Bit Digital Inc
NASDAQ:BTBT

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Bit Digital Inc
NASDAQ:BTBT
Watchlist
Price: 3.33 USD -4.03% Market Closed
Market Cap: 691.9m 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
691.9m USD
-77%
DE
SAP SE
XETRA:SAP
301.9B EUR
16%
US
Palantir Technologies Inc
NYSE:PLTR
333.3B USD
18%
US
Salesforce Inc
NYSE:CRM
247.6B USD
16%
US
Intuit Inc
NASDAQ:INTU
208.7B USD
19%
US
NCR Corp
LSE:0K45
179B USD
27%
US
Adobe Inc
NASDAQ:ADBE
154.8B USD
30%
US
Microstrategy Inc
NASDAQ:MSTR
115.7B USD
-1 163%
US
Applovin Corp
NASDAQ:APP
113.4B USD
37%
US
Cadence Design Systems Inc
NASDAQ:CDNS
87.5B USD
22%
US
Synopsys Inc
NASDAQ:SNPS
86.8B USD
35%

Bit Digital Inc
Glance View

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
4.61 USD
Undervaluation 28%
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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