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Upturn AI SWOT - About
Bit Digital Inc (BTBT)

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Upturn Advisory Summary
10/30/2025: BTBT (2-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $5.9
1 Year Target Price $5.9
| 4 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 26.92% | Avg. Invested days 32 | Today’s Advisory WEAK BUY |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.14B USD | Price to earnings Ratio - | 1Y Target Price 5.9 |
Price to earnings Ratio - | 1Y Target Price 5.9 | ||
Volume (30-day avg) 5 | Beta 4.78 | 52 Weeks Range 1.69 - 5.74 | Updated Date 10/31/2025 |
52 Weeks Range 1.69 - 5.74 | Updated Date 10/31/2025 | ||
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 987789319 | Price to Sales(TTM) 11.56 |
Enterprise Value 987789319 | Price to Sales(TTM) 11.56 | ||
Enterprise Value to Revenue 6.37 | Enterprise Value to EBITDA 24.65 | Shares Outstanding 321432722 | Shares Floating 314985924 |
Shares Outstanding 321432722 | Shares Floating 314985924 | ||
Percent Insiders 2.06 | Percent Institutions 41.07 |
Upturn AI SWOT
Bit Digital Inc

Company Overview
History and Background
Bit Digital, Inc. (BTBT) was founded in 2017. Initially focused on peer-to-peer lending in China, it transitioned to Bitcoin mining in 2020 due to regulatory changes. It aims to be a leading Bitcoin miner.
Core Business Areas
- Bitcoin Mining: The company's primary business is Bitcoin mining, using specialized hardware to solve complex algorithms and earn Bitcoin rewards.
Leadership and Structure
The leadership team consists of Bryan Bullett, CEO, and Erke Huang, CFO. The company operates under a board of directors.
Top Products and Market Share
Key Offerings
- Bitcoin Holdings: Bit Digital also holds onto a portion of its mined Bitcoin as a strategic asset.
- Bitcoin Production: Bit Digital generates revenue primarily through the production and sale of Bitcoin. Market share data fluctuates based on hash rate and overall network difficulty, and it competes with other large-scale mining operations. Competitors include Marathon Digital Holdings (MARA), Riot Platforms (RIOT), CleanSpark (CLSK).
Market Dynamics
Industry Overview
The Bitcoin mining industry is characterized by intense competition, technological advancements in mining hardware, and fluctuations in Bitcoin prices and network difficulty. Regulatory developments significantly influence the landscape.
Positioning
Bit Digital is a medium-sized player in the Bitcoin mining space, aiming to increase its hash rate and efficiency to improve its competitive position.
Total Addressable Market (TAM)
The total addressable market is defined by the overall Bitcoin network hashrate and the potential earnings available to miners. While the exact TAM is difficult to quantify, it's a multi-billion dollar market. Bit Digital's TAM is tied to its competitive standing and ability to gain market share.
Upturn SWOT Analysis
Strengths
- Experienced Management Team
- Significant Bitcoin holdings
- Globally distributed mining operations
Weaknesses
- High Operational Costs
- Dependence on Bitcoin price fluctuations
- Concentration on a single revenue stream (Bitcoin Mining)
Opportunities
- Expansion of mining operations
- Diversification into related blockchain technologies
- Strategic partnerships with energy providers
Threats
- Increasing mining difficulty
- Regulatory changes impacting mining operations
- Competition from larger, more efficient miners
- Bitcoin price volatility
Competitors and Market Share
Key Competitors
- MARA
- RIOT
- CLSK
- HUT
- WULF
Competitive Landscape
Bit Digital's advantages include its globally distributed operations, but disadvantages include its smaller scale and higher operating costs compared to some larger competitors.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been tied to the expansion of mining operations and fluctuations in Bitcoin prices. Significant expansion occured in 2023.
Future Projections: Future projections depend on the company's ability to increase its hash rate, reduce operating costs, and benefit from potential increases in Bitcoin prices. Analyst estimates vary widely.
Recent Initiatives: Recent initiatives include expanding mining capacity and exploring opportunities for renewable energy sources.
Summary
Bit Digital's performance is closely tied to Bitcoin's price. The company is actively expanding its mining capacity, but faces risks from competition, regulation, and Bitcoin price volatility. They need to improve mining efficiency and lower operating costs. Their financial stability depends on the Bitcoin price and the expansion of mining capacity.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Industry Reports
- Financial News Outlets
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data is approximate and subject to change. Investing in Bitcoin mining companies carries significant risks.
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 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.

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