Bit Digital, Inc. (BTBT) has a MoatMap StockRank of 7/100 based on Quality (27/100), Value (39/100), and Momentum (21/100) factor scores. The current signal is STRONG SELL. Bit Digital is a bitcoin mining and digital asset technology company. The business model is highly cyclical, capital-intensive, and lacks a durable economic moat or pricing power, failing both the Terry Smith and Warren Buffett quality filters.
Bit Digital, Inc. is a Bitcoin mining company primarily focused on large-scale cryptocurrency mining operations, utilizing clean energy sources to generate Bitcoin. The company aims to differentiate itself in the volatile crypto mining sector through its commitment to sustainable practices and operational efficiency, including a flexible fleet of miners. This strategic focus on green energy and adaptive operations provides a competitive edge among publicly traded Bitcoin miners.
| Price | $1.76 |
| Market Cap | $709M |
| Price/Book | 1.33 |
| Return on Equity | -34.6% |
| Return on Invested Capital | -7.8% |
| Debt/Equity | 59.78 |
| Gross Margin | 55.0% |
| Operating Margin | -520.3% |
| Revenue Growth | 10.9% |
| Free Cash Flow | $-695M |
Bit Digital, Inc. operates in the Capital Markets industry, part of the Financial Services sector (United States).