Bit Digital Management
Management criteria checks 2/4
Bit Digital's CEO is Sam Tabar, appointed in Mar 2023, has a tenure of 1.75 years. total yearly compensation is $1.74M, comprised of 28.7% salary and 71.3% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth $1.66M. The average tenure of the management team and the board of directors is 1.5 years and 3.7 years respectively.
Key information
Sam Tabar
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 28.7% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 1.5yrs |
| Board average tenure | 3.7yrs |
Recent management 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 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$3m |
| Jun 30 2024 | n/a | n/a | US$29m |
| Mar 31 2024 | n/a | n/a | US$38m |
| Dec 31 2023 | US$2m | US$500k | -US$14m |
| Sep 30 2023 | n/a | n/a | -US$81m |
| Jun 30 2023 | n/a | n/a | -US$88m |
| Mar 31 2023 | n/a | n/a | -US$103m |
| Dec 31 2022 | US$500k | US$500k | -US$105m |
| Sep 30 2022 | n/a | n/a | -US$52m |
| Jun 30 2022 | n/a | n/a | -US$58m |
| Mar 31 2022 | n/a | n/a | -US$41m |
| Dec 31 2021 | US$3m | US$94k | -US$1m |
Compensation vs Market: Sam's total compensation ($USD1.74M) is about average for companies of similar size in the US market ($USD2.15M).
Compensation vs Earnings: Sam's compensation has increased whilst the company is unprofitable.
CEO
Sam Tabar (50 yo)
1.8yrs
Tenure
US$1,739,500
Compensation
Mr. Samir Tabar, also known as Sam, served as Chief Strategy Officer at Bit Digital, Inc. since March 31, 2021 until March 31, 2023 and serves as its Chief Executive Officer since March 31, 2023. He has se...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | 1.8yrs | US$1.74m | 0.34% $ 1.7m | |
| CFO & Director | 5.2yrs | US$3.54m | 0.10% $ 499.5k | |
| Chief Technology Officer | less than a year | no data | no data | |
| Head of Investor Relations | 2.8yrs | no data | no data | |
| Executive Director | 1.2yrs | no data | no data | |
| Managing Director | 2.9yrs | no data | no data | |
| Senior Vice President of Finance | 3.4yrs | no data | no data | |
| Head of Revenue | less than a year | no data | no data | |
| Chief Technology Officer in Enovum | less than a year | no data | no data | |
| Chief Executive Officer of Enovum | less than a year | no data | no data |
1.5yrs
Average Tenure
35yo
Average Age
Experienced Management: BTBT's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CFO & Director | 5.2yrs | US$3.54m | 0.10% $ 499.5k | |
| Executive Director | 1.2yrs | no data | no data | |
| Independent Director | 3.2yrs | no data | 0.041% $ 199.8k | |
| Independent Chairman of the Board | 4.3yrs | no data | no data | |
| Independent Director | 4.3yrs | no data | 0.020% $ 99.9k | |
| Senior Advisor | 1.8yrs | US$500.00k | 0% $ 0 |
3.7yrs
Average Tenure
47yo
Average Age
Experienced Board: BTBT's board of directors are considered experienced (3.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 22:30 |
| End of Day Share Price | 2024/12/27 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
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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 5 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 |
|---|---|
| Lucas Pipes | B. Riley Securities, Inc. |
| Nicholas Giles | B. Riley Securities, Inc. |
| Kevin Dede | H.C. Wainwright & Co. |