Bit Digital, Inc. (BTBT)
NASDAQ: BTBT · Real-Time Price · USD
1.805
-0.325 (-15.26%)
At close: May 15, 2026, 4:00 PM EDT
1.740
-0.065 (-3.60%)
Pre-market: May 18, 2026, 6:30 AM EDT

Bit Digital Statistics

Total Valuation

Bit Digital has a market cap or net worth of $630.29 million. The enterprise value is $914.63 million.

Market Cap630.29M
Enterprise Value 914.63M

Important Dates

The last earnings date was Thursday, May 14, 2026, after market close.

Earnings Date May 14, 2026
Ex-Dividend Date n/a

Share Statistics

Bit Digital has 349.19 million shares outstanding. The number of shares has increased by 87.16% in one year.

Current Share Class 349.19M
Shares Outstanding 349.19M
Shares Change (YoY) +87.16%
Shares Change (QoQ) +0.57%
Owned by Insiders (%) 1.78%
Owned by Institutions (%) 40.63%
Float 342.85M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 5.49
Forward PS 4.05
PB Ratio 1.30
P/TBV Ratio 1.47
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 7.97
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 6.36, with a Debt / Equity ratio of 0.60.

Current Ratio 6.36
Quick Ratio 2.29
Debt / Equity 0.60
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -22.50

Financial Efficiency

Return on equity (ROE) is -34.60% and return on invested capital (ROIC) is -20.74%.

Return on Equity (ROE) -34.60%
Return on Assets (ROA) -13.80%
Return on Invested Capital (ROIC) -20.74%
Return on Capital Employed (ROCE) -16.69%
Weighted Average Cost of Capital (WACC) 17.14%
Revenue Per Employee $1.10M
Profits Per Employee -$1.63M
Employee Count104
Asset Turnover 0.14
Inventory Turnover n/a

Taxes

Income Tax -2.26M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -15.65% in the last 52 weeks. The beta is 3.96, so Bit Digital's price volatility has been higher than the market average.

Beta (5Y) 3.96
52-Week Price Change -15.65%
50-Day Moving Average 1.60
200-Day Moving Average 2.37
Relative Strength Index (RSI) 52.31
Average Volume (20 Days) 25,376,579

Short Selling Information

The latest short interest is 61.08 million, so 17.49% of the outstanding shares have been sold short.

Short Interest 61.08M
Short Previous Month 63.72M
Short % of Shares Out 17.49%
Short % of Float 17.82%
Short Ratio (days to cover) 3.39

Income Statement

In the last 12 months, Bit Digital had revenue of $114.78 million and -$169.27 million in losses. Loss per share was -$0.58.

Revenue114.78M
Gross Profit 63.08M
Operating Income -183.98M
Pretax Income -179.75M
Net Income -169.27M
EBITDA -144.37M
EBIT -183.98M
Loss Per Share -$0.58
Full Income Statement

Balance Sheet

The company has $79.53 million in cash and $363.87 million in debt, with a net cash position of -$284.34 million or -$0.81 per share.

Cash & Cash Equivalents 79.53M
Total Debt 363.87M
Net Cash -284.34M
Net Cash Per Share -$0.81
Equity (Book Value) 608.68M
Book Value Per Share 1.39
Working Capital 421.19M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$307.42 million and capital expenditures -$390.14 million, giving a free cash flow of -$697.56 million.

Operating Cash Flow -307.42M
Capital Expenditures -390.14M
Depreciation & Amortization 39.61M
Net Borrowing 365.46M
Free Cash Flow -697.56M
FCF Per Share -$2.00
Full Cash Flow Statement

Margins

Gross margin is 54.95%, with operating and profit margins of -160.29% and -147.48%.

Gross Margin 54.95%
Operating Margin -160.29%
Pretax Margin -156.61%
Profit Margin -147.48%
EBITDA Margin -125.78%
EBIT Margin -160.29%
FCF Margin n/a

Dividends & Yields

Bit Digital does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -87.16%
Shareholder Yield -87.16%
Earnings Yield -26.86%
FCF Yield -110.67%

Analyst Forecast

The average price target for Bit Digital is $4.80, which is 165.93% higher than the current price. The consensus rating is "Strong Buy".

Price Target $4.80
Price Target Difference 165.93%
Analyst Consensus Strong Buy
Analyst Count 5
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Bit Digital has an Altman Z-Score of 0.4 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.4
Piotroski F-Score 2