How to Buy Bit Digital Stock
Bit Digital Inc
Bit Digital, Inc. , together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities.
Bit Digital stock last closed at $2.49, down 4.23% from the previous day, and has decreased 10.75% in one year. It has underperformed other stocks in the Capital Markets industry by 0.39 percentage points. Bit Digital stock is currently +47.34% from its 52-week low of $1.69, and -56.62% from its 52-week high of $5.74.
There are currently 207.78M shares of BTBT outstanding. The market value of BTBT is $517.37M. In the past 24 hours, 10.31M BTBT shares were traded.
How to Buy Bit Digital Stock
Not sure how to invest in Bit Digital stock? Here's how.
- Figure out where to buy Bit Digital stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Bit Digital stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your method of payment and add your information.
- Evaluate Bit Digital stock: The Bit Digital ticker symbol is BTBT. Is Bit Digital stock a good investment? Should you buy shares of BTBT? How do BTBT's underlying business fundamentals look? Do top analysts think Bit Digital is a good buy? Why has BTBT's stock price moved recently? (Hint: Our stock research website can help you decide if BTBT is a good stock to buy).
- Place your BTBT trade: Decide if you will purchase BTBT shares at the current market price or use a limit order to buy BTBT stock at a specific price.
- Get key alerts regarding your BTBT investment: Create a watchlist to monitor your new investment in Bit Digital stock.
Step 1: Figure out where to buy Bit Digital stock
You need a brokerage account to access the NASDAQ market and buy BTBT shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal information so you can buy BTBT today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create a new brokerage account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've created your account on the highest rated stock app, you can securely and quickly fund your account:
Watch the video below to see the process of depositing funds into your investment account.
Step 4: Evaluate Bit Digital stock
After you have figured out the best place to buy Bit Digital stock, it's absolutely critical to research their stock prior to investing, so you can wrap your head around the risk as well as the upside.
Bit Digital shares at a glance
BTBT Overview
WallStreetZen was built to help average investors perform better fundamental analysis.
You can see all of the due diligence checks on BTBT's stock page.
What is the fair value of BTBT stock?
You can use many financial metrics, analyses, models, and charts to gauge BTBT's true value.
Using relative valuations ratios:
- BTBT may be undervalued based on its P/B ratio of 1.24x, relative to Capital Markets industry P/B ratio of 2.32x
You can access additional valuation analysis on BTBT's stock here.
A look at BTBT Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the BTBT balance sheet.
- BTBT has cash burn of 132434786. It has sufficient cash and short-term investments to cover this for at least one year.
- BTBT has a low debt to equity ratio of 0.16.
- There are more short-term assets than long-term liabilities on the BTBT balance sheet.
Failed Financial Due Diligence Checks:
- BTBT has $143.99M in cash and short term investments. This is not enough to cover its annual cash burn of $132.43M.
- BTBT profit margin has gone down from 57.4% to -77.3% in the past year.
Do Wall Street analysts think it's a good time to buy Bit Digital stock
Out of 2 Wall Street analysts who give ratings on BTBT, the consensus analyst rating on Bit Digital is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Bit Digital stock forecast page.
BTBT Technical Indicators
BTBT Performance Numbers
Last year, BTBT revenue was $102.87M. In the last 4 year, BTBT's revenue has grown by 12.16% per year. This was slower than the Capital Markets industry average of 16.71%.
You can research BTBT's earnings and revenue performance here.
Latest Insiders Trades at BTBT
Over the past year, executives and large shareholders at BTBT have bought more shares than they have sold.
Brock Jeffrey Pierce, Director of BTBT, was the latest BTBT insider to buy. They bought $200.00 worth of BTBT stock on Jan 14, 2025.
Get more info about who owns BTBT shares here.
Does BTBT provide a stable income stream?
No, Bit Digital doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your BTBT trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, use a limit order.
Press the Open Trade button and eToro will place the order.
If you require more help investing in stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your BTBT investment
Now that you own some BTBT stock, you'll want to stay up-to-date on your new investment.
Create a watchlist to get the latest updates about your BTBT stock.
BTBT Feed
How to Buy Stock in Bit Digital
To reiterate, here are the 6 steps to buy stock in Bit Digital:
- Figure out where to buy Bit Digital stock
- Sign up for your brokerage account
- Fund your investment account
- Evaluate Bit Digital stock
- Place your BTBT trade
- Get key alerts regarding your BTBT investment
If you require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep tabs on your investment in Bit Digital, hit the button below to create your watchlist.
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