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NASDAQ: BTBT
Bit Digital Inc Stock

$3.29+0.13 (+4.11%)
Updated Oct 14, 2024
BTBT Price
$3.29
Fair Value Price
N/A
Market Cap
$451.92M
52 Week Low
$1.76
52 Week High
$5.27
P/E
13.16x
P/B
1.53x
P/S
4.69x
PEG
N/A
Dividend Yield
N/A
Revenue
$86.85M
Earnings
$28.92M
Gross Margin
42.4%
Operating Margin
35.87%
Profit Margin
33.3%
Debt to Equity
0.07
Operating Cash Flow
-$20M
Beta
1.68
Next Earnings
Nov 12, 2024
Ex-Dividend
N/A
Next Dividend
N/A

BTBT Overview

Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was incorporated in 2017 and is headquartered in New York, New York.

Zen Score

–
Industry Average (32)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how BTBT scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

BTBT was unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
BTBT is good value based on its earnings relative to its share price (13.16x), compared to the US market average (27.44x)
P/E vs Market Valuation
BTBT is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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BTBT News

Valuation

BTBT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
13.16x
Industry
26.97x
Market
27.44x
BTBT is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
BTBT is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

BTBT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.53x
Industry
2.07x
BTBT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

BTBT's financial health

Profit margin

Revenue
$29.0M
Net Income
-$12.0M
Profit Margin
-41.3%
BTBT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
BTBT's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$315.5M
Liabilities
$20.2M
Debt to equity
0.07
BTBT's short-term assets ($217.18M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
BTBT's short-term assets ($217.18M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
BTBT's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
BTBT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$9.5M
Investing
-$6.2M
Financing
$41.6M
BTBT's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

BTBT vs Capital Market Stocks

TickerMarket Cap1d %P/EP/B
BTBT$451.92M+4.11%13.16x1.53x
OPY$498.33M-0.04%8.22x0.61x
HIVE$392.91M+6.35%-9.31x1.44x
AGBA$193.28M+7.02%-3.70x-23.93x
FUFU$749.35M+15.87%18.40x6.36x

Bit Digital Stock FAQ

What is Bit Digital's quote symbol?

(NASDAQ: BTBT) Bit Digital trades on the NASDAQ under the ticker symbol BTBT. Bit Digital stock quotes can also be displayed as NASDAQ: BTBT.

If you're new to stock investing, here's how to buy Bit Digital stock.

What is the 52 week high and low for Bit Digital (NASDAQ: BTBT)?

(NASDAQ: BTBT) Bit Digital's 52-week high was $5.27, and its 52-week low was $1.76. It is currently -37.57% from its 52-week high and 86.93% from its 52-week low.

How much is Bit Digital stock worth today?

(NASDAQ: BTBT) Bit Digital currently has 137,361,053 outstanding shares. With Bit Digital stock trading at $3.29 per share, the total value of Bit Digital stock (market capitalization) is $451.92M.

Bit Digital stock was originally listed at a price of $4.62 in Mar 20, 2018. If you had invested in Bit Digital stock at $4.62, your return over the last 6 years would have been -28.79%, for an annualized return of -5.5% (not including any dividends or dividend reinvestments).

How much is Bit Digital's stock price per share?

(NASDAQ: BTBT) Bit Digital stock price per share is $3.29 today (as of Oct 14, 2024).

What is Bit Digital's Market Cap?

(NASDAQ: BTBT) Bit Digital's market cap is $451.92M, as of Oct 15, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Bit Digital's market cap is calculated by multiplying BTBT's current stock price of $3.29 by BTBT's total outstanding shares of 137,361,053.
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