BTBT Chart
About

Bit Digital, Inc., together with its subsidiaries, engages in the institutional grade ethereum treasury and staking business. It also designs and operates data centers and cloud solutions for AI training and inference workloads supported by renewable energy in Canada and Iceland. Additionally, it engages in the creation, installation, acquisition, and operation of various companies. 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.

Fundamentals
Scroll to Statements
Sector Financial Services Industry Capital Markets Market Cap 543.77M
Enterprise Value 554.83M Income 137.02M Sales 105.70M
Book/sh 2.79 Cash/sh 0.55 Dividend Yield —
Payout 0.00% Employees 54 IPO —
P/E 2.55 Forward P/E inf PEG —
P/S 5.14 P/B 0.60 P/C —
EV/EBITDA 3.42 EV/Sales 5.25 Quick Ratio 5.44
Current Ratio 17.53 Debt/Eq 4.01 LT Debt/Eq —
EPS (ttm) 0.66 EPS next Y 0.00 EPS Growth —
Revenue Growth 32.20% Earnings 2026-03-12 ROA 10.63%
ROE 19.53% ROIC — Gross Margin 49.23%
Oper. Margin 4.71% Profit Margin 129.63% Shs Outstand 323.67M
Shs Float 318.29M Short Float 19.38% Short Ratio 1.87
Short Interest — 52W High 4.55 52W Low 1.49
Beta 3.99 Avg Volume 31.09M Volume 18.65M
Target Price $5.12 Recom None Prev Close $1.66
Price $1.68 Change 1.20%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$5.13
Mean price target
2. Current target
$1.68
Latest analyst target
3. DCF / Fair value
$-25.54
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.68
Low
$4.00
High
$7.00
Mean
$5.13

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-17 reit HC Wainwright & Co. Buy → Buy $7
2025-08-18 reit HC Wainwright & Co. Buy → Buy $7
2025-06-26 reit HC Wainwright & Co. Buy → Buy $7
2025-05-19 reit HC Wainwright & Co. Buy → Buy $7
2025-04-21 reit HC Wainwright & Co. Buy → Buy $7
2025-03-17 reit HC Wainwright & Co. Buy → Buy $7
2025-01-21 init Craig-Hallum — → Buy $6
2024-11-19 reit HC Wainwright & Co. Buy → Buy $7
2024-10-24 init B. Riley Securities — → Buy $6
2024-08-21 reit HC Wainwright & Co. Buy → Buy $6
2024-07-12 reit HC Wainwright & Co. Buy → Buy $6
2024-07-01 main HC Wainwright & Co. Buy → Buy $6
2024-05-17 reit HC Wainwright & Co. Buy → Buy $5
2024-03-20 reit HC Wainwright & Co. Buy → Buy $5
2024-02-13 init Northland Capital Markets — → Outperform $6
2023-12-04 main HC Wainwright & Co. Buy → Buy $5
2023-08-17 reit HC Wainwright & Co. Buy → Buy $4
2023-06-14 main HC Wainwright & Co. — → Buy $4
2023-05-03 main HC Wainwright & Co. — → Buy $3
2022-12-09 main HC Wainwright & Co. — → Buy $2
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 205000 387450.0 — Conversion of Exercise of derivative security at price 1.89 per share. TABAR SAMIR V. Chief Executive Officer — 2026-01-28 00:00:00 D
1 205000 387450.0 — Conversion of Exercise of derivative security at price 1.89 per share. HUANG ERKE Chief Financial Officer — 2026-01-28 00:00:00 D
2 20000 nan — — PIERCE BROCK JEFFREY Director — 2025-12-12 00:00:00 I
3 1500000 3200192.0 — Sale at price 2.01 - 2.18 per share. HUANG ERKE Chief Financial Officer — 2025-11-21 00:00:00 D
4 325000 nan — — TABAR SAMIR V. Chief Executive Officer — 2025-10-15 00:00:00 D
5 325000 nan — — HUANG ERKE Chief Financial Officer — 2025-10-15 00:00:00 D
6 300000 nan — — TABAR SAMIR V. Chief Executive Officer — 2025-07-25 00:00:00 D
7 300000 nan — — HUANG ERKE Chief Financial Officer — 2025-07-25 00:00:00 D
8 47619 nan — — ZHU JUSTIN Officer — 2025-07-25 00:00:00 D
9 255000 nan — — TABAR SAMIR V. Chief Executive Officer — 2025-07-16 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-105.67K2.09M-658.81K-2.95M
TaxRateForCalcs0.120.210.010.27
NormalizedEBITDA60.73M-22.27M54.82M37.11M
TotalUnusualItems-859.08K9.96M-65.88M-10.93M
TotalUnusualItemsExcludingGoodwill-859.08K9.96M-65.88M-10.93M
NetIncomeFromContinuingOperationNetMinorityInterest28.31M-13.89M-105.30M-1.01M
ReconciledDepreciation32.31M14.43M27.83M13.11M
ReconciledCostOfRevenue62.38M29.56M20.37M30.74M
EBITDA59.87M-12.31M-11.06M26.18M
EBIT27.56M-26.74M-38.89M13.07M
NormalizedIncome29.06M-21.76M-40.07M6.97M
NetIncomeFromContinuingAndDiscontinuedOperation28.31M-13.89M-105.30M-1.01M
TotalExpenses136.20M71.65M71.19M83.01M
TotalOperatingIncomeAsReported27.56M-16.62M-107.17M5.89M
DilutedAverageShares141.51M87.53M78.61M55.44M
BasicAverageShares140.35M87.53M78.61M55.44M
DilutedEPS0.19-0.16-1.34-0.02
BasicEPS0.20-0.16-1.34-0.02
DilutedNIAvailtoComStockholders28.31M-13.89M-105.30M-1.01M
NetIncomeCommonStockholders28.31M-13.89M-105.30M-1.01M
NetIncome28.31M-13.89M-105.30M-1.01M
NetIncomeIncludingNoncontrollingInterests28.31M-13.89M-105.30M-1.01M
NetIncomeDiscontinuousOperations0.000.00
NetIncomeContinuousOperations28.31M-13.89M-105.30M-1.01M
TaxProvision3.98M279.04K-592.85K3.86M
PretaxIncome32.28M-13.61M-105.89M2.85M
OtherIncomeExpense4.72M13.12M-67.00M-10.22M
OtherNonOperatingIncomeExpenses5.58M3.16M-1.12M702.41K
SpecialIncomeCharges-859.08K9.95M-66.92M-10.93M
GainOnSaleOfPPE-859.08K-165.16K1.35M17.07M
WriteOff0.00-16.75M-6.42M0.00
ImpairmentOfCapitalAssets0.006.63M74.69M27.99M
GainOnSaleOfSecurity8.22K1.04M20.81M
OperatingIncome27.56M-26.74M-38.89M13.07M
OperatingExpense73.82M42.10M50.81M52.27M
DepreciationAmortizationDepletionIncomeStatement32.31M14.43M27.83M13.11M
DepreciationAndAmortizationInIncomeStatement32.31M14.43M27.83M13.11M
SellingGeneralAndAdministration41.51M27.67M22.98M39.15M
GeneralAndAdministrativeExpense41.51M27.67M22.98M39.15M
OtherGandA41.51M27.67M22.98M39.15M
GrossProfit101.38M15.36M11.92M65.34M
CostOfRevenue62.38M29.56M20.37M30.74M
TotalRevenue163.76M44.92M32.30M96.08M
OperatingRevenue163.21M44.92M32.30M96.08M
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber129.99K129.99K129.99K115.51K
OrdinarySharesNumber179.13M107.29M82.49M69.59M
ShareIssued179.26M107.42M82.62M69.71M
TotalDebt13.81M6.22M0.00
TangibleBookValue422.02M143.65M80.88M156.35M
InvestedCapital454.43M143.65M80.88M156.35M
WorkingCapital241.83M56.26M56.95M85.27M
NetTangibleAssets431.07M152.70M89.93M165.40M
CapitalLeaseObligations13.81M6.22M0.00
CommonStockEquity454.43M143.65M80.88M156.35M
PreferredStockEquity9.05M9.05M9.05M9.05M
TotalCapitalization463.48M152.70M89.93M165.40M
TotalEquityGrossMinorityInterest463.48M152.70M89.93M165.40M
StockholdersEquity463.48M152.70M89.93M165.40M
GainsLossesNotAffectingRetainedEarnings-1.57M0.00
OtherEquityAdjustments-1.57M
TreasuryStock1.17M1.17M1.17M1.09M
RetainedEarnings-98.21M-146.91M-131.42M-26.12M
AdditionalPaidInCapital553.58M290.66M212.65M182.87M
CapitalStock10.84M10.12M9.87M9.75M
CommonStock1.79M1.07M824.86K695.91K
PreferredStock9.05M9.05M9.05M9.05M
TotalLiabilitiesNetMinorityInterest74.77M36.62M10.49M8.27M
TotalNonCurrentLiabilitiesNetMinorityInterest19.74M9.54M3.04M3.23M
OtherNonCurrentLiabilities785.37K1.88M
TradeandOtherPayablesNonCurrent3.20M3.20M3.04M2.77M
NonCurrentDeferredLiabilities6.48M112.25K0.00462.37K
NonCurrentDeferredRevenue73.49K0.00
NonCurrentDeferredTaxesLiabilities6.41M112.25K0.00462.37K
LongTermDebtAndCapitalLeaseObligation9.28M4.35M0.00
LongTermCapitalLeaseObligation9.28M4.35M0.00
CurrentLiabilities55.03M27.08M7.44M5.04M
CurrentDeferredLiabilities30.70M13.07M0.00
CurrentDeferredRevenue30.70M13.07M0.00
CurrentDebtAndCapitalLeaseObligation4.53M1.86M
CurrentCapitalLeaseObligation4.53M1.86M0.00
PayablesAndAccruedExpenses19.80M12.14M7.44M5.04M
CurrentAccruedExpenses0.002.10M0.00
Payables19.80M12.14M5.34M5.04M
OtherPayable13.99M9.78M1.71M1.88M
DuetoRelatedPartiesCurrent0.00
DividendsPayable800.00K0.00
TotalTaxPayable1.60M50.97K0.00559.77K
IncomeTaxPayable1.60M50.97K0.00559.77K
AccountsPayable3.42M2.32M3.63M2.61M
TotalAssets538.25M189.33M100.42M173.68M
TotalNonCurrentAssets241.39M105.98M36.03M83.36M
OtherNonCurrentAssets1.49M183.66K68.04K6.71M
NonCurrentPrepaidAssets7.10M7.22M8.97M6.71M
NonCurrentDeferredAssets1.07M1.88M0.0058.08K
NonCurrentDeferredTaxesAssets89.25K0.000.0058.08K
NonCurrentNoteReceivables400.00K400.00K0.00
InvestmentsAndAdvances37.58M4.37M1.79M1.00M
OtherInvestments6.78M0.001.79M1.00M
InvestmentinFinancialAssets30.80M4.37M1.79M1.00M
AvailableForSaleSecurities30.80M4.37M1.79M1.00M
GoodwillAndOtherIntangibleAssets32.41M0.00
OtherIntangibleAssets13.03M
Goodwill19.38M0.00
NetPPE161.33M91.92M25.20M75.58M
AccumulatedDepreciation-36.95M-20.65M-9.07M-6.61M
GrossPPE198.28M112.56M25.20M82.19M
Leases2.03M0.00
ConstructionInProgress44.18M55.26M2.59M43.09M
OtherProperties128.35M57.07M22.61M39.10M
MachineryFurnitureEquipment730.86K235.58K
BuildingsAndImprovements19.47M0.00
LandAndImprovements3.50M0.00
Properties0.000.0032.22M39.10M
CurrentAssets296.86M83.35M64.40M90.32M
OtherCurrentAssets161.59M41.04M27.91M29.07M
CurrentDeferredAssets982.04K1.04M0.00
RestrictedCash3.73M1.32M1.32M0.00
PrepaidAssets5.29M2.70M1.11M3.02M
Receivables27.10M13.86M736.45K0.00
OtherReceivables21.83M13.86M
TaxesReceivable0.00736.45K0.00
AccountsReceivable5.27M0.00
CashCashEquivalentsAndShortTermInvestments98.16M23.38M33.32M58.23M
OtherShortTermInvestments2.96M6.52M626.44K15.83M
CashAndCashEquivalents95.20M16.86M32.69M42.40M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-106.99M-65.55M-27.83M-64.19M
RepaymentOfDebt0.000.00-12.00K
IssuanceOfDebt0.000.001.28M
IssuanceOfCapitalStock242.86M53.82M21.01M109.21M
CapitalExpenditure-94.00M-66.66M-19.33M-46.84M
InterestPaidSupplementalData0.000.000.00
IncomeTaxPaidSupplementalData131.91K734.20K125.00K
EndCashPosition98.93M18.18M34.01M42.40M
BeginningCashPosition18.18M34.01M42.40M405.13K
EffectOfExchangeRateChanges-95.26K0.000.000.00
ChangesInCash80.85M-15.83M-8.39M41.99M
FinancingCashFlow242.86M52.22M18.71M106.19M
CashFlowFromContinuingFinancingActivities242.86M52.22M18.71M106.19M
NetOtherFinancingCharges-2.30M-4.29M
ProceedsFromStockOptionExercised0.002.55K0.000.00
CashDividendsPaid0.00-1.60M0.000.00
PreferredStockDividendPaid0.00-1.60M0.000.00
NetCommonStockIssuance242.86M53.82M21.01M109.21M
CommonStockIssuance242.86M53.82M21.01M109.21M
NetIssuancePaymentsOfDebt0.000.001.27M
NetLongTermDebtIssuance0.000.001.27M
LongTermDebtPayments0.000.00-12.00K
LongTermDebtIssuance0.000.001.28M
InvestingCashFlow-149.02M-69.16M-18.61M-46.84M
CashFromDiscontinuedInvestingActivities0.00
CashFlowFromContinuingInvestingActivities-149.02M-69.16M-18.61M-46.84M
NetOtherInvestingChanges-400.00K5.91M
NetInvestmentPurchaseAndSale-17.00M-2.10M-293.33K0.00
SaleOfInvestment0.0089.52K1.71M0.00
PurchaseOfInvestment-17.00M-2.19M-2.00M0.00
NetBusinessPurchaseAndSale-38.79M0.00-59.70K0.00
SaleOfBusiness176.00K0.000.000.00
PurchaseOfBusiness-38.97M0.00-59.70K0.00
NetIntangiblesPurchaseAndSale5.91M
SaleOfIntangibles5.91M
NetPPEPurchaseAndSale-93.23M-66.66M-18.25M-46.84M
SaleOfPPE772.39K0.001.08M0.00
PurchaseOfPPE-94.00M-66.66M-19.33M-46.84M
OperatingCashFlow-12.99M1.11M-8.50M-17.35M
CashFromDiscontinuedOperatingActivities0.00
CashFlowFromContinuingOperatingActivities-12.99M1.11M-8.50M-17.35M
ChangeInWorkingCapital32.84M48.24M32.42M33.38M
ChangeInOtherWorkingCapital19.52M13.19M-1.30M559.77K
ChangeInOtherCurrentLiabilities-1.94M8.10M0.000.00
ChangeInOtherCurrentAssets10.84M18.87M25.29M-89.45K
ChangeInPayablesAndAccruedExpense9.09M7.35M7.86M33.47M
ChangeInPayable9.09M7.35M7.86M33.47M
ChangeInAccountPayable3.50M692.85K3.16M21.55M
ChangeInTaxPayable1.54M203.17K-283.00K3.33M
ChangeInIncomeTaxPayable1.54M203.17K-283.00K3.33M
ChangeInReceivables-4.67M736.44K-736.45K0.00
ChangesInAccountReceivables-4.67M0.000.00
OtherNonCashItems1.27M619.36K
StockBasedCompensation9.88M9.12M2.26M21.91M
UnrealizedGainLossOnInvestmentSecurities-2.58M-1.16M519.51K0.00
ProvisionandWriteOffofAssets129.84K0.00
AssetImpairmentCharge0.008.67M74.82M27.99M
DeferredTax0.000.00-404.29K404.29K
DeferredIncomeTax0.000.00-404.29K404.29K
DepreciationAmortizationDepletion32.31M14.43M27.83M13.11M
DepreciationAndAmortization32.31M14.43M27.83M13.11M
Depreciation14.43M27.83M13.11M
OperatingGainsLosses-115.01M-64.30M-41.27M-113.15M
EarningsLossesFromEquityInvestments0.007.70K0.000.00
GainLossOnInvestmentSecurities-2.55M-1.44M-1.04M
GainLossOnSaleOfPPE-113.44M-62.87M-40.17M-113.15M
GainLossOnSaleOfBusiness978.94K0.00-52.38K0.00
NetIncomeFromContinuingOperations28.31M-13.89M-105.30M-1.01M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for BTBT
Date User Asset Broker Type Position Size Entry Price Patterns