BTBT Stock Overview
Engages in the bitcoin mining business. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
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Bit Digital, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3.71 |
| 52 Week High | US$5.74 |
| 52 Week Low | US$1.76 |
| Beta | 4.83 |
| 1 Month Change | -7.71% |
| 3 Month Change | 21.64% |
| 1 Year Change | 12.08% |
| 3 Year Change | -45.20% |
| 5 Year Change | 828.43% |
| Change since IPO | -19.70% |
Recent News & Updates
Recent updates
Bit Digital, Inc.'s (NASDAQ:BTBT) P/S Is Still On The Mark Following 29% Share Price Bounce
Dec 01
Bit Digital, Inc.'s (NASDAQ:BTBT) 36% Jump Shows Its Popularity With Investors
Oct 06Bit Digital, Inc. (NASDAQ:BTBT) Looks Just Right With A 33% Price Jump
Jul 12Why Bit Digital's (NASDAQ:BTBT) Earnings Are Weaker Than They Seem
May 22Even With A 33% Surge, Cautious Investors Are Not Rewarding Bit Digital, Inc.'s (NASDAQ:BTBT) Performance Completely
May 21Earnings Beat: Bit Digital, Inc. (NASDAQ:BTBT) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their Forecasts
Mar 22Bit Digital: Bitcoin Halving Could Make Mining More Difficult
Mar 19Bit Digital, Inc. (NASDAQ:BTBT) Stocks Pounded By 31% But Not Lagging Industry On Growth Or Pricing
Mar 14We Think Bit Digital (NASDAQ:BTBT) Needs To Drive Business Growth Carefully
Feb 16Bit Digital, Inc. (NASDAQ:BTBT) Stocks Pounded By 27% But Not Lagging Industry On Growth Or Pricing
Jan 20Bit Digital: Still Buying This Small Cap Crypto Play
Jan 15We're Keeping An Eye On Bit Digital's (NASDAQ:BTBT) Cash Burn Rate
Oct 26Bit Digital gets cease-and-desist order for Blockfusion facility in Niagara Falls
Oct 07Crypto miner Bit Digital earned 145.3 Bitcoins in August, up 2% M/M
Sep 08Bit Digital reports Q2 results
Aug 30Bit Digital stock gains on securing 5MW hosting capacity
Aug 03Crypto miner Bit Digital bitcoin production jumps nearly 27% in June
Jul 12Bit Digital: Is It Better To Buy Bitcoin Instead?
Jun 21Bit Digital Stock: Is Now A Good Time To Buy, Sell, Or Hold?
Apr 22Bit Digital (NASDAQ:BTBT) Is Experiencing Growth In Returns On Capital
Apr 21Bit Digital: Future Looks Bright With Bitcoin Rebound
Mar 17Bit Digital: 'Out Of China' Bitcoin Mining Operations Update, Valuable Stock But Wait For Q4
Dec 13Bit Digital: A Potential Buy As They Relocate To North America
Sep 20Returns On Capital Are A Standout For Bit Digital (NASDAQ:BTBT)
Sep 17Market Still Discounting Bit Digital Despite China Issue Turning To Tactical Advantage
Aug 31Bit Digital, Inc. (NASDAQ:BTBT) Stock Catapults 162% Though Its Price And Business Still Lag The Market
Aug 22Shareholder Returns
| BTBT | US Software | US Market | |
|---|---|---|---|
| 7D | -17.0% | 1.0% | 0.1% |
| 1Y | 12.1% | 26.7% | 26.1% |
Return vs Industry: BTBT underperformed the US Software industry which returned 26.7% over the past year.
Return vs Market: BTBT underperformed the US Market which returned 26.1% over the past year.
Price Volatility
| BTBT volatility | |
|---|---|
| BTBT Average Weekly Movement | 16.4% |
| Software Industry Average Movement | 7.6% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: BTBT's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: BTBT's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2015 | 24 | Sam Tabar | www.bit-digital.com |
Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications.
Bit Digital, Inc. Fundamentals Summary
| BTBT fundamental statistics | |
|---|---|
| Market cap | US$623.14m |
| Earnings (TTM) | -US$2.69m |
| Revenue (TTM) | US$98.00m |
5.6x
P/S Ratio-203.6x
P/E RatioIs BTBT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BTBT income statement (TTM) | |
|---|---|
| Revenue | US$98.00m |
| Cost of Revenue | US$56.72m |
| Gross Profit | US$41.28m |
| Other Expenses | US$43.97m |
| Earnings | -US$2.69m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.018 |
| Gross Margin | 42.13% |
| Net Profit Margin | -2.75% |
| Debt/Equity Ratio | 0% |
How did BTBT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 22:33 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Bit Digital, Inc. is covered by 4 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nicholas Giles | B. Riley Securities, Inc. |
| Kevin Dede | H.C. Wainwright & Co. |
| Joseph Gomes | NOBLE Capital Markets, Inc. |