Bit Digital, Inc. (BTBT)

Bit Digital Statistics

Total Valuation

Bit Digital has a market cap or net worth of $437.79 million. The enterprise value is $356.39 million.

Market Cap	437.79M
Enterprise Value	356.39M

Important Dates

The next confirmed earnings date is Thursday, May 15, 2025, after market close.

Earnings Date	May 15, 2025
Ex-Dividend Date	n/a

Share Statistics

Bit Digital has 203.62 million shares outstanding. The number of shares has increased by 61.66% in one year.

Current Share Class	203.62M
Shares Outstanding	203.62M
Shares Change (YoY)	+61.66%
Shares Change (QoQ)	+15.76%
Owned by Insiders (%)	0.62%
Owned by Institutions (%)	30.79%
Float	202.36M

Valuation Ratios

The trailing PE ratio is 11.32.

PE Ratio	11.32
Forward PE	n/a
PS Ratio	2.81
Forward PS	2.80
PB Ratio	0.85
P/TBV Ratio	1.04
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	12.59
EV / Sales	3.32
EV / EBITDA	6.01
EV / EBIT	13.19
EV / FCF	n/a

Financial Position

The company has a current ratio of 5.39, with a Debt / Equity ratio of 0.03.

Current Ratio	5.39
Quick Ratio	1.99
Debt / Equity	0.03
Debt / EBITDA	0.23
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 9.19% and return on invested capital (ROIC) is 5.31%.

Return on Equity (ROE)	9.19%
Return on Assets (ROA)	4.64%
Return on Invested Capital (ROIC)	5.31%
Return on Capital Employed (ROCE)	5.59%
Revenue Per Employee	$1.99M
Profits Per Employee	$524,182
Employee Count	54
Asset Turnover	0.30
Inventory Turnover	n/a

Taxes

In the past 12 months, Bit Digital has paid $3.98 million in taxes.

Income Tax	3.98M
Effective Tax Rate	12.32%

Stock Price Statistics

Beta (5Y)	5.27
52-Week Price Change	n/a
50-Day Moving Average	2.12
200-Day Moving Average	3.15
Relative Strength Index (RSI)	55.50
Average Volume (20 Days)	11,091,319

Short Selling Information

The latest short interest is 28.09 million, so 13.79% of the outstanding shares have been sold short.

Short Interest	28.09M
Short Previous Month	31.08M
Short % of Shares Out	13.79%
Short % of Float	13.88%
Short Ratio (days to cover)	2.30

Income Statement

In the last 12 months, Bit Digital had revenue of $107.50 million and earned $28.31 million in profits. Earnings per share was $0.19.

Revenue	107.50M
Gross Profit	45.12M
Operating Income	27.01M
Pretax Income	40.25M
Net Income	28.31M
EBITDA	59.32M
EBIT	27.01M
Earnings Per Share (EPS)	$0.19

Balance Sheet

The company has $95.20 million in cash and $13.81 million in debt, giving a net cash position of $81.40 million or $0.40 per share.

Cash & Cash Equivalents	95.20M
Total Debt	13.81M
Net Cash	81.40M
Net Cash Per Share	$0.40
Equity (Book Value)	463.48M
Book Value Per Share	2.54
Working Capital	241.83M

Cash Flow

In the last 12 months, operating cash flow was -$12.99 million and capital expenditures -$94.00 million, giving a free cash flow of -$106.99 million.

Operating Cash Flow	-12.99M
Capital Expenditures	-94.00M
Free Cash Flow	-106.99M
FCF Per Share	-$0.53

Margins

Gross margin is 41.97%, with operating and profit margins of 25.13% and 26.33%.

Gross Margin	41.97%
Operating Margin	25.13%
Pretax Margin	30.03%
Profit Margin	26.33%
EBITDA Margin	55.18%
EBIT Margin	25.13%
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	-61.66%
Shareholder Yield	-61.66%
Earnings Yield	6.47%
FCF Yield	-24.44%

Analyst Forecast

The average price target for Bit Digital is $6.33, which is 194.42% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$6.33
Price Target Difference	194.42%
Analyst Consensus	Strong Buy
Analyst Count	3
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	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 3.8 and a Piotroski F-Score of 4.

Altman Z-Score	3.8
Piotroski F-Score	4