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(BTBT) Bit Digital - Ratings and Ratios

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

BTBT: Bitcoin, Ethereum, Artificial Intelligence, Cloud Services

Bit Digital, Inc. operates as a Bitcoin mining company, complementing its core business with digital asset staking, Ethereum staking, and treasury management activities. The firm also offers specialized cloud-infrastructure services tailored for artificial intelligence applications, diversifying its revenue streams beyond traditional mining. Established in 2015 under the name Golden Bull Limited, the company rebranded as Bit Digital, Inc. in September 2020 and is headquartered in New York, New York. With a notable fleet of Bitcoin miners, Bit Digital emphasizes sustainability, utilizing renewable energy sources to power a significant portion of its operations. This strategic approach aligns with industry trends toward environmental responsibility. The companys expansion into cloud services for AI underscores its commitment to technological advancement and diversification in the digital asset space.

ticker: BTBT exchange: NASDAQ type: common stock country: United States industry: Application Software

resistance levels: 4.9, 4.3, 3.8, 3.3, 2.5

technical_data: Average Volume 20d: 16,413,612 Last Price: 2.38 SMA 20: 2.94 SMA 50: 3.27 SMA 200: 3.38 ATR: 0.28

fundamental_data: Market Cap: $452.85M P/E: 0.00 Forward P/E: 7.76 P/B: 1.51 P/S: 4.62 RoE: -0.85%

3-Month Forecast: *Based on and :* The stock is currently trading at 2.38, below its SMA20 (2.94) and SMA50 (3.27), indicating a bearish trend. The ATR of 0.28 suggests moderate volatility. Key resistance levels at 4.9, 4.3, 3.8, 3.3, and 2.5 may pose challenges for upward movement. Fundamentally, while Bit Digital shows promising revenue growth (P/S: 4.62) and a forward P/E of 7.76 indicating expected earnings, the current P/E of 0 and negative RoE (-0.85%) highlight profitability concerns. The companys market cap of $452.85M reflects a mid-sized firm with potential for growth. Forecast Outlook: In the next three months, BTBT may experience sideways consolidation, attempting to breach the SMA50 resistance at 3.27. However, the bearish trend suggests limited upside unless the company demonstrates improved profitability. Potential upside could emerge if operational expansion and revenue growth translate into positive earnings, though the stock may face continued pressure from the resistance levels.

Additional Sources for BTBT Stock

News: Wall Street Journal Benzinga Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle

BTBT Stock Overview

Market Cap in USD 375m
Sector Financial Services
Industry Capital Markets
GiC Sub-Industry Application Software
IPO / Inception 2018-03-20

BTBT Stock Ratings

Growth 5y 37.6%
Fundamental -22.0%
Dividend 0.0%
Rel. Strength Industry 5.8
Analysts 4.67/5
Fair Price Momentum 1.85 USD
Fair Price DCF -

BTBT Dividends

No Dividends Paid

BTBT Growth Ratios

Growth Correlation 3m -84.6%
Growth Correlation 12m 44.6%
Growth Correlation 5y -23.1%
CAGR 5y 49.02%
CAGR/Max DD 5y 0.50
Sharpe Ratio 12m -0.75
Alpha -23.75
Beta 3.52
Volatility 110.21%
Current Volume 10662k
Average Volume 20d 18015k
What is the price of BTBT stocks?
As of March 18, 2025, the stock is trading at USD 2.41 with a total of 10,662,002 shares traded.
Over the past week, the price has changed by +11.57%, over one month by -19.13%, over three months by -42.89% and over the past year by +11.06%.
Is Bit Digital a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Bit Digital is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -21.95 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BTBT as of March 2025 is 1.85. This means that BTBT is currently overvalued and has a potential downside of -23.24%.
Is BTBT a buy, sell or hold?
Bit Digital has received a consensus analysts rating of 4.67. Therefor, it is recommend to buy BTBT.
  • Strong Buy: 2
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0
What are the forecast for BTBT stock price target?
According to ValueRays Forecast Model, BTBT Bit Digital will be worth about 2.2 in March 2026. The stock is currently trading at 2.41. This means that the stock has a potential downside of -7.88%.
Issuer Forecast Upside
Wallstreet Target Price 6.1 153.1%
Analysts Target Price 6.3 162.7%
ValueRay Target Price 2.2 -7.9%