Bit Digital Inc
NASDAQ:BTBT
Intrinsic Value
Bit Digital, Inc. operates as a bitcoin mining company. [ Read More ]
The intrinsic value of one BTBT stock under the Base Case scenario is 1.87 USD. Compared to the current market price of 2.21 USD, Bit Digital Inc is Overvalued by 16%.
Valuation Backtest
Bit Digital Inc
Run backtest to discover the historical profit from buying and selling BTBT stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Balance Sheet Decomposition
Bit Digital Inc
Current Assets | 83.3m |
Cash & Short-Term Investments | 64.6m |
Receivables | 13.9m |
Other Current Assets | 4.9m |
Non-Current Assets | 106m |
Long-Term Investments | 4.4m |
PP&E | 87.7m |
Other Non-Current Assets | 13.9m |
Current Liabilities | 27.1m |
Accounts Payable | 2.3m |
Accrued Liabilities | 1.9m |
Other Current Liabilities | 22.9m |
Non-Current Liabilities | 9.5m |
Other Non-Current Liabilities | 9.5m |
Earnings Waterfall
Bit Digital Inc
Revenue
|
44.9m
USD
|
Cost of Revenue
|
-29.6m
USD
|
Gross Profit
|
15.4m
USD
|
Operating Expenses
|
-42.1m
USD
|
Operating Income
|
-26.7m
USD
|
Other Expenses
|
12.8m
USD
|
Net Income
|
-13.9m
USD
|
Free Cash Flow Analysis
Bit Digital Inc
What is Free Cash Flow?
BTBT Profitability Score
Profitability Due Diligence
Bit Digital Inc's profitability score is 26/100. The higher the profitability score, the more profitable the company is.
Score
Bit Digital Inc's profitability score is 26/100. The higher the profitability score, the more profitable the company is.
BTBT Solvency Score
Solvency Due Diligence
Bit Digital Inc's solvency score is 78/100. The higher the solvency score, the more solvent the company is.
Score
Bit Digital Inc's solvency score is 78/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
BTBT Price Targets Summary
Bit Digital Inc
According to Wall Street analysts, the average 1-year price target for BTBT is 5.18 USD with a low forecast of 4.55 USD and a high forecast of 6.3 USD.
Shareholder Return
BTBT Price
Bit Digital Inc
Average Annual Return | 1 738.46% |
Standard Deviation of Annual Returns | 3 652.7% |
Max Drawdown | -98% |
Market Capitalization | 237.1m USD |
Shares Outstanding | 118 123 000 |
Percentage of Shares Shorted | 15.52% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
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.
Contact
IPO
Employees
Officers
The intrinsic value of one BTBT stock under the Base Case scenario is 1.87 USD.
Compared to the current market price of 2.21 USD, Bit Digital Inc is Overvalued by 16%.