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. In the quarter to June 2026, revenue grew 25.2%, EPS fell 542.9% and free cash flow fell 100.8%, each against the same quarter a year earlier. Revenue growth for three consecutive years.

0.96 0.12 −11.11%
Market cap
$389.5M
P/E
0.0×
Fwd P/E
−3.1×
Dividend yield
—
F-score
2/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total sells 3.20
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 1 — — — — — — — — — — —
Insider Ownership 13.39%

Capital & Financial Ratios $m

Market Cap 389.48
Revenue 122.83
Net Income (304.03)
Free Cash Flow (733.06)
Net Debt 349.61
Current Ratio 1.51
Debt/Equity 0.83
P/E ratio 0.00
Fwd P/E (3.09) (negative: loss-making)
P/S ratio 2.74
P/B ratio 0.64
Past 5Y EPS Growth —
This Y EPS Growth (135.48%) (below 0%: weak)
Next Y EPS Growth 95.34% (at or above 15%: strong)
Next Y revenue growth 31.47% (at or above 10%: strong)
Next 5Y EPS Growth (9.68%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 15.75%
10-year low 10-year high
P/B against its own 10 years 7.62%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
special payouts not included in total or ratios

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%

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.

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.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — 3.35 0.39 0.28 3.97 0.53 0.62 1.76 1.69

Analyst estimates 2026–2028

Powerpack
High — — 9.46 13.56 24.31 33.00 6.37 5.27 5.74 4.55
People
People Employees 106 110 91 63 11 12 18 24 54 104
Revenue/emp, $m 0.03 0.06 0.09 0.07 1.92 8.01 1.79 1.87 2.00 1.09
Income, $m
Income, $m Revenue 4 7 8 5 21 96 32 45 108 114
Gross margin, % 100.00 100.00 100.00 100.00 33.04 68.01 36.91 34.20 42.27 53.87
EBT 0 (1) (4) (2) 2 3 (106) (14) 32 (87)
EBT margin, % 5.93 (18.24) (50.68) (43.60) 9.14 2.96 (327.87) (30.31) 29.88 (76.56)
Net income 0 (1) (4) (2) 2 (1) (105) (14) 28 (85)
Depreciation 0 0 0 0 3 13 28 14 32 37
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
Earnings 6.34 (0.14) (0.24) (0.46) (0.06) (0.02) (1.34) (0.16) 0.20 (0.31)
Cash flow (42.01) (0.28) (0.35) (0.09) (0.11) (0.31) (0.11) 0.01 (0.09) (1.12)
Capex (4.18) (0.01) (0.05) 0.00 (0.15) (0.12) (0.23) (0.76) (0.66) (1.10)
Free cash flow (46.20) (0.29) (0.40) (0.09) (0.26) (0.43) (0.34) (0.75) (0.76) (2.22)
Book value 339.22 1.83 0.84 0.27 1.24 2.98 1.14 1.74 3.30 3.36
Shares, m 0 7 14 15 31 55 79 88 140 258
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 40.53 0.00 0.00 9.77 0.00
P/S 0.00 0.00 0.00 0.84 31.82 3.51 1.58 7.43 3.81 4.29
P/B 0.00 0.00 0.00 1.59 17.64 2.16 0.63 2.32 0.90 0.57
EV/Sales 0.00 0.00 0.00 0.83 31.80 3.08 0.57 6.01 1.38 4.16
EV/FCF 1.10 1.10 0.26 (0.67) (84.53) (12.43) (0.57) (3.66) (1.41) (0.82)
Cash, $m
Cash, $m Operating cash flow (1) (2) (5) (1) (3) (17) (8) 1 (13) (289)
Capex 0 0 (1) 0 (5) (6) (18) (67) (93) (284)
Free cash flow (1) (2) (6) (1) (8) (24) (27) (66) (106) (573)
Balance, $m
Balance, $m Working capital 8 10 5 0 7 85 57 56 242 501
Total debt — — — — — — — — — 110
Net debt (7) (5) (2) 0 0 (42) (34) (65) (263) (432)
Shareholders’ equity 9 12 12 4 38 165 90 153 463 865
Returns, %
Returns, % ROA 1.46 (8.56) (26.98) (113.85) (8.60) (0.95) (76.83) (9.59) 7.78 (9.38)
ROIC 9.41 (12.16) (26.84) (30.60) 1.86 2.99 (119.77) (11.81) 8.59 (13.24)
ROE 1.63 (8.86) (27.94) (119.72) (9.08) (1.04) (88.77) (12.38) 9.47 (12.26)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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
TIGR UP Fintech Holding Limited $747.1M 6.4× 10.7× +31.39% (above 0%: growing) −4.35% (below 0%: shrinking) +74,003.85% (above 0%: growing) 96.29% 42.98% Compare
HIVE HIVE Digital Technologies Ltd. $608.9M — (loss-making) — (loss-making) +73.47% (above 0%: growing) n/m −12.46% (below 0%: shrinking) 31.90% (58.65%) Compare
ABTC American Bitcoin Corp. $592.8M — (loss-making) 59.5× +121.28% (above 0%: growing) n/m −3,990.00% (below 0%: shrinking) 49.25% (110.54%) Compare
CSHR CoinShares PLC $539.1M 5.1× — — +128.25% (above 0%: growing) −51.03% (below 0%: shrinking) — 0.00% Compare
GEMI Gemini Space Station, Inc. $503.1M — (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. $389.5M — (loss-making) — (loss-making) +25.15% (above 0%: growing) n/m −100.81% (below 0%: shrinking) 57.92% (257.26%)
SVIA Silvia, Inc. $343.8M — (loss-making) — — n/m — 100.00% (40,513.51%) Compare
CNCK Coincheck Group N.V. $257.0M — (loss-making) — +24.29% (above 0%: growing) n/m −299.22% (below 0%: shrinking) 2.55% (1.20%) Compare
FUFU BitFuFu Inc. $218.3M — (loss-making) — (loss-making) −62.94% (below 0%: shrinking) n/m +92.59% (above 0%: growing) (2.24%) (51.24%) Compare
Median of peers $521.1M — — +34.00% — −51.03% 49.25% (54.94%)

All 93 Capital Markets stocks →

Bit Digital, Inc. (BTBT) key facts

  • Strength: Bit Digital, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $113.6 million, up 5.10% from fiscal 2024.
  • Bit Digital, Inc. (BTBT) is a Capital Markets company in the Financial sector, listed on Nasdaq.
  • As of October 16, 2026, BTBT traded at $0.96, a market capitalization of $389.5 million.
  • Return on equity was −12.3% and debt-to-equity 0.83.
  • Its Piotroski F-score is 2 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Bit Digital, Inc. (BTBT) Latest News

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stockrow.com/BTBT · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com