0.74 profit in 1Q 2021)First quarter 2022 results: US$0.15 loss per share (down from US$0.74 profit in 1Q 2021). Revenue: US$8.57m (down 81% from 1Q 2021). Net loss: US$10.2m (down 128% from profit in 1Q 2021).
Valuation Update With 7 Day Price Move • Jun 13Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to Mex$24.00, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 27x in the Software industry globally. Total loss to shareholders of 86% over the past year.
Valuation Update With 7 Day Price Move • May 19Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to Mex$33.56, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 26x in the Software industry globally. Total loss to shareholders of 82% over the past year.
Board Change • May 13High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. CFO & Director Eric Huang is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. CFO & Director Eric Huang is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to Mex$65.70, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 29x in the Software industry globally. Total loss to shareholders of 81% over the past year.
お知らせ • Feb 25Bit Digital, Inc. Appoints Cameron Schnier as Head of Investor RelationsBit Digital announced that the company has appointed Cameron Schnier as Head of Investor Relations. He will report to Chief Strategy Officer Sam Tabar while overseeing investor relations activities, corporate marketing events, and liaising with equity research coverage. Prior to joining Bit Digital, Mr. Schnier was a Vice President at Wolfe Research covering both the Industrial Technology and Oilfield Services sectors from 2018 to 2021.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 28% share price gain to Mex$100.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 32x in the Software industry globally.
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 25% share price decline to Mex$87.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 32x in the Software industry globally.
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to Mex$113, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 34x in the Software industry globally.
Reported Earnings • Dec 25Third quarter 2021 earnings: EPS in line with expectations, revenues disappointThird quarter 2021 results: US$0.37 loss per share (down from US$0.002 profit in 3Q 2020). Revenue: US$10.4m (up 31% from 3Q 2020). Net loss: US$20.1m (down US$20.2m from profit in 3Q 2020). Revenue missed analyst estimates by 47%. Over the next year, revenue is forecast to grow 11%, compared to a 165% growth forecast for the industry in Mexico.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to Mex$176, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 34x in the Software industry globally.
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to Mex$196, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 34x in the Software industry globally.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorated over the past weekAfter last week's 26% share price decline to Mex$144, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 34x in the Software industry globally.
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to Mex$220, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 37x in the Software industry globally.
Reported Earnings • Aug 21Second quarter 2021 earnings released: US$0.027 loss per share (vs US$0.013 loss in 2Q 2020)The company reported a solid second quarter result with improved revenues and control over costs, although losses increased. Second quarter 2021 results: Revenue: US$28.3m (up US$27.7m from 2Q 2020). Net loss: US$1.34m (loss widened 435% from 2Q 2020).
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to US$225, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 37x in the Software industry globally.
Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improved over the past weekAfter last week's 60% share price gain to US$172, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 38x in the Software industry globally.
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to US$112, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 38x in the Software industry globally.
Reported Earnings • May 08First quarter 2021 earnings released: EPS US$0.74 (vs US$0.011 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$44.0m (up US$43.6m from 1Q 2020). Net income: US$35.8m (up US$36.0m from 1Q 2020). Profit margin: 81% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue.
お知らせ • Mar 20Kessler Topaz Meltzer & Check, LLP Announces Four Days Until Deadline in Securities Fraud Class Action Lawsuit Filed against Bit Digital, IncThe law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Bit Digital, Inc. on behalf of those who purchased or acquired Bit Digital securities between December 21, 2020 and January 11, 2021, inclusive (the “Class Period”). Important Deadline Reminder: Investors who purchased or acquired Bit Digital securities during the Class Period may, no later than March 22, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453 or Adrienne Bell, Esq. (484) 270-1435; toll free at (844) 887-9500; via e-mail atinfo@ktmc.com. According to the complaint, Bit Digital is a holding company that engages in the bitcoin mining business through its wholly owned subsidiaries in the United States and Hong Kong. The Class Period commences on December 21, 2020 when Bit Digital announced its revised third quarter 2020 financial results in a press release.
お知らせ • Mar 17Block & Leviton LLP Files A Lawsuit Against Bit Digital, Inc. for Securities FraudBlock & Leviton LLP announced that is has filed a securities class action lawsuit on behalf of shareholders against Bit Digital, Inc. and certain of its executives. The lawsuit extends the class period in existing cases already on file. Investors who purchased BTBT shares between December 21, 2020 and January 11, 2021, and lost money are strongly encouraged to contact Block & Leviton attorneys. The deadline to seek appointment as lead plaintiff is March 22, 2021. On January 11, 2021, analyst J Capital Research published a report alleging that Bit Digital operates a “fake crypto currency business,” that is “designed to steal funds from investors.” J Capital continued that although Bit Digital claims “it was operating 22,869 bitcoin miners in China,” that this “is simply not possible.” J Capital wrote that it “verified with local governments supposedly hosting the BTBT mining operations that there are no bitcoin miners there.” J Capital alleged that “the bitcoin business BTBT discloses is completely fraudulent.” The market was stunned by this report, and Bit Digital’s stock price fell $6.27 in one day, or approximately 25%, to close at $18.76 on January 11, 2021. The case, captioned Nitcheu v. Bit Digital, Inc., et al., No. 1:21-cv-02262 (S.D.N.Y.), was filed in the U.S. District Court for the Southern District of New York. Additional related cases are also on file in the same Court before the Honorable Andrew L. Carter, Jr., including Pauwels v. Bit Digital, Inc., No. 1:21-cv-00515 (S.D.N.Y.), and Yang v. Bit Digital, Inc., No. 1:21-cv-00721 (S.D.N.Y.). The new Nitcheu action extends the class period to fall between December 21, 2020 and January 11, 2021. The deadline to move for lead plaintiff is March 22, 2021.
お知らせ • Mar 14Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of Bit Digital, Inc. of Deadline in Securities Fraud Class Action LawsuitThe law firm of Kessler Topaz Meltzer & Check, LLP announced that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Bit Digital, Inc. on behalf of those who purchased or acquired Bit Digital securities between December 21, 2020 and January 8, 2021, inclusive. Bit Digital investors may, no later than March 22, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
お知らせ • Mar 04Pomerantz Law Firm Reminds Shareholders with Losses on Their Investment in Bit Digital, Inc. of Class Action LawsuitPomerantz LLP announced that a class action lawsuit has been filed against Bit Digital, Inc. and certain of its officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 21-cv-00721, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Bit Digital securities between December 21, 2020 and January 8, 2021, inclusive. Plaintiff pursues claims against the Defendants under the Securities Exchange Act of 1934.