| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Bit Digital, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3.22 |
| 52 Week High | US$5.27 |
| 52 Week Low | US$1.76 |
| Beta | 4.91 |
| 11 Month Change | -15.49% |
| 3 Month Change | 29.84% |
| 1 Year Change | 40.00% |
| 33 Year Change | -75.17% |
| 5 Year Change | 607.38% |
| Change since IPO | -30.30% |
Recent News & Updates
Recent updates
Bit Digital, Inc. (NASDAQ:BTBT) Looks Just Right With A 33% Price Jump
Jul 12
Why 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 22Bit Digital: Bullish On Reset Expectations Following Bitcoin Crash
Jul 15We Think Shareholders Should Be Aware Of Some Factors Beyond Bit Digital's (NASDAQ:BTBT) Profit
May 13Bit Digital joins Foundry USA Pool adding up to 280 PH/s of compute power
May 05Shareholder Returns
| BTBT | US Software | US Market | |
|---|---|---|---|
| 7D | -15.9% | 0.3% | 0.06% |
| 1Y | 40.0% | 22.1% | 22.6% |
Return vs Industry: BTBT exceeded the US Software industry which returned 21.7% over the past year.
Return vs Market: BTBT exceeded the US Market which returned 22.2% over the past year.
Price Volatility
| BTBT volatility | |
|---|---|
| BTBT Average Weekly Movement | 18.1% |
| Software Industry Average Movement | 7.6% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: BTBT's share price has been volatile over the past 3 months.
Volatility Over Time: BTBT's weekly volatility (18%) 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$476.95m |
| Earnings (TTM) | US$28.92m |
| Revenue (TTM) | US$86.85m |
16.4x
P/E Ratio5.5x
P/S RatioIs BTBT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BTBT income statement (TTM) | |
|---|---|
| Revenue | US$86.85m |
| Cost of Revenue | US$50.04m |
| Gross Profit | US$36.81m |
| Other Expenses | US$7.89m |
| Earnings | US$28.92m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.20 |
| Gross Margin | 42.38% |
| Net Profit Margin | 33.30% |
| Debt/Equity Ratio | 0% |
How did BTBT perform over the long term?
See historical performance and comparison