Friday 6 November 2026
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BTC Digital Ltd.
BTCT Technology Computer Hardware
BTC Digital Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $14.0 million, up 20.3% from fiscal 2024.
- Revenue
- +338.2%
- EPS
- +133.7%
- Free cash flow
- −1,281.5%
Quarter to June 2025, against a year earlier
0.64
0.02
−3.03%
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Target Price Range
Analyst price targets
Free accountTen 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 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | |||||||||||||||||
| Income, $m | Revenue | — | — | — | — | 137 | 114 | 12 | 9 | 12 | 14 | (36.6%) | 103 | — | — | +635.0% | |
| Gross margin, % | — | — | — | — | 32.32 | 33.65 | 14.94 | (12.51) | 0.99 | (22.50) | (54.8) pt | ||||||
| EBT | — | — | — | 1 | (62) | (64) | 1 | (3) | (2) | (9) | n/m | ||||||
| EBT margin, % | — | — | — | 0.00 | (45.37) | (55.77) | 8.17 | (31.13) | (17.04) | (64.53) | (64.5) pt | ||||||
| Net income | — | 0 | 0 | 0 | (63) | (61) | 6 | (3) | (2) | (9) | n/m | ||||||
| Per share, $ | |||||||||||||||||
| Per share, $ | Revenue | — | — | — | 0.00 | 1,483.03 | 167.78 | 17.33 | 6.07 | 3.86 | 1.71 | n/m | |||||
| Earnings | — | — | — | (390.39) | (678.68) | (88.40) | 11.26 | (1.89) | (0.66) | (1.10) | (62.4%) | ||||||
| Cash flow | — | — | — | (235.78) | (567.43) | (105.71) | (45.47) | 2.55 | 0.52 | (0.64) | (62.7%) | ||||||
| Capex | — | — | — | 0.00 | (4.80) | (16.71) | 2.53 | (1.30) | (0.91) | (1.77) | n/m | ||||||
| Free cash flow | — | — | — | (235.78) | (572.23) | (122.42) | (42.93) | 1.25 | (0.39) | (2.40) | (53.4%) | ||||||
| Book value | — | — | 0.00 | 1,388.89 | (599.37) | 8.42 | 28.24 | 13.01 | 13.20 | 4.52 | n/m | ||||||
| Shares, m | — | — | — | 0 | 0 | 1 | 1 | 1 | 3 | 8 | +262.9% | ||||||
| Valuation, × | |||||||||||||||||
| Valuation, × | P/E | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | — | — | 0.00 | 15.01 | 0.42 | 0.68 | 1.24 | 0.34 | 2.9 | ||||||
| P/B | — | — | — | — | 0.00 | 485.14 | 16.22 | 0.32 | 0.36 | 0.11 | 83.7 | ||||||
| EV/Sales | — | — | — | — | 0.00 | 14.92 | 0.46 | 1.19 | 0.03 | (0.15) | 2.7 | ||||||
| EV/FCF | — | — | — | — | (2,748.25) | (69.51) | (1.30) | 5.75 | (0.30) | 0.25 | (468.9) | ||||||
| Cash, $m | |||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | (1) | (53) | (72) | (31) | 4 | 2 | (5) | +35.5% | |||||
| Capex | — | — | — | — | 0 | (11) | 2 | (2) | (3) | (15) | +100.8% | ||||||
| Free cash flow | — | — | — | (1) | (53) | (83) | (29) | 2 | (1) | (20) | +69.0% | ||||||
| Balance, $m | |||||||||||||||||
| Balance, $m | Working capital | — | — | 0 | 0 | (142) | (51) | 3 | 4 | 24 | 17 | +65.3% | |||||
| Net debt | — | — | (1) | 0 | 58 | (16) | 1 | 0 | (14) | 2 | n/m | ||||||
| Shareholders’ equity | — | — | 5 | 5 | (56) | 6 | 19 | 19 | 40 | 37 | +33.2% | ||||||
| Returns, % | |||||||||||||||||
| Returns, % | ROA | — | 0.00 | 0.00 | (0.89) | (53.72) | (39.24) | 9.08 | (10.29) | (6.06) | (22.36) | (22.4) pt | |||||
| ROIC | — | — | 0.00 | (10.58) | (1,956.68) | 0.00 | 3.26 | (7.94) | (6.48) | (14.02) | (14.0) pt | ||||||
| ROE | — | — | 0.00 | (11.73) | 249.14 | 242.08 | 61.44 | (14.59) | (6.70) | (23.51) | (23.5) pt | ||||||
| People | |||||||||||||||||
| People | Employees | — | — | — | 2 | 3,721 | 1,229 | 16 | 20 | 21 | 26 | +53.3% | |||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.04 | 0.09 | 0.74 | 0.45 | 0.56 | 0.54 | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Dec 2024 · fundamentals updated 26 Oct 2026
BTC Digital Ltd. vs peers in Computer Hardware (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 |
|---|---|---|---|---|---|---|---|---|---|
| UAVS AGEAGLE AERIAL SYSTEMS, INC. | $19.5M | — (loss-making) | — (loss-making) | −36.01% (below 0%: shrinking) | n/m | −127.23% (below 0%: shrinking) | 50.63% | (208.70%) | Compare |
| VTIX Virtuix Holdings Inc. | $17.7M | — (loss-making) | — (loss-making) | — | n/m | +51.43% (above 0%: growing) | 29.61% | (508.54%) | Compare |
| FFR FF EAI Robotics Ecosystem Inc. | $17.5M | — (loss-making) | — (loss-making) | +13.74% (above 0%: growing) | n/m | −239.11% (below 0%: shrinking) | 37.52% | 0.00% | Compare |
| KTCC Key Tronic Corporation | $14.4M | — (loss-making) | — | −7.66% (below 0%: shrinking) | n/m | −205.63% (below 0%: shrinking) | 7.78% | (3.56%) | Compare |
| MCRP Micropolis AI Robotics | $12.0M | — | — | — | — | — | — | — | Compare |
| BTCT BTC Digital Ltd. | $11.3M | — (loss-making) | — (loss-making) | +338.24% (above 0%: growing) | n/m | −1,281.52% (below 0%: shrinking) | 17.36% | (10.61%) | |
| RNTZ Rantizo | $10.9M | — | — | — | — | −657.75% (below 0%: shrinking) | — | — | Compare |
| EBON Ebang International Holdings Inc. | $10.2M | — (loss-making) | — (loss-making) | −77.67% (below 0%: shrinking) | −98.41% (below 0%: shrinking) | +33.95% (above 0%: growing) | 24.29% | 0.00% | Compare |
| AGMH AGM Group Holdings Inc. | $10.0M | 0.3× | — | +585.69% (above 0%: growing) | n/m | −1,061.07% (below 0%: shrinking) | 3.52% | 0.00% | Compare |
| Median of peers | $13.2M | — | — | −7.66% | — | −205.63% | 26.95% | (1.78%) |