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Bit Digital (BTBT) Competitors

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$2.96 +0.02 (+0.68%)
Closing price 04:00 PM Eastern
Extended Trading
$2.98 +0.02 (+0.51%)
As of 06:19 PM Eastern
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BTBT vs. BITF, CLSK, COIN, HIVE, HUT, MARA, MSTR, RIOT, FHB, and BFH

Should you be buying Bit Digital stock or one of its competitors? The main competitors of Bit Digital include Bitfarms (BITF), Cleanspark (CLSK), Coinbase Global (COIN), HIVE Digital Technologies (HIVE), Hut 8 (HUT), Marathon Digital (MARA), Strategy (MSTR), Riot Platforms (RIOT), First Hawaiian (FHB), and Bread Financial (BFH).

Bit Digital vs. Its Competitors

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitfarms$192.88M8.33-$94.55M-$0.17-17.00
Bit Digital$155.09M6.13$28.31M-$0.31-9.55

20.6% of Bitfarms shares are held by institutional investors. Comparatively, 47.7% of Bit Digital shares are held by institutional investors. 9.5% of Bitfarms shares are held by insiders. Comparatively, 1.8% of Bit Digital shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Bitfarms presently has a consensus target price of $3.95, suggesting a potential upside of 36.68%. Bit Digital has a consensus target price of $6.33, suggesting a potential upside of 113.96%. Given Bit Digital's stronger consensus rating and higher possible upside, analysts clearly believe Bit Digital is more favorable than Bitfarms.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitfarms
0 Sell rating(s)
0 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
3.00
Bit Digital
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
3.33

Bitfarms has a beta of 3.5, meaning that its stock price is 250% more volatile than the S&P 500. Comparatively, Bit Digital has a beta of 4.77, meaning that its stock price is 377% more volatile than the S&P 500.

In the previous week, Bitfarms had 13 more articles in the media than Bit Digital. MarketBeat recorded 18 mentions for Bitfarms and 5 mentions for Bit Digital. Bit Digital's average media sentiment score of 1.11 beat Bitfarms' score of 0.71 indicating that Bit Digital is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bitfarms
8 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bit Digital
1 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Bitfarms has a net margin of -35.09% compared to Bit Digital's net margin of -52.86%. Bitfarms' return on equity of -9.86% beat Bit Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-35.09% -9.86% -8.44%
Bit Digital -52.86%-9.90%-8.36%

Summary

Bit Digital beats Bitfarms on 9 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BTBT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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.
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BTBT vs. The Competition

MetricBit DigitalTechnology Services IndustryBusiness SectorNASDAQ Exchange
Market Cap$951.44M$2.95B$26.02B$10.27B
Dividend YieldN/A1.58%2.74%4.60%
P/E Ratio-9.5524.2326.7426.51
Price / Sales6.1367.841,069.34165.32
Price / Cash79.1041.6225.8729.89
Price / Book1.007.897.806.32
Net Income$28.31M$34.56M$197.70M$270.51M
7 Day Performance6.86%6.47%3.60%2.15%
1 Month Performance-1.66%13.60%20.17%6.35%
1 Year Performance12.12%56.92%49.56%25.48%

Bit Digital Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BTBT
Bit Digital
3.1152 of 5 stars
$2.96
+0.7%
$6.33
+114.0%
+2.4%$951.44M$155.09M-9.5510Positive News
BITF
Bitfarms
2.554 of 5 stars
$1.28
-0.8%
$3.95
+208.6%
+21.6%$711.87M$192.88M-7.53110Trending News
Analyst Upgrade
CLSK
Cleanspark
4.2671 of 5 stars
$9.17
-0.8%
$20.47
+123.3%
+9.7%$2.58B$378.97M10.79130
COIN
Coinbase Global
3.9701 of 5 stars
$302.20
+1.0%
$352.72
+16.7%
+100.6%$77.65B$7.01B29.233,772Trending News
HIVE
HIVE Digital Technologies
2.7374 of 5 stars
$2.60
-2.3%
$6.93
+166.5%
+28.6%$598.73M$128.65M-13.0020Short Interest ↑
HUT
Hut 8
1.9408 of 5 stars
$25.48
+0.4%
$26.94
+5.7%
+204.2%$2.69B$162.38M0.00219Analyst Forecast
Options Volume
MARA
Marathon Digital
3.7312 of 5 stars
$15.20
+0.1%
$24.50
+61.2%
+0.7%$5.63B$656.38M13.699Analyst Forecast
MSTR
Strategy
4.6458 of 5 stars
$329.90
-1.8%
$552.50
+67.5%
+131.7%$93.54B$463.46M29.041,534Trending News
Analyst Forecast
Insider Trade
RIOT
Riot Platforms
0.9597 of 5 stars
$13.44
+1.1%
$17.33
+28.9%
+131.7%$4.97B$376.66M-31.26340Analyst Forecast
Gap Up
FHB
First Hawaiian
2.5726 of 5 stars
$25.78
+0.2%
$27.07
+5.0%
+9.2%$3.21B$1.17B13.292,000Positive News
BFH
Bread Financial
3.8638 of 5 stars
$65.51
-1.1%
$64.91
-0.9%
+32.7%$3.06B$4.80B11.086,000Positive News

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This page (NASDAQ:BTBT) was last updated on 9/16/2025 by MarketBeat.com Staff
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