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Bit Digital (BTBT) Competitors

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$1.63 +0.24 (+17.27%)
As of 04:00 PM Eastern

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 investment? We will contrast the two businesses based on the strength of their valuation, risk, earnings, dividends, media sentiment, analyst recommendations, institutional ownership and profitability.

Cipher Mining currently has a consensus price target of $28.61, indicating a potential upside of 64.72%. Bit Digital has a consensus price target of $5.13, indicating a potential upside of 214.42%. Given Bit Digital's higher probable upside, analysts plainly 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

In the previous week, Cipher Mining had 5 more articles in the media than Bit Digital. MarketBeat recorded 9 mentions for Cipher Mining and 4 mentions for Bit Digital. Bit Digital's average media sentiment score of 0.54 beat Cipher Mining's score of 0.38 indicating that Bit Digital is being referred to more favorably in the news media.

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

Bit Digital has a net margin of -237.19% compared to Cipher Mining's net margin of -585.75%. Bit Digital's return on equity of -10.66% 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 -237.19%-10.66%-6.81%

12.3% of Cipher Mining shares are held by institutional investors. Comparatively, 47.7% of Bit Digital shares are held by institutional investors. 3.1% of Cipher Mining shares are held by company insiders. Comparatively, 2.0% of Bit Digital shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Cipher Mining has a beta of 3.15, meaning that its share price is 215% more volatile than the broader market. Comparatively, Bit Digital has a beta of 3.97, meaning that its share price is 297% more volatile than the broader market.

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$223.94M32.19-$822.24M-$2.86N/A
Bit Digital$113.56M5.18-$80.32M-$1.06N/A

Summary

Bit Digital beats Cipher Mining on 10 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 risk, media sentiment, dividends, valuation, profitability, institutional ownership, earnings and analyst recommendations.

In the previous week, Bit Digital and Bit Digital both had 4 articles in the media. Bit Digital's average media sentiment score of 0.54 beat Cleanspark's score of 0.48 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
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cleanspark
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Cleanspark has a net margin of -146.90% compared to Bit Digital's net margin of -237.19%. Bit Digital's return on equity of -10.66% beat Cleanspark's return on equity.

Company Net Margins Return on Equity Return on Assets
Bit Digital-237.19% -10.66% -6.81%
Cleanspark -146.90%-18.63%-8.15%

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$113.56M5.18-$80.32M-$1.06N/A
Cleanspark$766.31M4.22$364.46M-$3.77N/A

Bit Digital has a beta of 3.97, meaning that its share price is 297% more volatile than the broader market. Comparatively, Cleanspark has a beta of 3.84, meaning that its share price is 284% more volatile than the broader market.

Bit Digital currently has a consensus target price of $5.13, indicating a potential upside of 214.42%. Cleanspark has a consensus target price of $23.88, indicating a potential upside of 89.86%. Given Bit Digital's higher possible upside, equities analysts clearly 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

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

Summary

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

How does Bit Digital compare to Coinbase Global?

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

In the previous week, Coinbase Global had 52 more articles in the media than Bit Digital. MarketBeat recorded 56 mentions for Coinbase Global and 4 mentions for Bit Digital. Coinbase Global's average media sentiment score of 0.60 beat Bit Digital's score of 0.54 indicating that Coinbase Global is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bit Digital
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Coinbase Global
22 Very Positive mention(s)
13 Positive mention(s)
14 Neutral mention(s)
4 Negative mention(s)
2 Very Negative mention(s)
Positive

Bit Digital has a beta of 3.97, indicating that its stock price is 297% more volatile than the broader market. Comparatively, Coinbase Global has a beta of 3.39, indicating that its stock price is 239% more volatile than the broader market.

Coinbase Global has a net margin of -15.72% compared to Bit Digital's net margin of -237.19%. 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
Bit Digital-237.19% -10.66% -6.81%
Coinbase Global -15.72%3.12%1.54%

Bit Digital currently has a consensus target price of $5.13, indicating a potential upside of 214.42%. Coinbase Global has a consensus target price of $216.87, indicating a potential upside of 12.54%. Given Bit Digital's higher possible upside, equities analysts clearly believe Bit Digital is more favorable than Coinbase Global.

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
Coinbase Global
5 Sell rating(s)
9 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.41

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
Bit Digital$113.56M5.18-$80.32M-$1.06N/A
Coinbase Global$7.18B7.08$1.26B-$3.84N/A

47.7% of Bit Digital shares are owned by institutional investors. Comparatively, 68.8% of Coinbase Global shares are owned by institutional investors. 2.0% of Bit Digital shares are owned by company insiders. Comparatively, 16.7% of Coinbase Global shares are owned by company 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

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 superior investment? We will contrast the two companies based on the strength of their media sentiment, profitability, dividends, institutional ownership, earnings, analyst recommendations, valuation and risk.

Bit Digital currently has a consensus target price of $5.13, indicating a potential upside of 214.42%. HIVE Digital Technologies has a consensus target price of $6.95, indicating a potential upside of 127.87%. Given Bit Digital's higher probable 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)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63

47.7% of Bit Digital shares are owned by institutional investors. Comparatively, 24.4% of HIVE Digital Technologies shares are owned by institutional investors. 2.0% of Bit Digital shares are owned by company insiders. Comparatively, 9.4% of HIVE Digital Technologies shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Bit Digital has a beta of 3.97, meaning that its stock price is 297% more volatile than the broader market. Comparatively, HIVE Digital Technologies has a beta of 3.75, meaning that its stock price is 275% more volatile than the broader market.

In the previous week, HIVE Digital Technologies had 1 more articles in the media than Bit Digital. MarketBeat recorded 5 mentions for HIVE Digital Technologies and 4 mentions for Bit Digital. HIVE Digital Technologies' average media sentiment score of 0.61 beat Bit Digital's score of 0.54 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
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
HIVE Digital Technologies
1 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

HIVE Digital Technologies has a net margin of -98.49% compared to Bit Digital's net margin of -237.19%. Bit Digital's return on equity of -10.66% beat HIVE Digital Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Bit Digital-237.19% -10.66% -6.81%
HIVE Digital Technologies -98.49%-31.98%-23.71%

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$113.56M5.18-$80.32M-$1.06N/A
HIVE Digital Technologies$297.79M2.80-$148.45M-$1.29N/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 business? We will contrast the two companies based on the strength of their dividends, valuation, profitability, institutional ownership, media sentiment, earnings, risk and analyst recommendations.

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

Hut 8 has a beta of 4.51, meaning that its stock price is 351% more volatile than the broader market. Comparatively, Bit Digital has a beta of 3.97, meaning that its stock price is 297% more volatile than the broader market.

In the previous week, Hut 8 had 18 more articles in the media than Bit Digital. MarketBeat recorded 22 mentions for Hut 8 and 4 mentions for Bit Digital. Hut 8's average media sentiment score of 0.99 beat Bit Digital's score of 0.54 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
12 Very Positive mention(s)
2 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Bit Digital
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Hut 8 has a net margin of -188.59% compared to Bit Digital's net margin of -237.19%. 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 -237.19%-10.66%-6.81%

Hut 8 presently has a consensus target price of $144.89, indicating a potential upside of 64.48%. Bit Digital has a consensus target price of $5.13, indicating a potential upside of 214.42%. Given Bit Digital's higher possible 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
1 Sell rating(s)
0 Hold rating(s)
17 Buy rating(s)
3 Strong Buy rating(s)
3.05
Bit Digital
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40

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$235.12M46.18-$226.15M-$5.45N/A
Bit Digital$113.56M5.18-$80.32M-$1.06N/A

Summary

Hut 8 beats Bit Digital on 12 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$501.28M$10.65B$29.51B$12.73B
Dividend YieldN/A2.77%2.73%8.86%
P/E Ratio-1.5414.2675.8025.38
Price / Sales5.1867.28591.9892.60
Price / CashN/A41.8447.3252.26
Price / Book1.1226.099.296.14
Net Income-$80.32M$268.46M$678.51M$349.01M
7 Day Performance2.52%-2.10%-2.37%-1.47%
1 Month Performance18.12%0.22%1.09%2.47%
1 Year Performance-34.80%31.75%186.43%15.84%

Bit Digital Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BTBT
Bit Digital
2.3521 of 5 stars
$1.63
+17.3%
$5.13
+214.4%
-46.7%$501.28M$113.56MN/A10
CIFR
Cipher Mining
2.8119 of 5 stars
$15.50
+2.2%
$28.61
+84.6%
+82.5%$6.30B$223.94MN/A10
CLSK
Cleanspark
3.3606 of 5 stars
$11.62
-0.3%
$23.88
+105.5%
+17.5%$2.99B$766.31MN/A130
COIN
Coinbase Global
2.6057 of 5 stars
$188.12
+5.3%
$216.87
+15.3%
-42.4%$47.13B$7.18BN/A4,951
HIVE
HIVE Digital Technologies
3.4693 of 5 stars
$2.78
flat
$6.95
+150.0%
-7.8%$761.12M$297.79MN/A20

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This page (NASDAQ:BTBT) was last updated on 9/3/2026 by MarketBeat.com Staff.
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