Bit Digital Inc
NASDAQ:BTBT

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Bit Digital Inc
NASDAQ:BTBT
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Price: 2.38 USD -2.46% Market Closed
Market Cap: 494.5m USD

Net Margin
Bit Digital Inc

-77.3%
Current
-109%
Average
1.9%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-77.3%
=
Net Income
-79.5m
/
Revenue
102.9m

Net Margin Across Competitors

Country Company Market Cap Net
Margin
US
Bit Digital Inc
NASDAQ:BTBT
494.5m USD
-77%
US
Ezenia! Inc
OTC:EZEN
567B USD
-130%
DE
SAP SE
XETRA:SAP
294.6B EUR
16%
US
Palantir Technologies Inc
NYSE:PLTR
335.2B USD
18%
US
Salesforce Inc
NYSE:CRM
257B USD
16%
US
Intuit Inc
NASDAQ:INTU
211.3B USD
19%
US
Adobe Inc
NASDAQ:ADBE
165.1B USD
30%
US
NCR Corp
LSE:0K45
150.3B USD
27%
US
Applovin Corp
NASDAQ:APP
114.5B USD
37%
US
Microstrategy Inc
NASDAQ:MSTR
103.4B USD
-1 163%
US
Cadence Design Systems Inc
NASDAQ:CDNS
81.4B USD
22%

Bit Digital Inc
Glance View

Economic Moat
Wide
Market Cap
494.5m USD
Industry
Technology

Bit Digital, Inc. operates as a bitcoin mining company. The company is headquartered in New York City, New York and currently employs 12 full-time employees. The company went IPO on 2018-03-20. The firm is engaged in the bitcoin mining business through its wholly owned subsidiaries in the United States, Hong Kong and Canada. The firm's bitcoin mining operations hosted by third party suppliers uses specialized computers known as miners, to generate bitcoins a cryptocurrency. The firm's mining facilities and mining platform operate with an intent of accumulating bitcoin, which seeks to sell for fiat currency from time to time depending on market conditions. The firm has approximately 32,500 miners in United States, Canada and China. The firm conduct its business through Bit Digital Hong Kong Limited, a Hong Kong company and operating entity in China, Bit Digital U.S.A. Inc., operating entity in the United States, and Bit Digital Canada, Inc., a Government of Alberta, Canada corporation and operating entity in Canada.

BTBT Intrinsic Value
4.58 USD
Undervaluation 48%
Intrinsic Value
Price
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-77.3%
=
Net Income
-79.5m
/
Revenue
102.9m
What is the Net Margin of Bit Digital Inc?

Based on Bit Digital Inc's most recent financial statements, the company has Net Margin of -77.3%.

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