WallStreetZenWallStreetZen

NASDAQ: BTBT
Bit Digital Inc Stock

$2.87+0.37 (+14.8%)
Updated Mar 28, 2024
BTBT Price
$2.87
Fair Value Price
N/A
Market Cap
$307.93M
52 Week Low
$1.41
52 Week High
$5.27
P/E
-17.94x
P/B
2.02x
P/S
8.24x
PEG
N/A
Dividend Yield
N/A
Revenue
$44.92M
Earnings
-$13.89M
Gross Margin
34.2%
Operating Margin
-30.31%
Profit Margin
-30.9%
Debt to Equity
0.24
Operating Cash Flow
$1M
Beta
1.7
Next Earnings
Apr 26, 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 (29)
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 is 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 poor value based on its book value relative to its share price (2.02x), compared to the US Capital Markets industry average (1.86x)
P/B vs Industry Valuation
BTBT is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more BTBT due diligence checks available for Premium users.

Be the first to know about important BTBT news, forecast changes, insider trades & much more!

BTBT News

Valuation

BTBT fair value

Fair Value of BTBT stock based on Discounted Cash Flow (DCF)
Price
$2.87
Fair Value
-$1.92
Undervalued by
249.16%
BTBT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

BTBT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-17.94x
Industry
20.14x
Market
44.51x

BTBT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.02x
Industry
1.86x
BTBT is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

BTBT's financial health

Profit margin

Revenue
$16.1M
Net Income
-$2.0M
Profit Margin
-12.6%
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
$189.3M
Liabilities
$36.6M
Debt to equity
0.24
BTBT's short-term assets ($83.35M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
BTBT's short-term assets ($83.35M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
BTBT's debt has increased relative... 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
$24.3M
Investing
-$58.4M
Financing
$30.1M
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$307.93M+14.80%-17.94x2.02x
HIVE$311.87M+4.01%-4.68x1.73x
OPY$417.45M+0.45%14.21x0.53x
IREN$445.06M+0.56%-0.35x1.78x
ARBK$113.59M+35.63%N/A-30.85x

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 $1.41. It is currently -45.54% from its 52-week high and 104.27% from its 52-week low.

How much is Bit Digital stock worth today?

(NASDAQ: BTBT) Bit Digital currently has 107,291,827 outstanding shares. With Bit Digital stock trading at $2.87 per share, the total value of Bit Digital stock (market capitalization) is $307.93M.

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 -37.88%, for an annualized return of -7.63% (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 $2.87 today (as of Mar 28, 2024).

What is Bit Digital's Market Cap?

(NASDAQ: BTBT) Bit Digital's market cap is $307.93M, as of Mar 29, 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 $2.87 by BTBT's total outstanding shares of 107,291,827.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.