BTBT Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $1.63
Market Cap (MRQ) $578M
P/E (TTM) -2.0
EPS (TTM) $-0.82
Revenue (TTM) $123M
Div Yield 0.15%
ROE (TTM) -56.7%
Debt/Equity (MRQ) 0.2
52W Range $1–$5

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10-Year Performance Revenue, net income, margins and EPS trends

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Revenue$114M
2022-12-31 → 2025-12-31
EPS$-0.31
2022-12-31 → 2025-12-31
Free Cash Flow$-575M
2024-12-31 → 2025-12-31
Net margin-237.2%
2024-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend BTBT 5Y avg Peer Median Verdict
P/E (TTM) -2.0 · · ·
P/S (TTM) 4.7 · 4.6 Overvalued
P/B (MRQ) 1.5 · 4.4 Undervalued
Price / FCF (TTM) -0.8 · · ·
Price / Cash Flow (TTM) -2.1 · · ·
Price / Tangible Book (MRQ) 1.5 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

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Dividend Yield0.15%
Payout Ratio-1.0%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

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Avg Surprise -755.7%
Next Report Nov 12, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 13, 2026 $-0.31 $-0.05 -575.4%
March 31, 2026 May 15, 2026 $-0.44 $-0.04 -978.4%
Dec. 31, 2025 $-0.61 $-0.02 -3488.2%
Sept. 30, 2025 $0.47 $-0.01 —
June 30, 2025 $0.07 $-0.02 443.1%
March 31, 2025 $-0.32 $-0.06 -480.8%
Dec. 31, 2024 $0.20 $-0.04 545.4%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

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Income Statement 13
Metric Trend 202520242023
Revenue $114M$108M$45M
SG&A Expense $81M$42M$28M
Operating Expenses $205M$80M$62M
Operating Income $-92M$28M$-17M
Other Non-op $-7M$6M$3M
Pretax Income $-87M$32M$-14M
Income Tax $-2M$4M$279.0K
Net Income $-80M$28M$-14M
EPS (Basic) $-0.31$0.20$-0.16
EPS (Diluted) $-0.31$0.19$-0.16
Shares (Basic) 257,881,684140,346,32287,534,052
Shares (Diluted) 257,881,684141,507,49787,534,052
EBITDA $-55M$28M·
Balance Sheet 24
Metric Trend 202520242023
Cash & Equivalents $118M$95M$17M
Receivables $24M$5M·
Prepaid Expense ·$290.5K$382.2K
Other Current Assets $27M$28M$18M
Current Assets $178M$297M$83M
PP&E (Net) $360M$107M$81M
Accum. Depreciation $66M$37M$21M
Goodwill $20M$19M·
Intangibles $13M$13M·
Other Non-current Assets $29M$10M$9M
Total Assets $1.17B$538M$189M
Accounts Payable $9M$3M$2M
Current Liabilities $93M$55M$27M
Capital Leases $5M$9M$4M
Deferred Tax $10M$6M$112.3K
Total Liabilities $309M$75M$37M
Common Stock $3M$2M$1M
Paid-in Capital $890M$554M$291M
Retained Earnings $-179M$-98M$-147M
Treasury Stock $1M$1M$1M
AOCI $1M$-2M·
Stockholders' Equity $724M$463M$153M
Liabilities + Equity $1.17B$538M$189M
Shares Outstanding 324,192,228179,125,205107,291,827
Cash Flow 12
Metric Trend 202520242023
D&A $37M$32M$14M
Stock-based Comp $25M$10M$9M
Deferred Tax $-3M$2M·
Other Non-cash $-267M··
Operating Cash Flow $-289M$-13M$1M
CapEx $286M$94M$67M
Investing Cash Flow $-287M$-149M$-69M
Stock Issued ··$45M
Dividends Paid $800.0K·$2M
Financing Cash Flow $599M$243M$52M
Taxes Paid $665.5K$131.9K$-632.8K
Free Cash Flow $-575M$-107M·
Profitability 7
Metric Trend 202520242023
Operating Margin -80.9%25.5%·
Net Margin -70.7%26.2%·
Pretax Margin -76.6%29.9%·
EBITDA Margin -48.4%25.5%·
ROA -9.4%7.8%·
ROE -14.1%7.5%·
ROIC -12.4%5.2%·
Liquidity & Solvency 2
Metric Trend 202520242023
Current Ratio 6.45.4·
Quick Ratio 1.51.8·
Efficiency 2
Metric Trend 202520242023
Asset Turnover 0.10.3·
Receivables Turnover 7.841.0·
Per Share 5
Metric Trend 202520242023
Book Value / Share $2.23$2.59·
Revenue / Share $0.44$0.76·
Cash Flow / Share $-1.12$-0.09·
Cash / Share $0.37$0.53·
EPS (TTM) $-0.31$0.19·
Growth Rates 2
Metric Trend 202520242023
Revenue YoY 5.1%140.6%39.1%
Revenue CAGR 3Y 52.1%··
Valuation (TTM) 13
Metric Trend 202520242023
Revenue TTM $114M$108M·
Net Income TTM $-80M$28M·
Market Cap $613M$525M·
P/E -6.115.4·
P/S 5.44.9·
P/B 0.81.1·
P / Tangible Book 0.91.2·
P / Cash Flow -2.1-40.4·
P / FCF -1.1-4.9·
Dividend Yield 0.13%··
Earnings Yield -16.4%6.5%·
Payout Ratio -1.0%··
Annual Payout $800.0K··

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

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Metric 2025-12-312024-12-312023-12-312022-12-31
Revenue $114M $108M $45M $32M
Operating Margin % -80.9% 25.5% · ·
Net Income $-80M $28M $-14M $-105M
Diluted EPS $-0.31 $0.19 $-0.16 $-1.34

Institutional owners (13F) 247 filers · $369.1M total · As of June 30, 2026

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Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 247
Value held $369.1M
New positions 48
Exited positions 30
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
48 (-3 vs prior Q) 30 (-5 vs prior Q) 94 (+43 vs prior Q) 49 (-32 vs prior Q) +40.9M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
BlackRock, Inc. $56,235,529 31,241,960 15.24% Shares
GEODE CAPITAL MANAGEMENT, LLC $32,547,272 10,508,743 8.82% Shares
STATE STREET CORP $24,216,790 13,453,772 6.56% Shares
MILLENNIUM MANAGEMENT LLC $16,489,568 9,160,871 4.47% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $14,966,384 8,314,658 4.05% Shares
VANGUARD GROUP INC $14,464,104 7,652,965 3.92% Shares
CITADEL ADVISORS LLC $14,195,220 7,886,233 3.85% Shares
Allspring Global Investments Holdings, LLC $14,137,955 7,987,545 3.83% Shares
Invesco Ltd. $12,635,322 7,019,624 3.42% Shares
GOLDMAN SACHS GROUP INC $9,038,439 5,021,355 2.45% Shares
JANE STREET GROUP, LLC $8,557,040 4,753,911 2.32% Shares
CITADEL ADVISORS LLC $7,195,320 3,997,400 1.95% Call option
RENAISSANCE TECHNOLOGIES LLC $7,041,773 3,912,096 1.91% Shares
Weiss Asset Management LP $6,910,301 3,839,056 1.87% Shares
VANGUARD CAPITAL MANAGEMENT LLC $6,850,780 3,805,989 1.86% Shares
MORGAN STANLEY $6,786,457 3,770,253 1.84% Shares
CITADEL ADVISORS LLC $6,385,320 3,547,400 1.73% Put option
UBS Group AG $5,714,075 3,174,486 1.55% Shares
NORTHERN TRUST CORP $5,559,582 3,088,656 1.51% Shares
JPMORGAN CHASE & CO $4,789,202 2,617,050 1.30% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $4,404,995 2,447,219 1.19% Shares
Vennlight Capital Management, LP $4,279,052 2,377,251 1.16% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $3,965,720 2,203,178 1.07% Shares
AQR CAPITAL MANAGEMENT LLC $3,848,868 2,138,260 1.04% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $3,763,498 2,090,832 1.02% Shares
WOLVERINE ASSET MANAGEMENT LLC $3,731,400 2,073,000 1.01% Put option
VANGUARD FIDUCIARY TRUST CO $3,434,976 1,908,320 0.93% Shares
BANK OF AMERICA CORP /DE/ $3,329,129 1,849,516 0.90% Shares
XTX Topco Ltd $3,230,885 1,794,936 0.88% Shares
Quadrature Capital Ltd $3,019,507 1,677,504 0.82% Shares
Defiance ETFs, LLC $3,009,218 1,700,123 0.82% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $2,710,800 1,506,000 0.73% Call option
Bank of New York Mellon Corp $2,521,995 1,401,109 0.68% Shares
Mitsubishi UFJ Asset Management Co., Ltd. $2,382,631 1,323,684 0.65% Shares
Cubist Systematic Strategies, LLC $2,355,740 785,247 0.64% Shares
Aristides Capital LLC $2,250,000 1,250,000 0.61% Shares
Qube Research & Technologies Ltd $2,159,993 1,199,996 0.59% Shares
WOLVERINE TRADING, LLC $2,059,200 643,500 0.56% Call option
LAZARD ASSET MANAGEMENT LLC $2,030,902 1,128,279 0.55% Shares
TWO SIGMA INVESTMENTS, LP $1,934,080 1,074,489 0.52% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $1,586,340 881,300 0.43% Put option
VOYA INVESTMENT MANAGEMENT LLC $1,382,119 767,844 0.37% Shares
Nuveen, LLC $1,359,594 755,330 0.37% Shares
Swiss National Bank $1,150,200 639,000 0.31% Shares
JANE STREET GROUP, LLC $1,112,760 618,200 0.30% Call option
Centiva Capital, LP $1,073,320 596,289 0.29% Shares
DEUTSCHE BANK AG\ $987,668 548,705 0.27% Shares
SEI INVESTMENTS CO $899,013 499,453 0.24% Shares
RHUMBLINE ADVISERS $893,234 496,245 0.24% Shares
ALGERT GLOBAL LLC $876,814 487,119 0.24% Shares

Show all 247 institutional owners →

Activists & 5%+ owners 3 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Bit Digital, Inc. ×2 filings Aug. 25, 2026 59.90% Amendment · SEC
Erke Huang, Geney Development Limited Aug. 24, 2026 15.20% Amendment · SEC
Geney Development Limited ×3 filings Feb. 3, 2023 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 4 insiders · 3 officers · 2 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Samir Tabar Chief Executive Officer Aug. 31, 2026 M 3,678,089 0 0 $0
Erke Huang Chief Financial Officer Aug. 31, 2026 M 2,465,000 0 2 $-3,200,192
Justin Zhu VP of Finance & CAO April 2, 2026 F 102,375 0 0 $0
Brock Jeffrey Pierce Director Dec. 12, 2025 A 600,000 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 13 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
SATO · Invesco Exchange-Traded Fund Trust … 0.81% 42,070 SH Oct. 1, 2026 Daily
IBLC · iShares Trust 0.29% 159,453 SH Sept. 11, 2026 Daily
IWC · iShares Trust 0.12% 1,121,778 SH Sept. 11, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS 0.04% 286,650 SH Aug. 19, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.02% 1,892,375 SH Aug. 19, 2026 Daily
IWM · iShares Trust 0.02% 8,528,542 SH Sept. 11, 2026 Daily
RSSL · Global X Funds 0.01% 157,177 NS July 31, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.01% 3,805,989 SH Aug. 19, 2026 Daily
WSML · iShares Trust 0.00% 19,438 SH Sept. 11, 2026 Daily
ITOT · iShares Trust 0.00% 458,143 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.00% 86,523 SH Sept. 4, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 24,153 SH Aug. 19, 2026 Daily
IWN · iShares Trust · 3,053,657 SH Sept. 11, 2026 Daily

BTBT Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

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rating · 12 analysts BUY
Median target $3.50 +114.7%
2 16.7% Strong Buy
9 75.0% Buy
1 8.3% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

5 analysts · 2026-10-03

Mean target $3.63 +122.9%

← Below all targets Current price $1.63
Low$3.50 Mean$3.63 High$4.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

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FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
BTBT $613M -6.1 5.1% -70.7% -14.1% ·
MITK $446M 51.4 4.4% 4.9% 3.8% ·
CD · · · · · ·
CCSI $414M 5.0 -0.20% 24.2% -1330.5% 79.8%
ABTC · -10.0 158.8% -82.7% -30.5% ·
SPT · -15.2 12.7% -9.5% -22.3% 77.6%
PAR $1.47B -17.4 30.2% -18.5% -10.0% 43.5%
OOMA $322M 51.1 6.5% 2.4% 7.1% 61.1%
ALOY · · -5.3% -182.1% -95.8% 48.0%
YEXT $880M 102.3 6.1% 8.5% 24.3% 74.5%
WEAV $595M -20.5 17.0% -11.7% -34.8% 72.1%

Latest News Recent headlines mentioning this company

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Source: SEC 10-Q filed Aug 13, 2026