Bit Digital Inc Ordinary Shares BTBT

Morningstar Rating
$1.58 +0.04 (2.60%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

BTBT is trading at a LOCK|xnw>% premium.
Price
$1.40
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation

News

Trading Information

Previous Close Price
$1.54
Day Range
$1.551.61
52-Week Range
$1.254.55
Bid/Ask
$1.55 / $1.56
Shares Outstanding
353.40M
Market Cap
$558.37M
Volume/Avg
50,476 / 26M

Key Statistics

Price/Earnings (Normalized)
6.18
Price/Sales
3.99
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Bit Digital Inc is engaged in the Bitcoin mining business, Ethereum staking activities and specialized cloud-infrastructure services for artificial intelligence applications through its wholly owned subsidiaries. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. The Company has four reportable segments: digital asset mining, cloud services, colocation services, and ETH Staking. It generates majority of its revenue from digital asset mining.
Sector
Financial Services
Industry
Capital Markets
Stock Style Box
Small Value
Total Number of Employees
104

Valuation

Metric
BTBT
Price/Earnings (Normalized)
5.47
Price/Book Value
1.01
Price/Sales
3.54
Price/Cash Flow
Price/Earnings
BTBT

Financial Strength

Metric
BTBT
Quick Ratio
2.29
Current Ratio
6.36
Interest Coverage
Quick Ratio
BTBT

Profitability

Metric
BTBT
Return on Assets (Normalized)
−2.02%
Return on Equity (Normalized)
−3.05%
Return on Invested Capital (Normalized)
−2.27%
Return on Assets
BTBT

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