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Upturn AI SWOT - About
BTBT 
Bit Digital Inc (BTBT)
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Upturn Advisory Summary
09/12/2025: BTBT (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
5 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $5.7
1 Year Target Price $5.7
| 4 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 24.76% | Avg. Invested days 34 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/12/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 954.66M USD | Price to earnings Ratio - | 1Y Target Price 5.7 |
Price to earnings Ratio - | 1Y Target Price 5.7 | ||
Volume (30-day avg) 5 | Beta 4.78 | 52 Weeks Range 1.69 - 5.74 | Updated Date 09/14/2025 |
52 Weeks Range 1.69 - 5.74 | Updated Date 09/14/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.34 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -53.52% | Operating Margin (TTM) 45.03% |
Management Effectiveness
Return on Assets (TTM) -5.98% | Return on Equity (TTM) -11.34% |
Valuation
Trailing PE - | Forward PE 7.76 | Enterprise Value 822251467 | Price to Sales(TTM) 9.7 |
Enterprise Value 822251467 | Price to Sales(TTM) 9.7 | ||
Enterprise Value to Revenue 5.3 | Enterprise Value to EBITDA 20.52 | Shares Outstanding 321432992 | Shares Floating 315634956 |
Shares Outstanding 321432992 | Shares Floating 315634956 | ||
Percent Insiders 1.86 | Percent Institutions 41.82 |
Upturn AI SWOT
Bit Digital Inc
Company Overview
History and Background
Bit Digital, Inc. was founded in 2017 and is headquartered in New York, New York. It is a Bitcoin mining company. Initially, the company had a peer-to-peer lending business in China. The company transitioned to Bitcoin mining after regulatory changes in the Chinese P2P lending market.
Core Business Areas
- Bitcoin Mining: Bit Digital's primary business is Bitcoin mining. They operate data centers with specialized hardware to solve complex mathematical problems and earn newly minted Bitcoins as a reward.
Leadership and Structure
The company is led by Bryan Bullett (CEO). The organizational structure is typical of a publicly traded company with a board of directors and various management teams overseeing different operational areas.
Top Products and Market Share
Key Offerings
- Bitcoin Mining: Bit Digital generates revenue primarily through Bitcoin mining. The revenue is directly linked to the number of Bitcoins mined and the prevailing Bitcoin price. Market share data is dynamic due to fluctuating hash rates and mining difficulty. Competitors include Marathon Digital Holdings (MARA), Riot Platforms (RIOT), and CleanSpark (CLSK).
Market Dynamics
Industry Overview
The Bitcoin mining industry is highly competitive and capital-intensive. It is directly impacted by factors such as Bitcoin prices, mining difficulty, regulatory changes, and energy costs.
Positioning
Bit Digital is positioned as a mid-sized Bitcoin mining company. Its competitive advantage lies in operational efficiency, access to low-cost energy, and efficient deployment of mining hardware.
Total Addressable Market (TAM)
The total addressable market for Bitcoin mining is difficult to precisely quantify, but tied directly to Bitcoin's market capitalization and network transaction fees. It is estimated to be billions of dollars annually, but very dynamic. Bit Digital aims to capture a larger share through increased hash rate and reduced operating costs.
Upturn SWOT Analysis
Strengths
- Experience in Bitcoin mining operations
- Diversified geographical locations of mining operations
- Strong balance sheet (relative to peers)
- Focus on renewable energy sourcing
Weaknesses
- High dependence on Bitcoin prices
- Vulnerability to regulatory changes
- Capital intensive nature of the business
- Geopolitical Risk
Opportunities
- Expansion of mining operations into new regions
- Optimization of energy usage to reduce costs
- Diversification into related blockchain technologies
- Increased adoption of Bitcoin as an asset class
Threats
- Decreasing Bitcoin prices
- Increasing mining difficulty
- Regulatory restrictions on Bitcoin mining
- Competition from larger mining companies
- Fluctuations in energy prices
Competitors and Market Share
Key Competitors
- MARA
- RIOT
- CLSK
- Hut 8 Mining Corp (HUT)
Competitive Landscape
Bit Digital faces competition from larger, more established mining companies with greater access to capital and economies of scale. However, its focus on operational efficiency and renewable energy sourcing provides a competitive edge.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been characterized by significant fluctuations corresponding to Bitcoin price cycles.
Future Projections: Future growth depends on the company's ability to expand its mining operations, optimize energy usage, and navigate regulatory changes. Analyst estimates vary widely.
Recent Initiatives: Recent initiatives include expanding mining operations to new locations, investing in more efficient mining hardware, and focusing on sourcing renewable energy.
Summary
Bit Digital is a Bitcoin mining company whose success hinges on Bitcoin's price stability and growth. The company has been focused on geographical diversification and greener sources of energy for its mining operations. It is crucial that it can effectively manage the capital intensive nature of bitcoin mining. Regulatory oversight and overall market conditions for cryptocurrency assets are also important.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (SEC)
- Industry Reports
- Financial News Outlets
- Analyst Reports (Estimates)
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor. Market share and financial data are based on available information and may be subject to change. Forward-looking statements are subject to risks and uncertainties.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Website https://www.bit-digital.com |
Full time employees 54 | Website https://www.bit-digital.com | ||
Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. The company designs, develops, and operates high-performance computing (HPC) data centers that offers hosting and colocation services; and cloud-based HPC graphics processing units for artificial intelligence and machine learning developers. It is also involved in the treasury management activities; fund and investment management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking 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 founded in 2015 and is headquartered in New York, New York.
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