Bit Digital, Inc. Ordinary Shares (BTBT) — Analysis Summary
Bit Digital, Inc. Ordinary Shares (BTBT) has a market cap of $573.41M with year-over-year revenue growth of +5.1%. Net margin stands at -70.7%. The stock trades at a P/E ratio of -2.0.
Key Takeaways
- Revenue changed +5.1% year-over-year
- Net margin of -70.7%
- P/E ratio of -2.0
Compared to other companies in the FINANCE SERVICES sector, BTBT posted revenue growth of +5.1% and trades at a P/E of -2.0.
Bit Digital, Inc. Ordinary Shares (BTBT)
UPDATED — ET · MARKET DATA POLYGON · FINANCIALS SEC EDGAR
Red Flags & WarningsHigh Risk Signals
Multiple material red flags are active and deserve closer underwriting before relying on any valuation output.
Operating margin at -225.3% — severe operating losses
Net margin at -237.2% — losses exceed revenue (possible one-time charges)
Net income fell 262.8% vs the prior period.
The latest filing shows negative free cash flow.
Bit Digital Inc is engaged in the Bitcoin mining business, Ethereum staking activities and specialized cloud-infrastructure services for artificial intelligence applications through its wholly owned subsidiaries. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. The Company has four reportable segments: digital asset mining, cloud services, colocation services, and ETH Staking. It generates majority of its revenue from digital asset mining.
Sector
FINANCE SERVICES
Employees
104
Headquarters
NEW YORK, NY
Exchange
XNAS
Systematic competitive advantage assessment based on 4yr data
This assessment is based on quantitative analysis of historical financial data and does not constitute investment advice. Moat ratings may change with industry and competitive dynamics.
First version surfaces recent SEC Forms 3, 4, and 5 activity. It does not yet parse individual buy/sell transactions.
Capital Structure
Cash Flow
Disclaimer: This is not financial advice. Data sourced from SEC EDGAR and Polygon.io. Past performance does not guarantee future results. Always conduct your own research before making investment decisions.