Bit Digital Stock Today

BTBT Stock  USD 3.12  0.03  0.95%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Below Average

 
High
 
Low
Bit Digital is selling for under 3.12 as of the 16th of February 2025; that is 0.95 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 3.06. Bit Digital has about a 28 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 17th of January 2025 and ending today, the 16th of February 2025. Click here to learn more.
Business Domain
Software & Services
IPO Date
20th of March 2018
Category
Financial Services
Classification
Information Technology
Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. Bit Digital, Inc. was incorporated in 2017 and is headquartered in New York, New York. Bit Digital operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. The company has 147.79 M outstanding shares of which 35.45 M shares are currently shorted by private and institutional investors with about 2.04 trading days to cover. More on Bit Digital

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Bit Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationApplication Software, Software & Services, Information Technology, NASDAQ Composite, Information Technology, Software, Capital Markets, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.540.27
Way Up
Very volatile
Gross Profit Margin0.580.39
Way Up
Slightly volatile
Total Current Liabilities32.7 M31.1 M
Sufficiently Up
Slightly volatile
Total Assets228.6 M217.7 M
Sufficiently Up
Slightly volatile
Total Current Assets100.6 M95.8 M
Sufficiently Up
Slightly volatile
Debt Levels
Bit Digital can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Bit Digital's financial leverage. It provides some insight into what part of Bit Digital's total assets is financed by creditors.
Liquidity
Bit Digital currently holds 6.22 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Bit Digital has a current ratio of 18.77, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Bit Digital's use of debt, we should always consider it together with its cash and equity.

Change To Account Receivables

695,940
Bit Digital (BTBT) is traded on NASDAQ Exchange in USA. It is located in 33 Irving Place, New York, NY, United States, 10003 and employs 24 people. Bit Digital is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 478.95 M. Bit Digital conducts business under Software sector and is part of Information Technology industry. The entity has 147.79 M outstanding shares of which 35.45 M shares are currently shorted by private and institutional investors with about 2.04 trading days to cover. Bit Digital currently holds about 44.3 M in cash with 1.11 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.54.
Check Bit Digital Probability Of Bankruptcy
Ownership Allocation
Bit Digital holds a total of 147.79 Million outstanding shares. 30% of Bit Digital outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Bit Ownership Details

Bit Stock Institutional Holders

InstituionRecorded OnShares
Citadel Advisors Llc2024-09-30
1.5 M
Millennium Management Llc2024-09-30
1.1 M
Morgan Stanley - Brokerage Accounts2024-09-30
M
Exchange Traded Concepts, Llc2024-12-31
935.6 K
Susquehanna International Group, Llp2024-09-30
894.9 K
Northern Trust Corp2024-09-30
729.9 K
Imc-chicago, Llc2024-12-31
729.2 K
Vanguard Group Inc2024-09-30
694.6 K
Jane Street Group Llc2024-09-30
669.5 K
Blackrock Inc2024-09-30
9.7 M
Amvescap Plc.2024-09-30
7.2 M
View Bit Digital Diagnostics

Bit Digital Historical Income Statement

At this time, Bit Digital's Depreciation And Amortization is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 32 M in 2025, despite the fact that EBIT is likely to grow to (22.9 M). View More Fundamentals

Bit Stock Against Markets

Bit Digital Corporate Management

Additional Tools for Bit Stock Analysis

When running Bit Digital's price analysis, check to measure Bit Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bit Digital is operating at the current time. Most of Bit Digital's value examination focuses on studying past and present price action to predict the probability of Bit Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bit Digital's price. Additionally, you may evaluate how the addition of Bit Digital to your portfolios can decrease your overall portfolio volatility.