Bit Digital, Inc.

BTBT Financial Capital Markets

Bit Digital, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $113.6 million, up 5.10% from fiscal 2024.

Revenue
+25.2%
EPS
−542.9%
Free cash flow
−100.8%

Quarter to June 2026, against a year earlier

0.74 0.03 +4.23%
Market cap
$254.6M
P/E
0.0×
Fwd P/E
−1.1×
Dividend yield
—
F-score
2/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 13.39%

Capital & Financial Ratios $m

Size
Market Cap 254.61
Revenue ttm 122.83
Net income ttm (304.03)
Free cash flow ttm (733.06)
Net debt Q 349.61
Valuation
P/E 0.00
Forward P/E (1.09) (negative: loss-making)
Price / sales 2.02
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.48
Financial health
Current ratio Q 1.51
Debt / equity Q 0.83
Interest coverage Q (10.25)
Growth
Revenue growth Q +25.15% (above 0%: growing)
Operating income growth Q −803.81% (below 0%: shrinking)
EPS, this year −135.48% (below 0%: weak)
EPS, next year A +95.34% (at or above 15%: strong)
Revenue, next year A +31.91% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A −9.68% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 10.45%
10-year low 10-year high
P/B against its own 10 years 4.03%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 65 263 542 90
Receivables — 5 24 129
Inventory — — — —
Other 19 29 27 26
83 297 594 245
2023 2024 2025 Q'26
Payables 2 3 9 14
ST’ Debt — — — 78
Other — — — —
27 55 93 163

Compound Annual Growth %

10y 5y 3y
Sales — 40.07% 52.06%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 86.84% 112.69%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.45) (0.31) — — —
’25 (0.32) 0.07 0.47 (0.77) (0.31)
’24 0.43 (0.09) (0.26) 0.20 0.19
’23 (0.03) (0.03) (0.08) (0.02) (0.16)
’22 (0.06) (0.23) (0.27) (0.79) (1.34)
’21 0.74 (0.03) (0.37) (0.20) (0.02)
’20 (0.25) (0.01) 0.00 0.20 (0.06)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 28 32 — — —
’25 25 26 30 32 114
’24 30 29 23 26 108
’23 8 9 12 16 45
’22 9 7 9 8 32
’21 44 28 10 13 96
’20 0 1 8 12 21
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (1) 48 — — —
’25 17 18 (240) (84) (289)
’24 (21) (10) 10 7 (13)
’23 (1) (8) (14) 24 1
’22 0 2 (11) 1 (8)
’21 (3) (2) (3) (10) (17)
’20 0 (1) (8) 5 (3)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (144) (128) — — —
’25 (48) (64) (256) (206) (573)
’24 (21) (15) 9 (79) (106)
’23 (1) (15) (15) (42) (66)
’22 0 (17) (11) 1 (27)
’21 (3) (2) (3) (15) (24)
’20 0 (12) (15) 19 (8)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 4 7 8 5 21 96 32 45 108 114 123 +46.3% 150 304 423 +55.1%
Gross margin, % 100.00 100.00 100.00 100.00 33.04 68.01 36.91 34.20 42.27 53.87 57.64 (46.1) pt
EBT 0 (1) (4) (2) 2 3 (106) (14) 32 (87) (309) n/m
EBT margin, % 5.93 (18.24) (50.68) (43.60) 9.14 2.96 (327.87) (30.31) 29.88 (76.56) (251.84) (82.5) pt
Net income 0 (1) (4) (2) 2 (1) (105) (14) 28 (85) (304) n/m
Per share, $
Per share, $ Revenue 142.53 1.02 0.55 0.30 0.69 1.73 0.41 0.51 0.77 0.44 0.35 (47.4%)
Earnings 6.34 (0.14) (0.24) (0.62) (0.06) (0.02) (1.34) (0.16) 0.20 (0.31) (1.05) n/m
Cash flow (42.01) (0.28) (0.35) (0.09) (0.11) (0.31) (0.11) 0.01 (0.09) (1.12) (0.79) (33.1%)
Capex (4.18) (0.01) (0.05) 0.00 (0.15) (0.12) (0.23) (0.76) (0.66) (1.10) (1.30) (13.8%)
Free cash flow (46.20) (0.29) (0.40) (0.09) (0.26) (0.43) (0.34) (0.75) (0.76) (2.22) (2.09) (28.6%)
Book value 339.22 1.83 0.84 0.27 1.24 2.98 1.14 1.74 3.30 3.36 1.52 (40.1%)
Shares, m 0 7 14 15 31 55 79 88 140 258 313 +178.0%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 40.53 0.00 0.00 9.77 0.00 0.00 5.0
P/S 0.00 0.00 0.00 0.84 31.82 3.51 1.58 7.43 3.81 4.29 2.02 5.3
P/B 0.00 0.00 0.00 1.59 17.64 2.16 0.63 2.32 0.90 0.57 0.48 2.6
EV/Sales 0.00 0.00 0.00 0.83 31.80 3.08 0.57 6.01 1.38 4.16 — 4.8
EV/FCF 1.10 1.10 0.26 (0.67) (84.53) (12.43) (0.57) (3.66) (1.41) (0.82) — (10.2)
Cash, $m
Cash, $m Operating cash flow (1) (2) (5) (1) (3) (17) (8) 1 (13) (289) (277) +85.8%
Capex 0 0 (1) 0 (5) (6) (18) (67) (93) (284) (456) +139.7%
Free cash flow (1) (2) (6) (1) (8) (24) (27) (66) (106) (573) (733) +98.4%
Balance, $m
Balance, $m Working capital 8 10 5 0 7 85 57 56 242 501 83 +59.2%
Net debt (7) (5) (2) 0 0 (42) (34) (65) (263) (432) 350 +57.2%
Shareholders’ equity 9 12 12 4 38 165 90 153 463 865 532 +66.5%
Returns, %
Returns, % ROA 1.46 (8.56) (26.98) (113.85) (8.60) (0.95) (76.83) (9.59) 7.78 (9.38) (29.74) (10.8) pt
ROIC 9.41 (12.16) (26.84) (30.60) 1.86 2.99 (119.77) (11.81) 8.59 (13.24) (19.62) (22.6) pt
ROE 1.63 (8.86) (27.94) (119.72) (9.08) (1.04) (88.77) (12.38) 9.47 (12.26) (50.79) (13.9) pt
People
People Employees 106 110 91 63 11 12 18 24 54 104 — (0.2%)
Revenue/emp, $m 0.03 0.06 0.09 0.07 1.92 8.01 1.79 1.87 2.00 1.09 — +46.6%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 25 Oct 2026

Bit Digital, Inc. vs peers in Capital Markets (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CSHR CoinShares PLC $495.5M 5.0× — — +128.25% (above 0%: growing) −51.03% (below 0%: shrinking) — 0.00% Compare
HIVE HIVE Digital Technologies Ltd. $447.1M — (loss-making) — (loss-making) +73.47% (above 0%: growing) n/m −12.46% (below 0%: shrinking) 31.90% (58.65%) Compare
FWDI Forward Industries, Inc. $434.8M — (loss-making) — (loss-making) +332.09% (above 0%: growing) n/m −4,212.31% (below 0%: shrinking) 62.19% (651.82%) Compare
ABTC American Bitcoin Corp. $386.7M — (loss-making) — (loss-making) +121.28% (above 0%: growing) n/m −3,990.00% (below 0%: shrinking) 49.25% (110.54%) Compare
GEMI Gemini Space Station, Inc. $313.2M — (loss-making) — (loss-making) +36.61% (above 0%: growing) n/m −6,650.00% (below 0%: shrinking) 100.00% (169.19%) Compare
BTBT Bit Digital, Inc. $254.6M — (loss-making) — (loss-making) +25.15% (above 0%: growing) n/m −100.81% (below 0%: shrinking) 57.92% (257.26%)
CNCK Coincheck Group N.V. $243.6M — (loss-making) — +24.29% (above 0%: growing) n/m −299.22% (below 0%: shrinking) 2.55% (1.20%) Compare
SVIA Silvia, Inc. $232.2M — (loss-making) — — n/m — 100.00% (40,513.51%) Compare
USDE StablecoinX Inc. $178.9M — (loss-making) — — n/m −105.33% (below 0%: shrinking) 60.26% (58,278.53%) Compare
Median of peers $349.9M — — +73.47% — −299.22% 60.26% (139.86%)

All 97 Capital Markets stocks →

Pay and ownership Proxy statement filed 8 June 2026

Ownership

Directors and executive officers, together 14.00% of the votes
Geney Development Limited 13.30% of the votes
Zhaohui Deng 9.10% of the votes
BlackRock, Inc. 6.20% of the votes
Erke Huang 4.60% of the votes
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Bit Digital, Inc. (BTBT) Latest News

14 Aug

Impact 3 · · beincrypto.com

13 Aug

Impact 4 · · Moby transcript
Impact 4 · · Proactive Investors
Impact 3 · · The Motley Fool transcript
Impact 3 · · MarketBeat

30 Jun

Impact 4 · · coinage.media

31 May

stockrow.com/BTBT · Data as of Oct 25, 2026 · For information only; not investment advice. · © 2026 stockrow.com