Bit Digital (BTBT) Competitors

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

Does the media prefer BITF or BTBT?

In the previous week, Bit Digital had 15 more articles in the media than Bitfarms. MarketBeat recorded 31 mentions for Bit Digital and 16 mentions for Bitfarms. Bitfarms' average media sentiment score of 0.92 beat Bit Digital's score of 0.49 indicating that Bitfarms is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Bitfarms	6 Very Positive mention(s)	1 Positive mention(s)	4 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Bit Digital	7 Very Positive mention(s)	6 Positive mention(s)	7 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Neutral

Which has more risk & volatility, BITF or BTBT?

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 4.9, meaning that its stock price is 390% more volatile than the S&P 500.

Which has stronger earnings & valuation, BITF or BTBT?

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bitfarms	$192.88M	3.66	-$94.55M	-$0.17	-7.47
Bit Digital	$108.05M	8.57	$28.31M	-$0.31	-9.29

Is BITF or BTBT more profitable?

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%

Do analysts prefer BITF or BTBT?

Bitfarms presently has a consensus price target of $3.95, suggesting a potential upside of 211.02%. Bit Digital has a consensus price target of $6.33, suggesting a potential upside of 119.91%. Given Bitfarms' higher probable upside, equities research analysts clearly believe Bitfarms is more favorable than Bit Digital.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bitfarms	0 Sell rating(s)	0 Hold rating(s)	5 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

Do insiders & institutionals hold more shares of BITF or BTBT?

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 large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

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