Wall Street analyst estimates for Bit Digital, Inc. (BTBT): consensus price target, buy/hold/sell recommendations and forecasts for revenue, EPS and EBITDA for the upcoming fiscal years.
Bit Digital, Inc., along with its subsidiary entities, primarily focuses on the business of mining bitcoin. Additionally, the firm undertakes treasury management operations. The company was established in 2017 and was previously known as Golden Bull Limited before rebranding to Bit Digital, Inc. in September 2020. Its corporate headquarters are situated in New York, New York.
Valuation Ratios
| Price / Book | 1.55 |
| EV / EBITDA | -4.15 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.7M | $7.0M | $7.9M | 0 | $21.1M | $96.1M | $32.3M | $44.9M | $163.8M | $113.6M |
| Cost of Revenue | 0 | $391927 | 0 | 0 | $14.1M | $30.7M | $20.4M | $29.6M | $62.4M | $89.2M |
| Gross Profit | $3.7M | $6.6M | 0 | 0 | $7.0M | $65.3M | $11.9M | $15.4M | $101.4M | $24.4M |
| Research & Development | $417901 | $485852 | $447884 | $137423 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $3.1M | $7.8M | $1.9M | $2.0M | $2.5M | $39.2M | $23.0M | $27.7M | $41.5M | $81.0M |
| Operating Expenses | $3.5M | $8.3M | $1.9M | $2.0M | $5.4M | $59.4M | $119.1M | $32.0M | $73.8M | $81.0M |
| Operating Income | $216854 | -$1.4M | -$1.9M | -$2.0M | $1.6M | $5.9M | -$107.2M | -$16.6M | $27.6M | -$56.6M |
| EBITDA | $255827 | -$1.2M | -$1.8M | -$2.0M | $4.4M | $26.2M | -$11.1M | -$12.3M | $59.9M | -$14.9M |
| Interest Expense | 0 | $1703 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $3.1M |
| Pre-tax Income | $219749 | -$1.3M | -$1.9M | -$2.0M | $1.6M | $2.8M | -$105.9M | -$13.6M | $32.3M | -$86.9M |
| Income Tax | $54938 | -$272000 | -$461171 | 0 | 0 | $3.9M | -$592850 | $279044 | $4.0M | -$2.0M |
| Net Income | $160905 | -$942000 | -$3.5M | -$9.7M | -$2.3M | -$1.0M | -$105.3M | -$13.9M | $28.3M | -$80.3M |
| EPS | $0.01 | $-0.07 | $-0.24 | $-0.62 | $-0.06 | $-0.02 | $-1.34 | $-0.16 | $0.20 | $-0.31 |
| EPS (Diluted) | $0.01 | $-0.07 | $-0.24 | $-0.62 | $-0.06 | $-0.02 | $-1.34 | $-0.16 | $0.20 | $-0.31 |
| Shares Outstanding (Diluted) | $14.6M | $14.6M | $14.4M | $15.2M | $30.6M | $55.4M | $78.6M | $87.5M | $141.5M | $2.58B |
Price
| Price | $1.43 |
| Market Cap | $499M |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Financial Services · Financial - Capital Markets
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