Bit Digital Inc

Bit Digital Inc

BTBT · NASDAQ · Financial Services / Capital Markets

0.6619USD-0.10 (-13.64%)

Price History

Full chart

Market Stats

Previous Close0.7664
Open0.7666
Day Range0.6619 – 0.7682
52-Week Range0.8051 – 3.69
Volume20.90M
Market Cap348.08M
P/E (TTM)0.00
Forward P/E7.76
EPS-1.05
Dividend Yield0.00%
Beta3.85
50-Day Avg1.42
200-Day Avg1.64

About

Bit Digital, Inc., together with its subsidiaries, engages in the institutional grade ethereum treasury and staking business. The company designs and operates data centers that provides hosting and colocation services; and cloud solutions for AI training and inference workloads. It is also involved in digital asset mining business. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was founded in 2015 and is headquartered in New York, New York.

Company Details

  • SectorFinancial Services
  • IndustryCapital Markets
  • CEOMr. Samir Tabar
  • Employees104
  • Headquarters31 Hudson Yards, New York, NY, United States, 10001, USA
  • Websitehttps://www.bit-digital.com

Leadership

  • Mr. Samir TabarChief Executive Officer · b. 1972
  • Mr. Erke HuangCFO, Secretary & Director · b. 1989
  • Mr. Thomas SanfilippoChief Technology Officer · b. 1964
  • Mr. Daniel Kelly KennedyHead of Investor Relations · b. 1985
  • Mr. Benjamin LamsonHead of Revenue · b. 1986
  • Mr. David BayleChief Technology Officer in Enovum

Financials

Income Statement

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-3.71M6.95M7.89M4.59M21.07M96.08M32.30M44.92M163.76M113.56M
Growth (%)--+87.65%+13.45%-41.84%+359.13%+356.10%-66.39%+39.07%+264.59%-30.65%
Cost of Revenue--391.93K--14.10M30.74M20.37M29.56M62.38M89.21M
Gross Profit-3.71M6.56M7.89M4.59M6.96M65.34M11.92M15.36M101.38M24.35M
Gross Margin-100.00%94.36%100.00%100.00%33.04%68.01%36.91%34.20%61.91%21.45%
Operating Expense-3.49M7.92M9.78M9.57M5.40M59.45M119.09M31.98M73.82M80.96M
Operating Income-142.00K216.85K-1.36M-1.89M-4.98M1.56M5.89M-107.17M-16.62M27.56M-56.61M
Operating Margin-5.85%-19.54%-23.97%-108.61%7.39%6.13%-331.82%-37.00%16.83%-49.85%
EBITDA1.56M255.83K-1.21M-1.81M-4.95M4.45M26.18M-11.06M-12.31M59.87M-19.79M
EBITDA Margin-6.90%-17.39%-22.92%-107.95%21.10%27.25%-34.25%-27.41%36.56%-17.43%
Net Income-106.00K160.91K-942.00K-3.54M-6.94M-2.28M-1.01M-105.30M-13.89M28.31M-80.32M
Net Income Margin-4.34%-13.55%-44.84%-151.21%-10.82%-1.05%-326.03%-30.93%17.29%-70.73%
R&D29.94K417.90K485.85K447.88K137.42K137.42K-----
R&D as % of Total Revenue-11.28%6.99%5.68%3.00%0.65%-----
Interest Expense-2741.70K297.69K995.76K1.94K9.40M132.62M003.09M
Interest Expense % of Total Revenue-0.01%0.02%3.77%21.70%0.01%9.79%410.63%0.00%0.00%2.72%

Balance Sheet

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets879.99K9.10M12.91M12.48M6.57M39.89M179.92M100.42M189.33M538.25M1.17B
Total Liabilities61.24K282.29K469.23K403.22K1.51M1.89M8.27M10.49M36.62M74.77M309.16M
Total Equity818.75K7.86M11.84M11.61M5.06M38.00M171.64M89.93M152.70M463.48M723.99M
Cash674.51K7.38M5.46M2.33M34.48K405.13K42.40M32.69M18.18M95.20M122.21M
Total Debt-----336.72K--6.22M13.81M134.17M
Net Debt-674.51K-7.38M-5.46M-2.33M-34.48K-68.41K-42.40M-32.69M-11.96M-81.40M11.95M

Cash Flow

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-230.35K-1.09M-1.91M-5.05M-1.35M-3.42M-23.26M-8.50M1.11M-12.99M-288.92M
Investing Cash Flow-21.55K-108.76K-31.21K-3.33M1.40M-2.05M-40.93M-18.61M-69.16M-149.02M-287.42M
Financing Cash Flow936.60K8.04M-389.63K5.94M5.25M5.25M106.19M18.71M52.22M242.86M599.08M
Capital Expenditure21.55K108.76K49.08K3.33M873.68K4.51M46.84M19.33M66.66M94.00M285.93M
Free Cash Flow-251.91K-1.20M-1.96M-8.38M-2.23M-7.92M-70.10M-27.83M-65.55M-106.99M-574.85M
Dividends Paid------1.09M01.60M800.00K800.00K
FCF to OCF109.36%109.96%102.57%166.01%164.54%231.77%301.39%327.56%-5929.33%823.82%198.96%
Dividend Paid to FCF-------1.56%0.00%-2.44%-0.75%-0.14%

Earnings

Report DateMar 31, 2016Jun 30, 2016Aug 4, 2016Dec 31, 2016Feb 3, 2017Jun 30, 2017Sep 8, 2017Dec 31, 2017Mar 21, 2018Apr 30, 2018Sep 30, 2018Oct 1, 2018Mar 31, 2019Apr 30, 2019Sep 30, 2019Dec 31, 2019Jan 31, 2020Jun 30, 2020Sep 30, 2020Oct 19, 2020Mar 30, 2021May 20, 2021Aug 20, 2021Dec 23, 2021Mar 2, 2022Jun 22, 2022Aug 30, 2022Dec 7, 2022Mar 29, 2023Apr 28, 2023Aug 15, 2023Nov 14, 2023Mar 18, 2024May 15, 2024Aug 19, 2024Nov 18, 2024Mar 14, 2025May 15, 2025Aug 14, 2025Nov 14, 2025Dec 31, 2025May 15, 2026Aug 13, 2026Nov 13, 2026
EPS Estimate0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00-0.030.14--0.070.01-0.06-0.13-0.13-0.01-0.01-0.050.01-0.04-0.02-0.03-0.05-0.02-0.00-0.01-0.04-0.05-0.05
EPS Actual-7.32-7.32-0.0210.420.01-0.51-0.02-0.02-0.02-0.02-0.09-0.05-0.22-0.18-0.12-0.01-0.43-0.010.00-0.020.050.74-0.03-0.30-0.140.04-0.23-0.17-0.12-0.180.02-0.03-0.020.05-0.01-0.110.19-0.050.07-0.07-0.05-0.45-0.06-
Surprise----------------------0.00%-314.29%-157.14%-2400.00%-183.33%11.54%-38.46%300.00%-200.00%60.00%400.00%75.00%-450.00%733.33%0.00%450.00%-4017.65%-396.00%-1025.00%-20.00%-
Timing---------------------After-hoursAfter-hoursPre-market-Pre-marketAfter-hoursPre-market-Pre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-market-After-hoursPre-market-Pre-marketPre-market-

Key Statistics & Ratios

Market Cap348.08M
Enterprise Value726.34M
Trailing P/E0.00
Forward P/E7.76
Price / Sales2.87
Price / Book0.85
EPS-1.05
Book Value1.09
Revenue (TTM)121.27M
Gross Profit (TTM)69.21M
EBITDA-231.81M
Profit Margin-240.25%
Operating Margin-244.97%
Return on Equity-52.18%
Return on Assets-17.44%
Shares Outstanding360.63M
Shares Float352.80M
Beta3.85
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 5 analystsTarget 3.63
  • Strong Buy
    5

Ownership Breakdown

Institutions
51.66%
Insiders
1.92%
Retail / Other
46.42%

Top Institutional Holders

  • BlackRock Inc
    31.24M8.67%
  • State Street Corp
    13.45M3.73%
  • Geode Capital Management, LLC
    10.51M2.92%
  • Millennium Management LLC
    9.16M2.54%
  • Charles Schwab Investment Management Inc
    8.31M2.31%
  • Allspring Global Investments Holdings, LLC
    7.99M2.22%
  • Citadel Advisors Llc
    7.89M2.19%
  • Amvescap Plc.
    7.02M1.95%
  • The Goldman Sachs Group Inc
    5.02M1.39%
  • Jane Street Group LLC
    4.75M1.32%
  • HRT FINANCIAL LLC
    4.48M1.24%
  • Renaissance Technologies Corp
    3.91M1.09%
  • Weiss Asset Management LP
    3.84M1.06%
  • Vanguard Capital Management, LLC
    3.81M1.06%
  • Morgan Stanley - Brokerage Accounts
    3.77M1.05%

Top Fund Holders

  • iShares Russell 2000 ETF
    9.23M2.56%
  • Allspring Special Small Cap Value A
    5.82M1.61%
  • Schwab Crypto Thmtc NatrlLngugePrcsngETF
    5.42M1.50%
  • Invesco CoinShares Global Blockchain ETF
    5.10M1.42%
  • Stt Strt®SPDR®S&PKenshoNwEcosComposETF
    4.40M1.22%