Bit Digital Inc Ordinary Shares BTBT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Bit Digital, Inc. Announces Adjournment of Annual General Meeting Until October 2, 2024
-
Bit Digital, Inc. Announces Key Hires for Its HPC Business; Appoints Benjamin Lamson as Head of Revenue and Tom Sanfilippo as CTO
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Bit Digital, Inc. Announces Monthly Production Update for August 2024
-
2024 Gateway Conference to Feature AI, Blockchain, and Digital Infrastructure Track on September 5th
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Bit Digital, Inc. Announces Binding Term Sheet with New HPC Customer Representing a More Than $700 Million Revenue Opportunity Over Five-Year Term
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Bit Digital, Inc. Announces Second Quarter of Fiscal Year 2024 Financial Results
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Bit Digital, Inc. Announces Date for Second Quarter 2024 Financial Results and Conference Call
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Bit Digital, Inc. Announces Monthly Production Update for July 2024
Trading Information
- Previous Close Price
- $3.69
- Day Range
- $3.60–3.82
- 52-Week Range
- $1.76–5.27
- Bid/Ask
- $3.60 / $3.62
- Market Cap
- $537.96 Mil
- Volume/Avg
- 7.7 Mil / 11.2 Mil
Key Statistics
- Price/Earnings (Normalized)
- 35.75
- Price/Sales
- 4.50
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
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. It generates revenue from digital asset mining and ETH staking business.
- Sector
- Financial Services
- Industry
- Capital Markets
- Stock Style Box
- Small Growth
- Total Number of Employees
- 24
- Website
- https://www.bit-digital.com
Comparables
Valuation
|
Metric
|
BTBT
|
CLSK
|
MARA
|
|---|---|---|---|
Price/Earnings (Normalized) | 35.75 | 148.39 | 12.08 |
Price/Book Value | 1.75 | 1.70 | 1.88 |
Price/Sales | 4.50 | 5.66 | 7.48 |
Price/Cash Flow | — | 83.88 | 27.62 |
Price/Earnings
BTBT
CLSK
MARA
Financial Strength
|
Metric
|
BTBT
|
CLSK
|
MARA
|
|---|---|---|---|
Quick Ratio | 3.54 | 8.75 | 2.77 |
Current Ratio | 12.34 | 8.94 | 3.75 |
Interest Coverage | — | −70.79 | 70.46 |
Quick Ratio
BTBT
CLSK
MARA
Profitability
|
Metric
|
BTBT
|
CLSK
|
MARA
|
|---|---|---|---|
Return on Assets (Normalized) | −40.36% | −12.96% | 6.41% |
Return on Equity (Normalized) | −48.19% | −13.83% | 8.30% |
Return on Invested Capital (Normalized) | −44.32% | −13.94% | 6.71% |
Return on Assets
BTBT
CLSK
MARA
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United States