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NASDAQ: BTBT
Bit Digital Inc Stock

$2.53+0.01 (+0.4%)
Updated May 28, 2024
BTBT Price
$2.53
Fair Value Price
N/A
Market Cap
$271.45M
52 Week Low
$1.76
52 Week High
$5.27
P/E
8.16x
P/B
1.02x
P/S
4.91x
PEG
N/A
Dividend Yield
N/A
Revenue
$66.94M
Earnings
$38.45M
Gross Margin
39.4%
Operating Margin
60.13%
Profit Margin
57.4%
Debt to Equity
0.1
Operating Cash Flow
-$18M
Beta
1.76
Next Earnings
N/A
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 (28)
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 (8.16x), compared to the US market average (32.52x)
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 fair value

Fair Value of BTBT stock based on Discounted Cash Flow (DCF)
Price
$2.53
Fair Value
-$1.92
Undervalued by
231.49%
BTBT was 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
8.16x
Industry
11.82x
Market
32.52x
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
1.02x
Industry
1.91x
BTBT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

BTBT's financial health

Profit margin

Revenue
$30.3M
Net Income
$50.1M
Profit Margin
165.4%
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
$291.1M
Liabilities
$25.9M
Debt to equity
0.1
BTBT's short-term assets ($189.54M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
BTBT's short-term assets ($189.54M) 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
-$20.9M
Investing
-$474.4k
Financing
$38.7M
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$271.45M+0.40%8.16x1.02x
HIVE$243.39M0.00%-3.65x1.35x
AGBA$198.63M-8.30%-3.68x72.39x
PROP$155.18M0.00%-1.04x4.12x
BTM$118.63M-2.45%-1.09x-7.14x

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 -51.99% from its 52-week high and 43.75% 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 $2.53 per share, the total value of Bit Digital stock (market capitalization) is $271.45M.

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 -45.24%, for an annualized return of -9.55% (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 $2.53 today (as of May 28, 2024).

What is Bit Digital's Market Cap?

(NASDAQ: BTBT) Bit Digital's market cap is $271.45M, as of May 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 $2.53 by BTBT's total outstanding shares of 107,291,827.
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