(BTBT) Bit Digital - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: KYG1144A1058

Stock: Ethereum Staking, Ai Cloud

Total Rating 26

Risk 42

Buy Signal -0.02

Capital Markets » Application Software
Age: 7.9y

Market Cap: 657m
Avg Trading Vol: 69.5M USD

ATR: 11.07%
Peers RS (IBD): 20.61

EPS (Earnings per Share)

EPS CAGR: 66.68%
EPS Trend: 56.2%

Last SUE: 2.79
Qual. Beats: 1

Revenue

Rev. CAGR: 24.02%
Rev. Trend: 80.3%

Last SUE: -0.02
Qual. Beats: 0

Risk 5d forecast
Volatility	100%
Relative Tail Risk	-8.73%

Reward TTM
Sharpe Ratio	-0.18
Alpha	-67.51

Character TTM
Beta	1.860
Beta Downside	1.512

Drawdowns 3y
Max DD	72.74%
CAGR/Max DD	0.21

Description: BTBT Bit Digital January 26, 2026

Bit Digital, Inc. (NASDAQ: BTBT) operates an institutional-grade Ethereum treasury and staking platform while also designing and running renewable-energy-powered data centers in Canada and Iceland that support AI training and inference workloads. The firm, originally Golden Bull Limited, rebranded in September 2020 and is headquartered in New York.

As of Q4 2025, BTBT reported $42 million in total revenue, with staking services contributing roughly 38 % and AI-related cloud services accounting for 27 %. The company’s data centers now host ≈ 1.2 MW of renewable-sourced compute capacity, and its Ethereum staking pool yields an average annual return of 5.6 % (net of fees), closely tracking the sector-wide average of 5.4 % reported by Staking-Insights. The broader application-software sub-industry is benefiting from a 12 % YoY increase in AI-driven cloud spend, according to IDC.

For a deeper, data-driven assessment of BTBT’s valuation dynamics, consider exploring the company’s profile on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income: 137.0m TTM > 0 and > 6% of Revenue
FCF/TA: -0.40 > 0.02 and ΔFCF/TA -23.21 > 1.0
NWC/Revenue: 390.1% < 20% (prev 213.5%; Δ 176.6% < -1%)
CFO/TA -0.17 > 3% & CFO -197.5m > Net Income 137.0m
Net Debt (-137.2m) to EBITDA (200.1m): -0.69 < 3
Current Ratio: 17.53 > 1.5 & < 3
Outstanding Shares: last quarter (318.9m) vs 12m ago 113.0% < -2%
Gross Margin: 66.97% > 18% (prev 0.42%; Δ 6655 % > 0.5%)
Asset Turnover: 21.55% > 50% (prev 26.09%; Δ -4.54% > 0%)
Interest Coverage Ratio: 6.11 > 6 (EBITDA TTM 200.1m / Interest Expense TTM 26.8m)

Altman Z'' 5.32

A: 0.56 (Total Current Assets 672.7m - Total Current Liabilities 38.4m) / Total Assets 1.13b
B: 0.01 (Retained Earnings 9.84m / Total Assets 1.13b)
C: 0.22 (EBIT TTM 163.9m / Avg Total Assets 754.5m)
D: 0.15 (Book Value of Equity 13.5m / Total Liabilities 87.5m)
Altman-Z'' Score: 5.32 = AAA

Beneish M -1.26

DSRI: 0.88 (Receivables 17.4m/12.0m, Revenue 162.6m/98.1m)
GMI: 0.63 (GM 66.97% / 42.18%)
AQI: 3.42 (AQ_t 0.36 / AQ_t-1 0.11)
SGI: 1.66 (Revenue 162.6m / 98.1m)
TATA: 0.30 (NI 137.0m - CFO -197.5m) / TA 1.13b)
Beneish M-Score: -1.26 (Cap -4..+1) = D

What is the price of BTBT shares?

As of February 08, 2026, the stock is trading at USD 1.80 with a total of 29,739,519 shares traded.
Over the past week, the price has changed by -11.33%, over one month by -18.18%, over three months by -40.59% and over the past year by -41.75%.

Is BTBT a buy, sell or hold?

Bit Digital has received a consensus analysts rating of 4.80. Therefore, it is recommended to buy BTBT.

StrongBuy: 4
Buy: 1
Hold: 0
Sell: 0
StrongSell: 0

What are the forecasts/targets for the BTBT price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	5.1	185%
Analysts Target Price	5.1	185%
ValueRay Target Price	1.7	-3.9%

BTBT Fundamental Data Overview February 02, 2026

P/E Trailing = 3.1719
P/E Forward = 30.1205
P/S = 6.2161
P/B = 0.7613
Revenue TTM = 162.6m USD
EBIT TTM = 163.9m USD
EBITDA TTM = 200.1m USD
Long Term Debt = 41.9m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 5.62m USD (from shortTermDebt, last quarter)
Debt = 41.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -137.2m USD (from netDebt column, last quarter)
Enterprise Value = 518.8m USD (657.1m + Debt 41.9m - CCE 180.1m)
Interest Coverage Ratio = 6.11 (Ebit TTM 163.9m / Interest Expense TTM 26.8m)
EV/FCF = -1.16x (Enterprise Value 518.8m / FCF TTM -448.4m)
FCF Yield = -86.42% (FCF TTM -448.4m / Enterprise Value 518.8m)
FCF Margin = -275.8% (FCF TTM -448.4m / Revenue TTM 162.6m)
Net Margin = 84.27% (Net Income TTM 137.0m / Revenue TTM 162.6m)
Gross Margin = 66.97% ((Revenue TTM 162.6m - Cost of Revenue TTM 53.7m) / Revenue TTM)
Gross Margin QoQ = 59.56% (prev 48.62%)
Tobins Q-Ratio = 0.46 (Enterprise Value 518.8m / Total Assets 1.13b)
Interest Expense / Debt = 14.66% (Interest Expense 6.15m / Debt 41.9m)
Taxrate = 0.47% (697.7k / 147.4m)
NOPAT = 163.1m (EBIT 163.9m * (1 - 0.47%))
Current Ratio = 17.53 (Total Current Assets 672.7m / Total Current Liabilities 38.4m)
Debt / Equity = 0.05 (Debt 41.9m / totalStockholderEquity, last quarter 906.2m)
Debt / EBITDA = -0.69 (Net Debt -137.2m / EBITDA 200.1m)
Debt / FCF = 0.31 (negative FCF - burning cash) (Net Debt -137.2m / FCF TTM -448.4m)
Total Stockholder Equity = 605.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 18.16% (Net Income 137.0m / Total Assets 1.13b)
RoE = 22.65% (Net Income TTM 137.0m / Total Stockholder Equity 605.1m)
RoCE = 25.33% (EBIT 163.9m / Capital Employed (Equity 605.1m + L.T.Debt 41.9m))
RoIC = 27.36% (NOPAT 163.1m / Invested Capital 596.0m)
WACC = 12.88% (E(657.1m)/V(699.0m) * Re(12.77%) + D(41.9m)/V(699.0m) * Rd(14.66%) * (1-Tc(0.00)))
Discount Rate = 12.77% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 72.54%
Fair Price DCF = unknown (Cash Flow -448.4m)
EPS Correlation: 56.21 | EPS CAGR: 66.68% | SUE: 2.79 | # QB: 1
Revenue Correlation: 80.29 | Revenue CAGR: 24.02% | SUE: -0.02 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.02 | Chg30d=-0.025 | Revisions Net=-1 | Analysts=2

Additional Sources for BTBT Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle