Bit Origin Stock Today

BTOG Stock  USD 0.70  0.03  4.48%   

Performance

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Odds Of Distress

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Bit Origin is trading at 0.7 as of the 18th of January 2025. This is a 4.48 percent increase since the beginning of the trading day. The stock's lowest day price was 0.66. Bit Origin has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 18th of January 2025. Click here to learn more.
Bit Origin Ltd, through its subsidiaries, engages in the cryptocurrency mining business in the United States. Bit Origin Ltd was incorporated in 2018 and is based in New York, New York. Bit Origin operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. The company has 8.47 M outstanding shares of which 48.12 K shares are currently shorted by private and institutional investors with about 0.71 trading days to cover. More on Bit Origin

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Bit Stock Highlights

Business ConcentrationPackaged Foods & Meats, Financial Data & Stock Exchanges, Financial Services, NASDAQ Composite, Consumer Staples, Food Products, Packaged Foods, Consumer Defensive (View all Sectors)
Financial Strength
Bit Origin (BTOG) is traded on NASDAQ Exchange in USA. It is located in Samsung Hub, Singapore, Singapore, 049483 and employs 9 people. Bit Origin is listed under Packaged Foods & Meats category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.65 M. Bit Origin conducts business under Food Products sector and is part of Consumer Staples industry. The entity has 8.47 M outstanding shares of which 48.12 K shares are currently shorted by private and institutional investors with about 0.71 trading days to cover. Bit Origin currently holds about 17.8 K in cash with (7.93 M) of positive cash flow from operations.
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Ownership Allocation
Bit Origin shows 9.93 percent of its outstanding shares held by insiders and 0.34 percent owned by other corporate entities.
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Bit Origin Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Bit Origin market risk premium is the additional return an investor will receive from holding Bit Origin long position in a well-diversified portfolio.

Bit Stock Against Markets

Bit Origin Corporate Management

When determining whether Bit Origin is a strong investment it is important to analyze Bit Origin's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bit Origin's future performance. For an informed investment choice regarding Bit Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bit Origin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
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Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bit Origin. If investors know Bit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bit Origin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bit Origin is measured differently than its book value, which is the value of Bit that is recorded on the company's balance sheet. Investors also form their own opinion of Bit Origin's value that differs from its market value or its book value, called intrinsic value, which is Bit Origin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bit Origin's market value can be influenced by many factors that don't directly affect Bit Origin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bit Origin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bit Origin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bit Origin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.