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Bit Digital (BTBT) Competitors

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$3.33 -0.14 (-4.03%)
Closing price 07/11/2025 04:00 PM Eastern
Extended Trading
$3.32 -0.01 (-0.30%)
As of 07/11/2025 07:59 PM Eastern
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BTBT vs. BITF, CLSK, HIVE, HUT, MARA, MSTR, RIOT, WULF, PRK, 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), HIVE Digital Technologies (HIVE), Hut 8 (HUT), Marathon Digital (MARA), MicroStrategy (MSTR), Riot Platforms (RIOT), TeraWulf (WULF), Park National (PRK), and Bread Financial (BFH).

Bit Digital vs. Its Competitors

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

In the previous week, Bitfarms had 2 more articles in the media than Bit Digital. MarketBeat recorded 20 mentions for Bitfarms and 18 mentions for Bit Digital. Bit Digital's average media sentiment score of 0.66 beat Bitfarms' score of 0.46 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
5 Very Positive mention(s)
7 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bitfarms
3 Very Positive mention(s)
1 Positive mention(s)
12 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Bit Digital has a beta of 5.25, meaning that its stock price is 425% more volatile than the S&P 500. Comparatively, Bitfarms has a beta of 3.45, meaning that its stock price is 245% more volatile than the S&P 500.

Bitfarms has a net margin of -40.09% compared to Bit Digital's net margin of -77.27%. Bit Digital's return on equity of -10.83% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bit Digital-77.27% -10.83% -9.19%
Bitfarms -40.09%-12.70%-11.18%

Bit Digital has higher earnings, but lower revenue 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bit Digital$108.05M6.43$28.31M-$0.47-7.09
Bitfarms$192.88M3.08-$105.63M-$0.19-5.63

47.7% of Bit Digital shares are held by institutional investors. Comparatively, 20.6% of Bitfarms shares are held by institutional investors. 2.3% of Bit Digital shares are held by company insiders. Comparatively, 9.5% of Bitfarms shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Bit Digital presently has a consensus price target of $6.33, suggesting a potential upside of 90.19%. Bitfarms has a consensus price target of $4.44, suggesting a potential upside of 314.72%. Given Bitfarms' higher possible upside, analysts clearly believe Bitfarms is more favorable than Bit Digital.

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
Bitfarms
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00

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$694.41M$2.42B$15.38B$9.10B
Dividend YieldN/A1.44%2.72%4.02%
P/E Ratio-7.0930.8828.6920.26
Price / Sales6.4334.58431.54165.28
Price / Cash88.6943.4826.3457.67
Price / Book1.135.836.185.49
Net Income$28.31M$32.23M$190.21M$250.45M
7 Day Performance10.08%2.33%0.97%4.79%
1 Month Performance33.73%9.96%6.08%9.59%
1 Year Performance-12.37%39.12%28.16%16.41%

Bit Digital Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BTBT
Bit Digital
3.0259 of 5 stars
$3.33
-4.0%
$6.33
+90.2%
-12.4%$694.41M$108.05M-7.0910Options Volume
Gap Up
High Trading Volume
BITF
Bitfarms
2.9172 of 5 stars
$1.03
+1.0%
$4.44
+330.8%
-57.7%$572.64M$192.88M-5.42110Analyst Revision
Gap Up
CLSK
Cleanspark
3.0689 of 5 stars
$11.32
-7.6%
$20.38
+80.0%
-20.2%$3.18B$378.97M-11.79130Trending News
Analyst Forecast
Analyst Revision
Gap Up
HIVE
HIVE Digital Technologies
2.9131 of 5 stars
$2.27
-1.7%
$6.57
+189.5%
-34.7%$452.16M$115.28M-6.3120Trending News
Analyst Revision
Gap Up
High Trading Volume
HUT
Hut 8
2.3808 of 5 stars
$21.20
-3.2%
$25.76
+21.5%
+28.7%$2.21B$162.38M0.00219Analyst Revision
Gap Up
MARA
Marathon Digital
1.7485 of 5 stars
$16.75
-5.2%
$20.94
+25.0%
-7.8%$5.89B$656.38M-11.559Gap Up
MSTR
MicroStrategy
4.0336 of 5 stars
$395.67
-2.1%
$514.42
+30.0%
+211.1%$108.18B$463.46M-18.141,534Trending News
Insider Trade
Gap Up
RIOT
Riot Platforms
2.1148 of 5 stars
$11.55
-5.1%
$17.35
+50.2%
+26.7%$4.13B$376.66M-8.75340News Coverage
Analyst Revision
Gap Up
WULF
TeraWulf
3.3431 of 5 stars
$4.80
-8.7%
$7.89
+64.4%
-7.9%$1.85B$140.05M-14.556Positive News
Analyst Revision
PRK
Park National
1.5211 of 5 stars
$174.49
-1.6%
$177.75
+1.9%
+13.1%$2.83B$528.91M18.741,790Trending News
BFH
Bread Financial
2.7226 of 5 stars
$59.58
-1.4%
$60.27
+1.2%
+29.1%$2.77B$3.82B10.586,000Analyst Forecast

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This page (NASDAQ:BTBT) was last updated on 7/13/2025 by MarketBeat.com Staff
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