Free Trial

Bit Digital (BTBT) Competitors

Bit Digital logo
$1.76 0.00 (0.00%)
As of 04:00 PM Eastern

BTBT vs. CCB, TFIN, VBTX, LX, IREN, QCRH, BY, LOB, HUT, and FBMS

Should you be buying Bit Digital stock or one of its competitors? The main competitors of Bit Digital include Coastal Financial (CCB), Triumph Financial (TFIN), Veritex (VBTX), LexinFintech (LX), Iris Energy (IREN), QCR (QCRH), Byline Bancorp (BY), Live Oak Bancshares (LOB), Hut 8 (HUT), and First Bancshares (FBMS). These companies are all part of the "banking" industry.

Bit Digital vs.

Bit Digital (NASDAQ:BTBT) and Coastal Financial (NASDAQ:CCB) are both small-cap business services companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, valuation, risk, profitability, media sentiment, community ranking, institutional ownership and earnings.

Bit Digital presently has a consensus price target of $6.33, indicating a potential upside of 259.85%. Coastal Financial has a consensus price target of $98.75, indicating a potential upside of 20.54%. Given Bit Digital's stronger consensus rating and higher possible upside, analysts clearly believe Bit Digital is more favorable than Coastal Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bit Digital
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
3.33
Coastal Financial
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.25

In the previous week, Bit Digital had 4 more articles in the media than Coastal Financial. MarketBeat recorded 12 mentions for Bit Digital and 8 mentions for Coastal Financial. Coastal Financial's average media sentiment score of 1.46 beat Bit Digital's score of 0.83 indicating that Coastal Financial is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bit Digital
5 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Coastal Financial
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Coastal Financial has a net margin of 6.43% compared to Bit Digital's net margin of -2.75%. Coastal Financial's return on equity of 14.98% beat Bit Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
Bit Digital-2.75% -5.69% -4.82%
Coastal Financial 6.43%14.98%1.20%

47.7% of Bit Digital shares are owned by institutional investors. Comparatively, 59.2% of Coastal Financial shares are owned by institutional investors. 41.3% of Bit Digital shares are owned by company insiders. Comparatively, 16.8% of Coastal Financial shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Coastal Financial has higher revenue and earnings than Bit Digital. Bit Digital is trading at a lower price-to-earnings ratio than Coastal Financial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bit Digital$163.76M1.65-$13.89M$0.286.29
Coastal Financial$452.86M2.71$45.22M$3.2525.21

Coastal Financial received 4 more outperform votes than Bit Digital when rated by MarketBeat users. However, 72.73% of users gave Bit Digital an outperform vote while only 71.43% of users gave Coastal Financial an outperform vote.

CompanyUnderperformOutperform
Bit DigitalOutperform Votes
16
72.73%
Underperform Votes
6
27.27%
Coastal FinancialOutperform Votes
20
71.43%
Underperform Votes
8
28.57%

Bit Digital has a beta of 6.05, meaning that its stock price is 505% more volatile than the S&P 500. Comparatively, Coastal Financial has a beta of 1, meaning that its stock price has a similar volatility profile to the S&P 500.

Summary

Coastal Financial beats Bit Digital on 11 of the 18 factors compared between the two stocks.

Remove Ads
Get Bit Digital News Delivered to You Automatically

Sign up to receive the latest news and ratings for BTBT and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

BTBT vs. The Competition

MetricBit DigitalNondepository credit institutions IndustryBusiness SectorNASDAQ Exchange
Market Cap$270.18M$6.81B$6.92B$7.36B
Dividend YieldN/A4.79%2.70%4.32%
P/E Ratio29.3315.6429.4017.68
Price / Sales1.658.65150.7392.88
Price / Cash455.6642.1531.6134.64
Price / Book1.011.944.513.94
Net Income-$13.89M$524.31M$195.82M$247.45M
7 Day Performance-7.37%-1.30%-1.34%0.48%
1 Month Performance-27.87%-13.93%-7.38%-7.08%
1 Year Performance-3.30%3.03%3.17%-0.35%

Bit Digital Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BTBT
Bit Digital
3.244 of 5 stars
$1.76
flat
$6.33
+259.8%
-6.4%$270.18M$163.76M29.3310
CCB
Coastal Financial
3.7755 of 5 stars
$82.06
+2.8%
$98.75
+20.3%
+111.2%$1.22B$452.86M25.10380Insider Trade
Short Interest ↑
News Coverage
Positive News
TFIN
Triumph Financial
2.2267 of 5 stars
$50.89
-1.2%
$79.00
+55.2%
-32.3%$1.19B$415.57M94.061,430Earnings Report
News Coverage
Positive News
VBTX
Veritex
4.6658 of 5 stars
$21.23
-1.6%
$30.90
+45.5%
+10.9%$1.16B$425.65M10.90770Upcoming Earnings
News Coverage
Gap Down
LX
LexinFintech
3.6081 of 5 stars
$7.02
-14.6%
$13.60
+93.9%
+334.5%$1.15B$14.20B11.143,900Positive News
Gap Down
High Trading Volume
IREN
Iris Energy
4.0021 of 5 stars
$5.90
-0.6%
$20.40
+245.6%
+25.9%$1.11B$283.73M0.00100Gap Down
QCRH
QCR
3.5342 of 5 stars
$64.79
+0.3%
$82.00
+26.6%
+18.5%$1.10B$337.71M9.66920Upcoming Earnings
Short Interest ↑
News Coverage
Gap Down
BY
Byline Bancorp
4.0376 of 5 stars
$24.05
-0.3%
$33.75
+40.4%
+18.0%$1.08B$403.54M8.72970Gap Down
LOB
Live Oak Bancshares
4.0889 of 5 stars
$23.61
-3.0%
$44.75
+89.5%
-36.2%$1.07B$492.82M16.23960Gap Down
HUT
Hut 8
2.9776 of 5 stars
$11.43
+0.4%
$29.40
+157.1%
+57.9%$1.06B$671.72M0.00219Analyst Forecast
News Coverage
Gap Down
FBMS
First Bancshares
2.4825 of 5 stars
$33.75
+0.3%
$38.75
+14.8%
+44.5%$1.05B$276.99M13.83870Analyst Forecast
High Trading Volume
Remove Ads

Related Companies and Tools


This page (NASDAQ:BTBT) was last updated on 4/16/2025 by MarketBeat.com Staff
From Our Partners