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Bit Digital (BTBT) Competitors

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$3.65 -0.04 (-1.08%)
Closing price 10/17/2025 04:00 PM Eastern
Extended Trading
$3.68 +0.03 (+0.79%)
As of 10/17/2025 08:00 PM Eastern
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BTBT vs. BITF, CLSK, COIN, HIVE, HUT, MARA, MSTR, RIOT, AX, and IFS

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), AXOS FINANCIAL (AX), and Intercorp Financial Services (IFS).

Bit Digital vs. Its Competitors

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

In the previous week, Bitfarms had 26 more articles in the media than Bit Digital. MarketBeat recorded 30 mentions for Bitfarms and 4 mentions for Bit Digital. Bit Digital's average media sentiment score of 0.61 beat Bitfarms' score of 0.43 indicating that Bit Digital is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bit Digital
0 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bitfarms
5 Very Positive mention(s)
11 Positive mention(s)
11 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral

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
Bit Digital-52.86% -9.90% -8.36%
Bitfarms -35.09%-9.86%-8.44%

Bit Digital has higher earnings, but lower revenue 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
Bit Digital$108.05M10.86$28.31M-$0.31-11.77
Bitfarms$192.88M14.61-$95.59M-$0.17-29.47

Bit Digital has a beta of 4.77, meaning that its share price is 377% more volatile than the S&P 500. Comparatively, Bitfarms has a beta of 3.73, meaning that its share price is 273% more volatile than the S&P 500.

Bit Digital currently has a consensus price target of $6.33, indicating a potential upside of 73.52%. Bitfarms has a consensus price target of $4.35, indicating a potential downside of 13.17%. Given Bit Digital's stronger consensus rating and higher possible upside, equities analysts plainly believe Bit Digital is more favorable than Bitfarms.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bit Digital
1 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.75
Bitfarms
1 Sell rating(s)
0 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.71

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

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$1.17B$3.10B$6.77B$10.56B
Dividend YieldN/A1.70%2.89%4.81%
P/E Ratio-11.7724.5726.2427.12
Price / Sales10.8651.01949.85132.79
Price / Cash97.2155.9830.7060.81
Price / Book1.237.227.646.52
Net Income$28.31M$27.08M$197.59M$276.93M
7 Day Performance-2.93%0.71%0.65%1.93%
1 Month Performance16.99%2.47%-0.34%2.19%
1 Year Performance-9.88%52.76%48.52%34.99%

Bit Digital Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BTBT
Bit Digital
2.2849 of 5 stars
$3.65
-1.1%
$6.33
+73.5%
-5.9%$1.17B$108.05M-11.7710Gap Down
BITF
Bitfarms
1.4339 of 5 stars
$3.46
+15.0%
$3.69
+6.6%
+167.9%$1.95B$245.66M-20.35110Trending News
Gap Down
High Trading Volume
CLSK
Cleanspark
3.5009 of 5 stars
$17.43
+9.3%
$20.14
+15.5%
+66.6%$4.90B$378.97M20.51130Trending News
Analyst Forecast
Analyst Revision
Gap Down
COIN
Coinbase Global
3.7143 of 5 stars
$386.07
+1.6%
$367.27
-4.9%
+64.6%$99.20B$6.56B37.343,772Trending News
Analyst Forecast
Insider Trade
Analyst Revision
Gap Up
HIVE
HIVE Digital Technologies
2.6387 of 5 stars
$5.57
+25.2%
$6.93
+24.4%
+73.0%$1.31B$128.65M-27.8520Analyst Forecast
Gap Up
High Trading Volume
HUT
Hut 8
2.1137 of 5 stars
$41.42
+3.3%
$29.88
-27.9%
+282.5%$4.37B$550.39M0.00219News Coverage
Analyst Forecast
Gap Up
MARA
Marathon Digital
3.8545 of 5 stars
$20.57
+9.3%
$23.40
+13.8%
+8.7%$7.62B$656.38M18.539Analyst Forecast
Insider Trade
Gap Down
MSTR
Strategy
4.4945 of 5 stars
$359.69
+2.3%
$509.54
+41.7%
+49.9%$101.99B$463.46M31.661,534Trending News
Analyst Forecast
RIOT
Riot Platforms
1.8481 of 5 stars
$21.56
+10.9%
$20.81
-3.5%
+117.7%$7.97B$541.72M-50.14340Analyst Forecast
Gap Up
AX
AXOS FINANCIAL
4.0224 of 5 stars
$85.69
+0.6%
$96.83
+13.0%
+12.1%$4.85B$1.95B11.491,989Analyst Forecast
IFS
Intercorp Financial Services
3.434 of 5 stars
$40.25
-1.8%
N/A+48.8%$4.61B$1.68B8.948,542

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This page (NASDAQ:BTBT) was last updated on 10/18/2025 by MarketBeat.com Staff
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