BTBT official logo BTBT
BTBT 2-star rating from Upturn Advisory
Bit Digital Inc (BTBT) company logo

Bit Digital Inc (BTBT)

Bit Digital Inc (BTBT) 2-star rating from Upturn Advisory
$2.22
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

12/05/2025: BTBT (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

2 star rating from financial analysts

5 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $5.38

1 Year Target Price $5.38

Analysts Price Target For last 52 week
$5.38 Target price
52w Low $1.69
Current$2.22
52w High $4.97

Analysis of Past Performance

Type Stock
Historic Profit 14.01%
Avg. Invested days 32
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 718.56M USD
Price to earnings Ratio 3.36
1Y Target Price 5.38
Price to earnings Ratio 3.36
1Y Target Price 5.38
Volume (30-day avg) 5
Beta 4.3
52 Weeks Range 1.69 - 4.97
Updated Date 12/6/2025
52 Weeks Range 1.69 - 4.97
Updated Date 12/6/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.66

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 129.63%
Operating Margin (TTM) 471.01%

Management Effectiveness

Return on Assets (TTM) 10.63%
Return on Equity (TTM) 19.53%

Valuation

Trailing PE 3.36
Forward PE 33.33
Enterprise Value 620856748
Price to Sales(TTM) 6.8
Enterprise Value 620856748
Price to Sales(TTM) 6.8
Enterprise Value to Revenue 3.82
Enterprise Value to EBITDA 19.63
Shares Outstanding 323674831
Shares Floating 318727262
Shares Outstanding 323674831
Shares Floating 318727262
Percent Insiders 2.04
Percent Institutions 50.39

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Bit Digital Inc

Bit Digital Inc(BTBT) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Bit Digital, Inc., formerly Golden Bull Limited, was founded in 2017. It initially focused on peer-to-peer lending in China. Following regulatory changes in China, it transitioned to Bitcoin mining in 2020, acquiring a large fleet of mining machines. The company has since focused on expanding its mining operations across North America.

Company business area logo Core Business Areas

  • Bitcoin Mining: Engages in Bitcoin mining activities, securing the Bitcoin network and earning newly minted Bitcoins as rewards.

leadership logo Leadership and Structure

Sam Tabar serves as the Chief Strategy Officer. The company's structure is centered around Bitcoin mining operations, with teams focused on procurement, deployment, and management of mining equipment.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Bitcoin Mining: Bit Digital generates revenue primarily through Bitcoin mining. Market share data is difficult to pinpoint exactly because of the constantly shifting Hashrate numbers across the world, and many private mining operations, but Bit Digital holds a small, but stable market share. Competitors include Marathon Digital Holdings (MARA) and Riot Platforms (RIOT).

Market Dynamics

industry overview logo Industry Overview

The Bitcoin mining industry is characterized by high competition, fluctuating Bitcoin prices, and increasing difficulty adjustments. The industry is capital-intensive and requires access to low-cost electricity.

Positioning

Bit Digital positions itself as a sustainable and geographically diversified Bitcoin mining company, focused on North America. A volatile asset and limited diversification leaves them in a tenuous position.

Total Addressable Market (TAM)

The TAM for Bitcoin mining is directly tied to the price and adoption of Bitcoin, which is estimated to be in the hundreds of billions of USD. Bit Digital captures a small percentage of this TAM.

Upturn SWOT Analysis

Strengths

  • Geographic diversification in North America
  • Experienced management team in cryptocurrency and finance
  • Focus on sustainable mining practices

Weaknesses

  • High dependence on Bitcoin price volatility
  • High energy costs
  • Limited diversification of revenue streams

Opportunities

  • Expansion of mining operations in North America
  • Adoption of renewable energy sources
  • Potential partnerships with energy providers

Threats

  • Bitcoin price volatility
  • Increasing mining difficulty
  • Regulatory risks
  • Competition from larger mining companies

Competitors and Market Share

Key competitor logo Key Competitors

  • MARA
  • RIOT
  • CLSK

Competitive Landscape

Bit Digital faces intense competition in the Bitcoin mining industry. Larger companies with access to more capital and lower energy costs have a competitive advantage. Bit Digital's focus on sustainability may offer a differentiator.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is tied to Bitcoin price appreciation and mining capacity expansion.

Future Projections: Future growth depends on Bitcoin adoption, mining difficulty, and the company's ability to secure low-cost energy.

Recent Initiatives: Recent initiatives include expanding mining facilities and focusing on sustainable energy sources.

Summary

Bit Digital is a Bitcoin mining company with a focus on North America. Its success heavily depends on Bitcoin's price stability and its ability to secure low-cost, sustainable energy sources. The company faces stiff competition in a volatile market. Diversification and efficient cost management are crucial for Bit Digital's long-term success. Regulatory risks and technological advancements also pose potential challenges for the company.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company filings
  • Financial news outlets
  • Industry reports

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. The cryptocurrency market is highly volatile and speculative. Please perform your own due diligence before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Bit Digital Inc

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2018-03-20
CEO -
Sector Financial Services
Industry Capital Markets
Full time employees 54
Full time employees 54

Bit Digital, Inc., together with its subsidiaries, engages in the institutional grade ethereum treasury and staking business. It also designs and operates data centers and cloud solutions for AI training and inference workloads supported by renewable energy in Canada and Iceland. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was founded in 2015 and is headquartered in New York, New York.