Bit Digital, Inc. (BTBT)Financial Services | Capital Markets | New York, United States | NasdaqCM
1.64 USD
-0.05
(-2.959%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 1.64 |
Hot Take ↕ | July 11, 2026, 2:49 a.m. EDT
Bit Digital presents a classic value trap with deteriorating fundamentals and a broken price trend. The company is bleeding cash, reporting negative free cash flow and negative operating margins, while its return on equity has collapsed to roughly -35%. Although revenue grew slightly by 11%, this is insufficient to offset the massive debt load and the fact that the stock is trading at a premium to book value despite generating no real earnings. The multi-year price trajectory confirms the market's rejection of the business model, with the stock down over 50% since 2018 and failing to recover from previous highs. The recent price action shows a steady grind lower, testing the 200-day moving average, which aligns with the heavy bearish positioning seen in the options chain. With no dividend to provide income and a balance sheet that requires constant capital infusion, there is no margin of safety here. The low statistical forecast confidence further suggests that short-term price noise is the only driver left, offering no reliable edge for a trader or investor. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.174229 |
| AutoARIMA | 0.179567 |
| AutoETS | 0.179722 |
| MSTL_74 | 0.180307 |
| AutoTheta | 0.185656 |
| MSTL_74_115 | 0.295184 |
| MSTL_115 | 0.309497 |
Forecast horizon: 60 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 2.57 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.316 |
| Excess Kurtosis | -0.96 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Debt to Equity Ratio | 59.78 |
| Revenue per Share | 0.39 |
| Market Cap | 579,576,000 |
| Beta | 4.03 |
| Profit Margins | -147.48% |
| Previous Name | Golden Bull Limited |
| Website | https://www.bit-digital.com |
As of July 11, 2026, 2:49 a.m. EDT: Speculators are heavily positioning for downside protection, evidenced by massive open interest in out-of-the-money puts relative to calls across nearly all expirations. The put/call ratio is skewed significantly toward bearish bets, with notable 'new flow' volume appearing in deep out-of-the-money strikes (e.g., $1.00 calls vs $0.50 puts), suggesting a fear of a sharp drop below current levels rather than a rally. Implied volatility remains compressed, indicating a lack of pricing in for a major move, while the concentration of open interest at lower strikes ($1.50-$2.00) acts as a heavy barrier for upside momentum.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.48632216 |
| Address1 | 31 Hudson Yards |
| Address2 | Floor 11 |
| All Time High | 33.0 |
| All Time Low | 0.28 |
| Ask | 2.0 |
| Ask Size | 2 |
| Audit Risk | 9 |
| Average Daily Volume10 Day | 23,850,990 |
| Average Daily Volume3 Month | 25,848,254 |
| Average Volume | 25,848,254 |
| Average Volume10Days | 23,850,990 |
| Beta | 4.026 |
| Bid | 1.22 |
| Bid Size | 2 |
| Board Risk | 9 |
| Book Value | 1.388 |
| City | New York |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 10 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 1.64 |
| Current Ratio | 6.362 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 1.71 |
| Day Low | 1.56 |
| Debt To Equity | 59.78 |
| Display Name | Bit Digital |
| Earnings Call Timestamp End | 1,778,853,600 |
| Earnings Call Timestamp Start | 1,778,853,600 |
| Earnings Timestamp | 1,778,788,800 |
| Earnings Timestamp End | 1,786,651,200 |
| Earnings Timestamp Start | 1,786,651,200 |
| Ebitda | -144,366,112 |
| Ebitda Margins | -1.25776 |
| Enterprise To Ebitda | -6.965 |
| Enterprise To Revenue | 8.761 |
| Enterprise Value | 1,005,543,552 |
| Eps Current Year | 0.0 |
| Eps Forward | 0.0 |
| Eps Trailing Twelve Months | -0.44 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.8567 |
| Fifty Day Average Change | -0.21669996 |
| Fifty Day Average Change Percent | -0.11671243 |
| Fifty Two Week Change Percent | -48.632217 |
| Fifty Two Week High | 4.55 |
| Fifty Two Week High Change | -2.9100003 |
| Fifty Two Week High Change Percent | -0.63956046 |
| Fifty Two Week Low | 1.25 |
| Fifty Two Week Low Change | 0.39 |
| Fifty Two Week Low Change Percent | 0.31199998 |
| Fifty Two Week Range | 1.25 - 4.55 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,521,552,600,000 |
| Float Shares | 341,399,982 |
| Forward Eps | 0.0 |
| Free Cashflow | -695,386,304 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 104 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.54955 |
| Gross Profits | 63,077,400 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01748 |
| Held Percent Institutions | 0.46965 |
| Implied Shares Outstanding | 353,400,000 |
| Industry | Capital Markets |
| Industry Disp | Capital Markets |
| Industry Key | capital-markets |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Bit Digital, Inc., together with its subsidiaries, engages in the institutional grade ethereum treasury and staking business. The company designs and operates data centers that provides hosting and colocation services; and cloud solutions for AI training and inference workloads. It is also involved in digital asset mining business. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was founded in 2015 and is headquartered in New York, New York. |
| Long Name | Bit Digital, Inc. |
| Market | us_market |
| Market Cap | 579,576,000 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_541246039 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-13 |
| Net Income To Common | -169,273,968 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 599,013,000 |
| Number Of Analyst Opinions | 5 |
| Open | 1.66 |
| Operating Cashflow | -307,421,184 |
| Operating Margins | -5.20295 |
| Overall Risk | 10 |
| Payout Ratio | 0.0 |
| Phone | 212 463 5121 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 1.64 |
| Post Market Time | 1,783,987,141 |
| Prev Name | Golden Bull Limited |
| Previous Close | 1.69 |
| Price Hint | 4 |
| Price To Book | 1.1815562 |
| Price To Sales Trailing12 Months | 5.0494366 |
| Profit Margins | -1.4747599 |
| Quick Ratio | 2.286 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.0500001 |
| Regular Market Change Percent | -2.95858 |
| Regular Market Day High | 1.71 |
| Regular Market Day Low | 1.56 |
| Regular Market Day Range | 1.56 - 1.71 |
| Regular Market Open | 1.66 |
| Regular Market Previous Close | 1.69 |
| Regular Market Price | 1.64 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 31,122,162 |
| Return On Assets | -0.13804 |
| Return On Equity | -0.34596002 |
| Revenue Growth | 0.109 |
| Revenue Per Share | 0.39 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Share Holder Rights Risk | 9 |
| Shares Outstanding | 353,400,000 |
| Shares Percent Shares Out | 0.14930001 |
| Shares Short | 52,765,992 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 53,274,833 |
| Short Name | Bit Digital, Inc. |
| Short Percent Of Float | 0.1522 |
| Short Ratio | 1.88 |
| Source Interval | 15 |
| State | NY |
| Symbol | BTBT |
| Target High Price | 7.0 |
| Target Low Price | 3.0 |
| Target Mean Price | 4.6 |
| Target Median Price | 4.0 |
| Total Cash | 79,529,568 |
| Total Cash Per Share | 0.228 |
| Total Debt | 363,872,736 |
| Total Revenue | 114,780,336 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.44 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 2.1816 |
| Two Hundred Day Average Change | -0.5416001 |
| Two Hundred Day Average Change Percent | -0.2482582 |
| Type Disp | Equity |
| Volume | 31,122,162 |
| Website | https://www.bit-digital.com |
| Zip | 10,001 |