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Bit Digital NasdaqCM:BTBT Stock Report

Last Price

US$2.68

Market Cap

US$243.2m

7D

-12.7%

1Y

111.0%

Updated

25 Feb, 2024

Data

Company Financials +

Bit Digital, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bit Digital
Historical stock prices
Current Share PriceUS$2.68
52 Week HighUS$5.27
52 Week LowUS$0.97
Beta4.85
1 Month Change-4.29%
3 Month Change15.02%
1 Year Change111.02%
3 Year Change-81.84%
5 Year Change-75.16%
Change since IPO-41.99%

Recent News & Updates

We Think Bit Digital (NASDAQ:BTBT) Needs To Drive Business Growth Carefully

Feb 16
We Think Bit Digital (NASDAQ:BTBT) Needs To Drive Business Growth Carefully

Bit Digital, Inc. (NASDAQ:BTBT) Stocks Pounded By 27% But Not Lagging Industry On Growth Or Pricing

Jan 20
Bit Digital, Inc. (NASDAQ:BTBT) Stocks Pounded By 27% But Not Lagging Industry On Growth Or Pricing

Bit Digital: Still Buying This Small Cap Crypto Play

Jan 15

Recent updates

We Think Bit Digital (NASDAQ:BTBT) Needs To Drive Business Growth Carefully

Feb 16
We Think Bit Digital (NASDAQ:BTBT) Needs To Drive Business Growth Carefully

Bit Digital, Inc. (NASDAQ:BTBT) Stocks Pounded By 27% But Not Lagging Industry On Growth Or Pricing

Jan 20
Bit Digital, Inc. (NASDAQ:BTBT) Stocks Pounded By 27% But Not Lagging Industry On Growth Or Pricing

Bit Digital: Still Buying This Small Cap Crypto Play

Jan 15

We're Keeping An Eye On Bit Digital's (NASDAQ:BTBT) Cash Burn Rate

Oct 26
We're Keeping An Eye On Bit Digital's (NASDAQ:BTBT) Cash Burn Rate

Bit Digital gets cease-and-desist order for Blockfusion facility in Niagara Falls

Oct 07

Crypto miner Bit Digital earned 145.3 Bitcoins in August, up 2% M/M

Sep 08

Bit Digital reports Q2 results

Aug 30

Bit Digital stock gains on securing 5MW hosting capacity

Aug 03

Crypto miner Bit Digital bitcoin production jumps nearly 27% in June

Jul 12

Bit Digital: Is It Better To Buy Bitcoin Instead?

Jun 21

Bit Digital Stock: Is Now A Good Time To Buy, Sell, Or Hold?

Apr 22

Bit Digital (NASDAQ:BTBT) Is Experiencing Growth In Returns On Capital

Apr 21
Bit Digital (NASDAQ:BTBT) Is Experiencing Growth In Returns On Capital

Bit Digital: Future Looks Bright With Bitcoin Rebound

Mar 17

Bit Digital: 'Out Of China' Bitcoin Mining Operations Update, Valuable Stock But Wait For Q4

Dec 13

Bit Digital: A Potential Buy As They Relocate To North America

Sep 20

Returns On Capital Are A Standout For Bit Digital (NASDAQ:BTBT)

Sep 17
Returns On Capital Are A Standout For Bit Digital (NASDAQ:BTBT)

Market Still Discounting Bit Digital Despite China Issue Turning To Tactical Advantage

Aug 31

Bit Digital, Inc. (NASDAQ:BTBT) Stock Catapults 162% Though Its Price And Business Still Lag The Market

Aug 22
Bit Digital, Inc. (NASDAQ:BTBT) Stock Catapults 162% Though Its Price And Business Still Lag The Market

Bit Digital: Bullish On Reset Expectations Following Bitcoin Crash

Jul 15

We Think Shareholders Should Be Aware Of Some Factors Beyond Bit Digital's (NASDAQ:BTBT) Profit

May 13
We Think Shareholders Should Be Aware Of Some Factors Beyond Bit Digital's (NASDAQ:BTBT) Profit

Bit Digital joins Foundry USA Pool adding up to 280 PH/s of compute power

May 05

Bit Digital leads crypto-related weakness amid short seller report

Jan 11

Bit Digital: Crypto Miner Benefiting From The Bitcoin Bull Market

Dec 23

Bit Digital reports Q3 results

Dec 18

Bit Digital acquires $13.9M worth bitcoin miners

Dec 04

Shareholder Returns

BTBTUS SoftwareUS Market
7D-12.7%0.2%1.3%
1Y111.0%59.2%25.6%

Return vs Industry: BTBT exceeded the US Software industry which returned 59.2% over the past year.

Return vs Market: BTBT exceeded the US Market which returned 25.6% over the past year.

Price Volatility

Is BTBT's price volatile compared to industry and market?
BTBT volatility
BTBT Average Weekly Movement16.1%
Software Industry Average Movement7.6%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: BTBT's share price has been volatile over the past 3 months.

Volatility Over Time: BTBT's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201518Sam Tabarhttps://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. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020.

Bit Digital, Inc. Fundamentals Summary

How do Bit Digital's earnings and revenue compare to its market cap?
BTBT fundamental statistics
Market capUS$243.23m
Earnings (TTM)-US$80.56m
Revenue (TTM)US$36.64m

6.6x

P/S Ratio

-3.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BTBT income statement (TTM)
RevenueUS$36.64m
Cost of RevenueUS$25.65m
Gross ProfitUS$10.99m
Other ExpensesUS$91.55m
Earnings-US$80.56m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.89
Gross Margin30.00%
Net Profit Margin-219.87%
Debt/Equity Ratio0%

How did BTBT perform over the long term?

See historical performance and comparison
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