How to Buy Btc Digital Stock
Btc Digital Ltd
BTC Digital Ltd. engages in the cryptocurrency/bitcoin mining business. It also engages in mining machines resale and rental business. The company was formerly known as Meten Holding Group Ltd.
Btc Digital stock last closed at $2.74, down 2.49% from the previous day, and has decreased 39.19% in one year. It has underperformed other stocks in the Education & Training Services industry by 0.54 percentage points. Btc Digital stock is currently +56.57% from its 52-week low of $1.75, and -54.8% from its 52-week high of $6.06.
As of Apr 23, 2024, there are 2.1M shares of BTCT outstanding. The market value of BTCT is $5.75M. In the last 24 hours, 5927 BTCT shares were traded.
How to Buy Btc Digital Stock
Wondering how to invest in Btc Digital stock? Here's how.
- Choose where to buy Btc Digital stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Btc Digital stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your payment method and add your information.
- Research Btc Digital stock: The Btc Digital ticker symbol is BTCT. Is Btc Digital stock a good investment? Should you buy shares of BTCT? How do BTCT's underlying business fundamentals look? Do top analysts think Btc Digital is a good buy? Why has BTCT's stock price moved recently? (Hint: Our stock research tools can help you figure out if BTCT is a good stock to buy).
- Execute your BTCT trade: Decide if you will purchase BTCT shares at the current market price or use a limit order to purchase BTCT stock at a specific price.
- Get key alerts regarding your BTCT investment: Create a watchlist to track your position in Btc Digital shares.
Step 1: Choose where to buy Btc Digital stock
You will need a brokerage account in order to access the NASDAQ market and buy BTCT shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal info so you can invest in BTCT today.
How to Open 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.
- Enter your personal info to start your new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on the best stock app for beginners, your next step is to transfer the money for your investment:
Watch the tutorial below to see the process of transferring money into your brokerage account.
Step 4: Research Btc Digital stock
After you have figured out the best place to buy Btc Digital stock, it's critical to analyze their stock before you buy, so you truly wrap your head around the risk and opportunity.
Btc Digital quick stats
Btc Digital Overview
WallStreetZen was built to help average investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on BTCT's stock page.
Is BTCT stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge BTCT's intrinsic value.
Using relative valuations measures:
- BTCT could be overvalued based on its P/B ratio of 2.14x, relative to Education & Training Services industry P/B ratio of 2.09x
You can do additional valuation research on BTCT's stock here.
A look at BTCT Cashflows and Balance Sheet
Pros:
- There are more short-term assets than long-term liabilities on the BTCT balance sheet.
- There are more short-term assets than short-term liabilities on the BTCT balance sheet.
- Total BTCT debt is lower than 5 years ago, relative to shareholder equity.
- BTCT has a low debt to equity ratio of 0.26.
- BTCT's operating cash flow of $526.69k allows it to safely service it's debt of $17.29k.
Cons:
- BTCT earnings of -$381.88k is not sufficient to cover its interest payments.
- BTCT profit margin has gone down from 65% to -31.1% in the past year.
BTCT Momentum
How is BTCT performing as a company?
Last year, BTCT revenue was $1.25M. During the past five year, BTCT's revenue has grown by -63.81% per year. This was slower than the Education & Training Services industry average of 9.95%.
Dig into BTCT's earnings and revenue performance here.
What are BTCT executives and large shareholders up to?
In the past 12 months, executives and large shareholders at BTCT have not bought or sold any shares.
Dig into more about who owns BTCT shares here.
Can I rely on BTCT as an income stream?
No, Btc Digital doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your BTCT trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, place a limit order.
Press the Open Trade button and eToro will place the order.
If you need more info about investing in stocks on eToro, watch the how to video below:
Step 6: Get key alerts regarding your BTCT investment
Now that you own some BTCT shares, you'll want to keep up with your investment.
Start a watchlist to see the latest developments about your BTCT stock.
BTCT Feed
How to Buy Stock in Btc Digital
To summarize, here are the 6 steps for buying Btc Digital stock:
- Choose where to buy Btc Digital stock
- Open a brokerage account
- Put funds into your brokerage account
- Research Btc Digital stock
- Execute your BTCT trade
- Get key alerts regarding your BTCT investment
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Btc Digital, add BTCT to your watchlist by clicking the button below.
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