Stocks · Financial Services · Financial - Capital Markets
Bit Digital, Inc. BTBT
$1.54 -5.52% Close, Oct 5, 2026 · NASDAQ · Market cap $569.2M
Weak trendExpensive vs sectorHigh risk
Next earnings report: Nov 12, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin narrowed to -60.9% from -17.1% a year earlier.
- The diluted share count rose 67.6% in a year.
- Over the past year the stock returned -55.9%, behind the S&P 500 by 71.6 percentage points.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 5%
- Revenue growth, 3-year CAGRTop 5%
- Revenue growth accelerationTop 16%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 7%
- Gross marginBottom 11%
- Operating marginBottom 4%
- Accruals (lower is better)Top 32%
- Interest coverBottom 11%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 3%
- Free-cash-flow yieldBottom 1%
- EBITDA / enterprise valueBottom 3%
- Sales / enterprise valueBottom 16%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 3%
- 6-month returnTop 29%
- 1-year return vs S&P 500Bottom 3%
- Distance from 52-week highBottom 3%
- Trend checklist (0–4)Bottom 27%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 2%
- Consecutive EPS beatsBottom 17%
- Upside to consensus price targetTop 3%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 3%
- Maximum drawdown, 3 yearsBottom 4%
- Beta vs S&P 500 (lower is better)Bottom 3%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -26.6% | -20.9% | ↑ |
| Gross margin | 53.3% | 32.1% | ↓ |
| Operating margin | -17.1% | -60.9% | ↓ |
| FCF margin | -117.9% | -619.3% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -20.9% | -26.6% | ↑ | Bottom 5% |
| Gross margin | 32.1% | 53.3% | ↓ | Bottom 11% |
| Operating margin | -60.9% | -17.1% | ↓ | Bottom 4% |
| Net margin | -237.2% | -33.9% | ↓ | — |
| Free-cash-flow margin | -619.3% | -117.9% | ↓ | — |
| Return on invested capital | -6.4% | — | Bottom 7% | |
| Revenue growth, 3-year CAGR | 52.1% | — | Top 5% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.1%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 30.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +65.8 pp
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -0.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.14%
- Net buyback yield (TTM)
- -51.78%
- Shareholder yield
- -51.64%
- Share count change, 1 year
- +67.6%
- Share count change, 3-year CAGR
- +61.5%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 13, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 2 of 8
- Average EPS surprise, last 4
- +100.0%
- Average 2-day reaction, last 8
- +0.6%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $3.50
- Target vs current price
- +127.3%
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 13, 2026 | -588.9% | +2.1% | -4.1% | +6.8% | — |
| May 14, 2026 | -1025.0% | +4.9% | -13.3% | -14.8% | -36.0% |
| Mar 31, 2026 | -2550.0% | +4.0% | +4.0% | +20.6% | +53.2% |
| Nov 14, 2025 | +11850.0% | -4.4% | -18.7% | -10.7% | -29.8% |
| Aug 14, 2025 | +333.3% | +0.6% | -12.9% | -6.9% | -4.4% |
| May 15, 2025 | -540.0% | -3.7% | +13.1% | +21.5% | +40.2% |
| Mar 14, 2025 | -175.0% | +7.5% | +5.7% | -23.8% | +16.7% |
| Nov 18, 2024 | -766.7% | -5.9% | +4.0% | +0.9% | -26.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 13, 2026 | -$0.31 | -$0.05 | -588.9% | $32.1M |
| May 14, 2026 | -$0.45 | -$0.04 | -1025.0% | $27.9M |
| Mar 31, 2026 | -$0.53 | -$0.02 | -2550.0% | $32.3M |
| Nov 14, 2025 | $0.47 | -$0.00 | +11850.0% | $30.5M |
| Aug 14, 2025 | $0.07 | -$0.03 | +333.3% | $25.7M |
| May 15, 2025 | -$0.32 | -$0.05 | -540.0% | $25.1M |
| Mar 14, 2025 | -$0.11 | -$0.04 | -175.0% | $26.1M |
| Nov 18, 2024 | -$0.26 | -$0.03 | -766.7% | $22.7M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / Sales | 7.46× | — | — | Bottom 16% |
| Free-cash-flow yield | -133.66% | — | — | Bottom 1% |
| Earnings yield | -56.49% | — | — | Bottom 3% |
P/E over the past five years
Range 5.7× – 65.8× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✓ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 13
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- +0.2%
- 200-day average slope (20 days)
- -3.4%
- Distance from 50-day average
- +0.9%
- Distance from 200-day average
- -10.8%
- RSI (14)
- 44.9
- Relative volume
- 0.71×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 93.5%
- Volatility vs own 5-year history
- 38th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 2.12
- Correlation with S&P 500
- 0.39
- Current drawdown from 1-year high
- -63.5%
- Maximum drawdown, 3 years
- -78.1%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 4, 2021 | Dec 28, 2022 | -98.2% | 500 days | Not yet recovered |
| Nov 30, 2020 | Dec 16, 2020 | -37.4% | 12 days | 7 days (Dec 28, 2020) |
| Nov 5, 2020 | Nov 9, 2020 | -17.2% | 2 days | 4 days (Nov 13, 2020) |
| Nov 25, 2020 | Nov 27, 2020 | -13.1% | 1 days | 1 days (Nov 30, 2020) |
| Sep 30, 2020 | Oct 28, 2020 | -12.4% | 20 days | 5 days (Nov 4, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $569.2M
- EPS, diluted (TTM)
- -$0.87
- Revenue (TTM)
- $122.8M
- 52-week range
- $1.18 – $4.55
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $96.1M | $32.3M | $44.9M | $163.8M | $113.6M |
| Gross profit | $65.3M | $11.9M | $15.4M | $101.4M | $24.4M |
| Operating income | $5.9M | -$107.2M | -$16.6M | $27.6M | -$56.6M |
| Net income | -$1.0M | -$105.3M | -$13.9M | $28.3M | -$80.3M |
| EPS (diluted) | -$0.02 | -$1.34 | -$0.16 | $0.20 | -$0.31 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22.7M | $81.8M | $25.1M | $25.7M | $30.5M | $32.3M | $27.9M | $32.1M |
| Net income | -$38.8M | $29.0M | -$57.7M | $14.9M | $150.9M | -$188.4M | -$146.7M | -$107.2M |
| EPS (diluted) | -$0.26 | $0.20 | -$0.32 | $0.07 | $0.47 | -$0.58 | -$0.45 | -$0.31 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$23.3M | -$8.5M | $1.1M | -$13.0M | -$288.9M |
| Capital expenditure | -$46.8M | -$19.3M | -$66.7M | -$94.0M | -$285.9M |
| Free cash flow | -$70.1M | -$27.8M | -$65.6M | -$107.0M | -$574.9M |
| Dividends paid | $0 | $0 | -$1.6M | -$800,000 | -$800,000 |
| Net share buybacks | $109.2M | $21.0M | $53.8M | $242.9M | $456.3M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $84.0M
- Total assets
- $1.24B
- Total liabilities
- $703.8M
- Total debt
- $430.3M
- Net debt
- $346.7M
- Shareholders’ equity
- $395.2M
As of Jun 30, 2026 (filed Aug 13, 2026).
Short interest
- Shares sold short
- 55,799,102
- Days to cover
- 1.87
- Change vs previous report
- -17.7%
FINRA short interest, settlement date Sep 15, 2026.