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Bit Digital (BTBT) Competitors

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$1.57 +0.08 (+5.37%)
Closing price 04:00 PM Eastern
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$1.54 -0.03 (-1.59%)
As of 07:57 PM Eastern
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BTBT vs. CIFR, CLSK, COIN, HIVE, and HUT

Should you buy Bit Digital stock or one of its competitors? Bit Digital's main competitors and comparable companies include Cipher Mining (CIFR), Cleanspark (CLSK), Coinbase Global (COIN), HIVE Digital Technologies (HIVE), and Hut 8 (HUT). Companies are selected based on similarities in market, industry, and size.

How does Bit Digital compare to Cipher Mining?

Cipher Mining (NASDAQ:CIFR) and Bit Digital (NASDAQ:BTBT) are both technology companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, profitability, media sentiment, dividends, valuation, analyst recommendations, risk and earnings.

Bit Digital has lower revenue, but higher earnings than Cipher Mining. Cipher Mining 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
Cipher Mining$223.94M33.08-$822.24M-$2.86N/A
Bit Digital$113.56M4.83-$80.32M-$0.68N/A

In the previous week, Cipher Mining had 15 more articles in the media than Bit Digital. MarketBeat recorded 28 mentions for Cipher Mining and 13 mentions for Bit Digital. Cipher Mining's average media sentiment score of 0.48 beat Bit Digital's score of 0.04 indicating that Cipher Mining is being referred to more favorably in the media.

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

Cipher Mining has a beta of 3.2, indicating that its share price is 220% more volatile than the broader market. Comparatively, Bit Digital has a beta of 4.02, indicating that its share price is 302% more volatile than the broader market.

Bit Digital has a net margin of -145.39% compared to Cipher Mining's net margin of -585.75%. Bit Digital's return on equity of -8.44% beat Cipher Mining's return on equity.

Company Net Margins Return on Equity Return on Assets
Cipher Mining-585.75% -156.28% -21.29%
Bit Digital -145.39%-8.44%-6.24%

12.3% of Cipher Mining shares are owned by institutional investors. Comparatively, 47.7% of Bit Digital shares are owned by institutional investors. 3.1% of Cipher Mining shares are owned by insiders. Comparatively, 2.0% of Bit Digital shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Cipher Mining presently has a consensus price target of $28.61, indicating a potential upside of 60.29%. Bit Digital has a consensus price target of $5.13, indicating a potential upside of 226.43%. Given Bit Digital's higher probable upside, analysts clearly believe Bit Digital is more favorable than Cipher Mining.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cipher Mining
1 Sell rating(s)
1 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.89
Bit Digital
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40

Summary

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

How does Bit Digital compare to Cleanspark?

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

Bit Digital has a net margin of -145.39% compared to Cleanspark's net margin of -146.90%. Bit Digital's return on equity of -8.44% beat Cleanspark's return on equity.

Company Net Margins Return on Equity Return on Assets
Bit Digital-145.39% -8.44% -6.24%
Cleanspark -146.90%-18.63%-8.15%

47.7% of Bit Digital shares are held by institutional investors. Comparatively, 43.1% of Cleanspark shares are held by institutional investors. 2.0% of Bit Digital shares are held by company insiders. Comparatively, 2.1% of Cleanspark shares are held 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.

Cleanspark has higher revenue and earnings than Bit Digital. Cleanspark 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$113.56M4.83-$80.32M-$0.68N/A
Cleanspark$766.31M4.05$364.46M-$3.77N/A

Bit Digital has a beta of 4.02, meaning that its stock price is 302% more volatile than the broader market. Comparatively, Cleanspark has a beta of 3.86, meaning that its stock price is 286% more volatile than the broader market.

In the previous week, Cleanspark had 11 more articles in the media than Bit Digital. MarketBeat recorded 24 mentions for Cleanspark and 13 mentions for Bit Digital. Cleanspark's average media sentiment score of 0.14 beat Bit Digital's score of 0.04 indicating that Cleanspark is being referred to more favorably in the news media.

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

Bit Digital presently has a consensus target price of $5.13, suggesting a potential upside of 226.43%. Cleanspark has a consensus target price of $23.88, suggesting a potential upside of 97.56%. Given Bit Digital's higher possible upside, equities research analysts plainly believe Bit Digital is more favorable than Cleanspark.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bit Digital
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40
Cleanspark
1 Sell rating(s)
1 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.88

Summary

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

How does Bit Digital compare to Coinbase Global?

Coinbase Global (NASDAQ:COIN) and Bit Digital (NASDAQ:BTBT) are related companies, but which is the better investment? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, valuation, media sentiment, analyst recommendations and dividends.

Coinbase Global has higher revenue and earnings than Bit Digital. Coinbase Global 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
Coinbase Global$7.18B5.45$1.26B-$3.84N/A
Bit Digital$113.56M4.83-$80.32M-$0.68N/A

Coinbase Global has a net margin of -15.72% compared to Bit Digital's net margin of -145.39%. Coinbase Global's return on equity of 3.12% beat Bit Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
Coinbase Global-15.72% 3.12% 1.54%
Bit Digital -145.39%-8.44%-6.24%

68.8% of Coinbase Global shares are owned by institutional investors. Comparatively, 47.7% of Bit Digital shares are owned by institutional investors. 16.7% of Coinbase Global shares are owned by insiders. Comparatively, 2.0% of Bit Digital shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Coinbase Global currently has a consensus target price of $215.11, indicating a potential upside of 44.88%. Bit Digital has a consensus target price of $5.13, indicating a potential upside of 226.43%. Given Bit Digital's higher possible upside, analysts clearly believe Bit Digital is more favorable than Coinbase Global.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Coinbase Global
5 Sell rating(s)
9 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.41
Bit Digital
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40

Coinbase Global has a beta of 3.36, suggesting that its stock price is 236% more volatile than the broader market. Comparatively, Bit Digital has a beta of 4.02, suggesting that its stock price is 302% more volatile than the broader market.

In the previous week, Coinbase Global had 28 more articles in the media than Bit Digital. MarketBeat recorded 41 mentions for Coinbase Global and 13 mentions for Bit Digital. Coinbase Global's average media sentiment score of 0.65 beat Bit Digital's score of 0.04 indicating that Coinbase Global is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Coinbase Global
18 Very Positive mention(s)
10 Positive mention(s)
10 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Bit Digital
2 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Neutral

Summary

Coinbase Global beats Bit Digital on 12 of the 16 factors compared between the two stocks.

How does Bit Digital compare to HIVE Digital Technologies?

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

In the previous week, Bit Digital had 7 more articles in the media than HIVE Digital Technologies. MarketBeat recorded 13 mentions for Bit Digital and 6 mentions for HIVE Digital Technologies. HIVE Digital Technologies' average media sentiment score of 0.74 beat Bit Digital's score of 0.04 indicating that HIVE Digital Technologies is being referred to more favorably in the news media.

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

Bit Digital presently has a consensus target price of $5.13, suggesting a potential upside of 226.43%. HIVE Digital Technologies has a consensus target price of $6.95, suggesting a potential upside of 158.53%. Given Bit Digital's higher possible upside, research analysts clearly believe Bit Digital is more favorable than HIVE Digital Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bit Digital
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40
HIVE Digital Technologies
1 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.67

HIVE Digital Technologies has a net margin of -49.21% compared to Bit Digital's net margin of -145.39%. Bit Digital's return on equity of -8.44% beat HIVE Digital Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Bit Digital-145.39% -8.44% -6.24%
HIVE Digital Technologies -49.21%-23.12%-20.33%

47.7% of Bit Digital shares are held by institutional investors. Comparatively, 24.4% of HIVE Digital Technologies shares are held by institutional investors. 2.0% of Bit Digital shares are held by insiders. Comparatively, 9.4% of HIVE Digital Technologies shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Bit Digital has a beta of 4.02, suggesting that its share price is 302% more volatile than the broader market. Comparatively, HIVE Digital Technologies has a beta of 3.78, suggesting that its share price is 278% more volatile than the broader market.

Bit Digital has higher earnings, but lower revenue than HIVE Digital Technologies. HIVE Digital Technologies 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$113.56M4.83-$80.32M-$0.68N/A
HIVE Digital Technologies$297.79M2.43-$148.45M-$0.56N/A

Summary

Bit Digital beats HIVE Digital Technologies on 9 of the 16 factors compared between the two stocks.

How does Bit Digital compare to Hut 8?

Hut 8 (NASDAQ:HUT) and Bit Digital (NASDAQ:BTBT) are both technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, dividends, analyst recommendations, profitability, risk, valuation and earnings.

Bit Digital has lower revenue, but higher earnings than Hut 8. Hut 8 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
Hut 8$235.12M44.79-$226.15M-$5.45N/A
Bit Digital$113.56M4.83-$80.32M-$0.68N/A

In the previous week, Hut 8 had 9 more articles in the media than Bit Digital. MarketBeat recorded 22 mentions for Hut 8 and 13 mentions for Bit Digital. Hut 8's average media sentiment score of 0.73 beat Bit Digital's score of 0.04 indicating that Hut 8 is being referred to more favorably in the media.

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

31.8% of Hut 8 shares are owned by institutional investors. Comparatively, 47.7% of Bit Digital shares are owned by institutional investors. 10.4% of Hut 8 shares are owned by insiders. Comparatively, 2.0% of Bit Digital shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Hut 8 has a beta of 4.64, meaning that its stock price is 364% more volatile than the broader market. Comparatively, Bit Digital has a beta of 4.02, meaning that its stock price is 302% more volatile than the broader market.

Bit Digital has a net margin of -145.39% compared to Hut 8's net margin of -188.59%. Hut 8's return on equity of -0.97% beat Bit Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
Hut 8-188.59% -0.97% -0.36%
Bit Digital -145.39%-8.44%-6.24%

Hut 8 currently has a consensus price target of $144.89, indicating a potential upside of 69.59%. Bit Digital has a consensus price target of $5.13, indicating a potential upside of 226.43%. Given Bit Digital's higher probable upside, analysts plainly believe Bit Digital is more favorable than Hut 8.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hut 8
0 Sell rating(s)
1 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
3.00
Bit Digital
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40

Summary

Hut 8 beats Bit Digital on 11 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 DigitalIT Services IndustryTechnology SectorNASDAQ Exchange
Market Cap$548.23M$11.40B$30.42B$13.04B
Dividend YieldN/A2.74%2.72%10.72%
P/E Ratio-2.3114.1175.4825.30
Price / Sales4.8359.31600.16101.06
Price / CashN/A44.5752.3350.75
Price / Book0.5924.989.536.33
Net Income-$80.32M$271.20M$681.19M$347.70M
7 Day Performance13.77%2.17%1.44%1.07%
1 Month Performance-4.85%2.97%2.33%1.03%
1 Year Performance-50.78%36.05%199.49%20.77%

Bit Digital Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BTBT
Bit Digital
3.2824 of 5 stars
$1.57
+5.4%
$5.13
+226.4%
-53.0%$548.23M$113.56MN/A10
CIFR
Cipher Mining
3.5846 of 5 stars
$16.33
-4.9%
$28.61
+75.2%
+239.2%$7.13B$223.94MN/A10
CLSK
Cleanspark
3.8537 of 5 stars
$11.59
-5.8%
$23.88
+106.1%
+15.5%$3.16B$766.31MN/A130
COIN
Coinbase Global
4.123 of 5 stars
$148.68
-3.2%
$215.11
+44.7%
-52.9%$40.53B$7.18BN/A4,951
HIVE
HIVE Digital Technologies
3.178 of 5 stars
$2.60
-8.5%
$6.95
+167.5%
+15.7%$762.91M$297.79MN/A20

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This page (NASDAQ:BTBT) was last updated on 8/14/2026 by MarketBeat.com Staff.
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