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Bit Digital (BTBT) Competitors

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$1.64 0.00 (0.00%)
As of 09/4/2026 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?

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

Bit Digital currently has a consensus target price of $5.13, suggesting a potential upside of 212.50%. Cipher Mining has a consensus target price of $28.61, suggesting a potential upside of 61.28%. Given Bit Digital's higher probable upside, equities analysts clearly believe Bit Digital is more favorable than Cipher Mining.

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
Cipher Mining
1 Sell rating(s)
1 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.89

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

In the previous week, Cipher Mining had 7 more articles in the media than Bit Digital. MarketBeat recorded 11 mentions for Cipher Mining and 4 mentions for Bit Digital. Cipher Mining's average media sentiment score of 0.58 beat Bit Digital's score of 0.34 indicating that Cipher Mining 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)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cipher Mining
4 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Bit Digital has higher earnings, but lower revenue 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
Bit Digital$113.56M5.21-$80.32M-$1.06N/A
Cipher Mining$223.94M32.88-$822.24M-$2.86N/A

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

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
Bit Digital-237.19% -10.66% -6.81%
Cipher Mining -585.75%-156.28%-21.29%

Summary

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

How does Bit Digital compare to Cleanspark?

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

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

Cleanspark currently has a consensus price target of $23.88, suggesting a potential upside of 88.22%. Bit Digital has a consensus price target of $5.13, suggesting a potential upside of 212.50%. Given Bit Digital's higher probable upside, analysts plainly believe Bit Digital is more favorable than Cleanspark.

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

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
Cleanspark-146.90% -18.63% -8.15%
Bit Digital -237.19%-10.66%-6.81%

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

In the previous week, Cleanspark and Cleanspark both had 4 articles in the media. Cleanspark's average media sentiment score of 0.58 beat Bit Digital's score of 0.34 indicating that Cleanspark is being referred to more favorably in the media.

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

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
Cleanspark$766.31M4.25$364.46M-$3.77N/A
Bit Digital$113.56M5.21-$80.32M-$1.06N/A

Summary

Cleanspark and Bit Digital tied by winning 8 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 better investment? We will compare the two businesses based on the strength of their institutional ownership, media sentiment, dividends, valuation, risk, profitability, earnings and analyst recommendations.

Bit Digital presently has a consensus price target of $5.13, suggesting a potential upside of 212.50%. Coinbase Global has a consensus price target of $216.87, suggesting a potential upside of 17.46%. Given Bit Digital's higher probable upside, equities research analysts plainly 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

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

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$113.56M5.21-$80.32M-$1.06N/A
Coinbase Global$7.18B6.78$1.26B-$3.84N/A

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%

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

In the previous week, Coinbase Global had 50 more articles in the media than Bit Digital. MarketBeat recorded 54 mentions for Coinbase Global and 4 mentions for Bit Digital. Coinbase Global's average media sentiment score of 0.49 beat Bit Digital's score of 0.34 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)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Coinbase Global
20 Very Positive mention(s)
13 Positive mention(s)
16 Neutral mention(s)
3 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?

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

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
HIVE Digital Technologies-98.49% -31.98% -23.71%
Bit Digital -237.19%-10.66%-6.81%

24.4% of HIVE Digital Technologies shares are owned by institutional investors. Comparatively, 47.7% of Bit Digital shares are owned by institutional investors. 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.

In the previous week, Bit Digital had 1 more articles in the media than HIVE Digital Technologies. MarketBeat recorded 4 mentions for Bit Digital and 3 mentions for HIVE Digital Technologies. HIVE Digital Technologies' average media sentiment score of 0.88 beat Bit Digital's score of 0.34 indicating that HIVE Digital Technologies is being referred to more favorably in the media.

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

Bit Digital has lower revenue, but higher earnings 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
HIVE Digital Technologies$297.79M2.86-$148.45M-$1.29N/A
Bit Digital$113.56M5.21-$80.32M-$1.06N/A

HIVE Digital Technologies presently has a consensus target price of $6.95, indicating a potential upside of 123.47%. Bit Digital has a consensus target price of $5.13, indicating a potential upside of 212.50%. Given Bit Digital's higher possible upside, analysts plainly believe Bit Digital is more favorable than HIVE Digital Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
HIVE Digital Technologies
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63
Bit Digital
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40

HIVE Digital Technologies has a beta of 3.75, meaning that its share price is 275% 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.

Summary

Bit Digital beats HIVE Digital Technologies on 11 of the 16 factors compared between the two stocks.

How does Bit Digital compare to Hut 8?

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

Bit Digital presently has a consensus price target of $5.13, indicating a potential upside of 212.50%. Hut 8 has a consensus price target of $144.89, indicating a potential upside of 54.90%. 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
Bit Digital
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40
Hut 8
1 Sell rating(s)
0 Hold rating(s)
17 Buy rating(s)
3 Strong Buy rating(s)
3.05

Bit Digital has higher earnings, but lower revenue 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
Bit Digital$113.56M5.21-$80.32M-$1.06N/A
Hut 8$235.12M49.04-$226.15M-$5.45N/A

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

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
Bit Digital-237.19% -10.66% -6.81%
Hut 8 -188.59%-0.97%-0.36%

In the previous week, Hut 8 had 15 more articles in the media than Bit Digital. MarketBeat recorded 19 mentions for Hut 8 and 4 mentions for Bit Digital. Hut 8's average media sentiment score of 0.88 beat Bit Digital's score of 0.34 indicating that Hut 8 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)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Hut 8
8 Very Positive mention(s)
2 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 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, Hut 8 has a beta of 4.51, indicating that its stock price is 351% more volatile than the broader market.

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$591.43M$10.99B$29.97B$12.89B
Dividend YieldN/A2.78%2.73%9.13%
P/E Ratio-1.5514.3176.1925.45
Price / Sales5.2166.12593.83100.83
Price / CashN/A43.3446.8435.62
Price / Book0.628.287.836.39
Net Income-$80.32M$271.39M$704.49M$358.69M
7 Day Performance14.69%-0.05%-0.80%0.22%
1 Month Performance18.84%-0.81%-1.46%-0.10%
1 Year Performance-34.66%31.97%186.44%14.04%

Bit Digital Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BTBT
Bit Digital
2.6986 of 5 stars
$1.64
flat
$5.13
+212.5%
-34.7%$591.43M$113.56MN/A10
CIFR
Cipher Mining
3.2226 of 5 stars
$15.50
+2.2%
$28.61
+84.6%
+135.9%$6.30B$223.94MN/A10
CLSK
Cleanspark
3.4047 of 5 stars
$11.62
-0.3%
$23.88
+105.5%
+37.3%$2.99B$766.31MN/A130
COIN
Coinbase Global
2.7775 of 5 stars
$188.12
+5.3%
$216.87
+15.3%
-38.3%$47.13B$7.18BN/A4,951
HIVE
HIVE Digital Technologies
3.6139 of 5 stars
$2.78
flat
$6.95
+150.0%
+16.9%$761.12M$297.79MN/A20

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This page (NASDAQ:BTBT) was last updated on 9/7/2026 by MarketBeat.com Staff.
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