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NASDAQ: BTBT
Bit Digital Inc Stock

$1.27+0.06 (+4.96%)
Updated Mar 17, 2023
BTBT Price
$1.27
Fair Value Price
$2.66
Market Cap
$104.71M
52 Week Low
$0.53
52 Week High
$4.20
P/E
-1.72x
P/B
0.66x
P/S
2.64x
PEG
N/A
Dividend Yield
N/A
Revenue
$37.91M
Earnings
-$52.08M
Gross Margin
49.5%
Operating Margin
-130.66%
Profit Margin
-137.4%
Debt to Equity
0.04
Operating Cash Flow
-$19M
Beta
1.52
Next Earnings
Mar 29, 2023
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 (31)
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 ($1.27) is undervalued by 52.18% relative to our estimate of its Fair Value price of $2.66 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
BTBT ($1.27) is significantly undervalued by 52.18% relative to our estimate of its Fair Value price of $2.66 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
BTBT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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BTBT News

Valuation

BTBT fair value

Fair Value of BTBT stock based on Discounted Cash Flow (DCF)
Price
$1.27
Fair Value
$2.66
Undervalued by
52.18%
BTBT ($1.27) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
BTBT ($1.27) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
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
-1.72x
Industry
27.28x
Market
21.81x

BTBT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.66x
Industry
3.09x
BTBT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

BTBT's financial health

Profit margin

Revenue
$9.1M
Net Income
-$14.3M
Profit Margin
-157%
BTBT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
BTBT's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$164.7M
Liabilities
$6.4M
Debt to equity
0.04
BTBT's short-term assets ($68.38M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
BTBT's short-term assets ($68.38M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
BTBT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$8.2M
Investing
-$20.2M
Financing
$0.0
BTBT's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

BTBT vs Credit Service Stocks

TickerMarket Cap1d %P/EP/B
BTBT$104.71M+4.96%-1.72x0.66x
OPRT$121.65M+28.17%-1.54x0.22x
FOA$85.54M-2.19%-0.44x0.34x
SNFCA$134.65M-3.26%13.54x0.50x
NICK$68.07M-8.06%-2.16x0.71x

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 $4.20, and its 52-week low was $0.53. It is currently -69.76% from its 52-week high and 139.62% from its 52-week low.

How much is Bit Digital stock worth today?

(NASDAQ: BTBT) Bit Digital currently has 82,451,641 outstanding shares. With Bit Digital stock trading at $1.27 per share, the total value of Bit Digital stock (market capitalization) is $104.71M.

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 4 years would have been -72.51%, for an annualized return of -27.59% (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 $1.27 today (as of Mar 17, 2023).

What is Bit Digital's Market Cap?

(NASDAQ: BTBT) Bit Digital's market cap is $104.71M, as of Mar 20, 2023.

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 $1.27 by BTBT's total outstanding shares of 82,451,641.
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