Bit Digital Inc
NASDAQ:BTBT

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Bit Digital Inc
NASDAQ:BTBT
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Price: 3.74 USD 7.47% Market Closed
Market Cap: 777.1m USD

Operating Margin
Bit Digital Inc

-31.7%
Current
-64%
Average
3.3%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
-31.7%
=
Operating Profit
-32.6m
/
Revenue
102.9m

Operating Margin Across Competitors

Country Company Market Cap Operating
Margin
US
Bit Digital Inc
NASDAQ:BTBT
777.1m USD
-32%
DE
SAP SE
XETRA:SAP
308.2B EUR
26%
US
Palantir Technologies Inc
NYSE:PLTR
326B USD
13%
US
Salesforce Inc
NYSE:CRM
262.9B USD
21%
US
Intuit Inc
NASDAQ:INTU
218B USD
26%
US
NCR Corp
LSE:0K45
176.2B USD
1%
US
Adobe Inc
NASDAQ:ADBE
162.9B USD
36%
US
Applovin Corp
NASDAQ:APP
117.3B USD
46%
US
Microstrategy Inc
NASDAQ:MSTR
106.2B USD
-14%
US
Cadence Design Systems Inc
NASDAQ:CDNS
88.4B USD
31%
US
Synopsys Inc
NASDAQ:SNPS
84.8B USD
21%

Bit Digital Inc
Glance View

Economic Moat
Wide
Market Cap
777.1m 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
4.61 USD
Undervaluation 19%
Intrinsic Value
Price
What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
-31.7%
=
Operating Profit
-32.6m
/
Revenue
102.9m
What is the Operating Margin of Bit Digital Inc?

Based on Bit Digital Inc's most recent financial statements, the company has Operating Margin of -31.7%.

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