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Bit Digital (BTBT) Competitors

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$1.37 -0.13 (-8.67%)
Closing price 07/24/2026 04:00 PM Eastern
Extended Trading
$1.36 -0.01 (-0.36%)
As of 07/24/2026 07:34 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

BTBT vs. CIFR, CLSK, COIN, HIVE, and HUT

Should you buy Bit Digital stock or one of its competitors? MarketBeat compares Bit Digital with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Bit Digital include Cipher Mining (CIFR), Cleanspark (CLSK), Coinbase Global (COIN), HIVE Digital Technologies (HIVE), and Hut 8 (HUT).

How does Bit Digital compare to Cipher Mining?

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

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$116.38M4.11-$80.32M-$0.68N/A
Cipher Mining$209.82M45.13-$822.24M-$2.33N/A

Bit Digital has a beta of 4.02, meaning that its share price is 302% more volatile than the broader market. Comparatively, Cipher Mining has a beta of 3.18, meaning that its share price is 218% more volatile than the broader market.

Bit Digital presently has a consensus price target of $5.13, indicating a potential upside of 274.09%. Cipher Mining has a consensus price target of $28.22, indicating a potential upside of 21.90%. Given Bit Digital's higher possible 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)
15 Buy rating(s)
1 Strong Buy rating(s)
2.89

Bit Digital has a net margin of -145.39% compared to Cipher Mining's net margin of -427.79%. 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
Bit Digital-145.39% -8.44% -6.24%
Cipher Mining -427.79%-117.65%-24.68%

47.7% of Bit Digital shares are held by institutional investors. Comparatively, 12.3% of Cipher Mining shares are held by institutional investors. 2.0% of Bit Digital shares are held by insiders. Comparatively, 2.6% of Cipher Mining shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

In the previous week, Cipher Mining had 8 more articles in the media than Bit Digital. MarketBeat recorded 12 mentions for Cipher Mining and 4 mentions for Bit Digital. Cipher Mining's average media sentiment score of 0.93 beat Bit Digital's score of 0.59 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)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cipher Mining
8 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Bit Digital presently has a consensus target price of $5.13, suggesting a potential upside of 274.09%. Cleanspark has a consensus target price of $22.34, suggesting a potential upside of 53.85%. 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)
14 Buy rating(s)
1 Strong Buy rating(s)
2.88

Bit Digital has a beta of 4.02, indicating that its stock price is 302% more volatile than the broader market. Comparatively, Cleanspark has a beta of 3.83, indicating that its stock price is 283% more volatile than the broader market.

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

Cleanspark has a net margin of -67.66% compared to Bit Digital's net margin of -145.39%. Cleanspark's return on equity of 7.07% beat Bit Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
Bit Digital-145.39% -8.44% -6.24%
Cleanspark -67.66%7.07%3.77%

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$116.38M4.11-$80.32M-$0.68N/A
Cleanspark$739.88M5.04$364.46M-$2.10N/A

In the previous week, Cleanspark had 2 more articles in the media than Bit Digital. MarketBeat recorded 6 mentions for Cleanspark and 4 mentions for Bit Digital. Bit Digital's average media sentiment score of 0.59 beat Cleanspark's score of 0.32 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)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cleanspark
2 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Cleanspark beats Bit Digital on 11 of the 17 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 business? We will compare the two businesses based on the strength of their valuation, risk, earnings, profitability, media sentiment, institutional ownership, dividends and analyst recommendations.

Coinbase Global has higher revenue and earnings than Bit Digital. Bit Digital is trading at a lower price-to-earnings ratio than Coinbase Global, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bit Digital$116.38M4.11-$80.32M-$0.68N/A
Coinbase Global$6.56B6.36$1.26B$2.6659.51

Bit Digital has a beta of 4.02, suggesting that its share price is 302% more volatile than the broader market. Comparatively, Coinbase Global has a beta of 3.35, suggesting that its share price is 235% more volatile than the broader market.

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 insiders. Comparatively, 16.7% of Coinbase Global shares are owned by 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.

Coinbase Global has a net margin of 12.20% compared to Bit Digital's net margin of -145.39%. Coinbase Global's return on equity of 4.16% beat Bit Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
Bit Digital-145.39% -8.44% -6.24%
Coinbase Global 12.20%4.16%2.07%

Bit Digital currently has a consensus price target of $5.13, suggesting a potential upside of 274.09%. Coinbase Global has a consensus price target of $239.14, suggesting a potential upside of 51.07%. Given Bit Digital's higher probable 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
3 Sell rating(s)
12 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.45

In the previous week, Coinbase Global had 68 more articles in the media than Bit Digital. MarketBeat recorded 72 mentions for Coinbase Global and 4 mentions for Bit Digital. Bit Digital's average media sentiment score of 0.59 beat Coinbase Global's score of 0.58 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)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Coinbase Global
31 Very Positive mention(s)
13 Positive mention(s)
11 Neutral mention(s)
11 Negative mention(s)
3 Very Negative mention(s)
Positive

Summary

Coinbase Global beats Bit Digital on 13 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 banking companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, media sentiment, earnings, profitability, analyst recommendations, risk, institutional ownership and dividends.

HIVE Digital Technologies currently has a consensus target price of $6.90, suggesting a potential upside of 133.11%. Bit Digital has a consensus target price of $5.13, suggesting a potential upside of 274.09%. Given Bit Digital's higher probable upside, analysts clearly 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)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56
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 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$297.79M2.63-$148.45M-$0.56N/A
Bit Digital$116.38M4.11-$80.32M-$0.68N/A

HIVE Digital Technologies has a beta of 3.77, meaning that its stock price is 277% 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.

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
HIVE Digital Technologies-49.21% -23.12% -20.33%
Bit Digital -145.39%-8.44%-6.24%

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 0.85 beat Bit Digital's score of 0.59 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
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bit Digital
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

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 banking companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, media sentiment, risk, profitability, analyst recommendations, valuation, earnings and dividends.

Hut 8 has a net margin of -109.77% compared to Bit Digital's net margin of -145.39%. Hut 8's return on equity of -0.35% beat Bit Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
Hut 8-109.77% -0.35% -0.22%
Bit Digital -145.39%-8.44%-6.24%

Hut 8 presently has a consensus target price of $133.10, indicating a potential upside of 21.01%. Bit Digital has a consensus target price of $5.13, indicating a potential upside of 274.09%. 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
1 Sell rating(s)
0 Hold rating(s)
18 Buy rating(s)
0 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, Hut 8 had 42 more articles in the media than Bit Digital. MarketBeat recorded 46 mentions for Hut 8 and 4 mentions for Bit Digital. Hut 8's average media sentiment score of 0.82 beat Bit Digital's score of 0.59 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
26 Very Positive mention(s)
4 Positive mention(s)
11 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Bit Digital
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Hut 8 has a beta of 4.62, indicating that its stock price is 362% more volatile than the broader market. Comparatively, Bit Digital has a beta of 4.02, indicating that its stock price is 302% more volatile than the broader market.

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

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$235.12M52.67-$226.15M-$3.00N/A
Bit Digital$116.38M4.11-$80.32M-$0.68N/A

Summary

Hut 8 beats Bit Digital on 11 of the 16 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$523.79M$3.83B$6.84B$12.26B
Dividend YieldN/A2.21%3.09%9.79%
P/E Ratio-2.0133.8528.1523.64
Price / Sales4.1144.65315.1276.82
Price / CashN/A34.0922.6859.64
Price / Book0.523.845.466.07
Net Income-$80.32M$31.76M$205.01M$331.99M
7 Day Performance-2.14%-1.90%-1.95%-0.63%
1 Month Performance-29.02%-7.80%-2.71%-2.00%
1 Year Performance-56.51%-6.23%4.47%13.62%

Bit Digital Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BTBT
Bit Digital
3.2016 of 5 stars
$1.37
-8.7%
$5.13
+274.1%
-57.6%$523.79M$116.38MN/A10
CIFR
Cipher Mining
3.1568 of 5 stars
$20.54
+17.0%
$28.22
+37.4%
+248.1%$7.18B$223.94MN/A10
CLSK
Cleanspark
3.0752 of 5 stars
$14.42
+10.7%
$22.34
+54.9%
+17.7%$3.34B$766.31MN/A130
COIN
Coinbase Global
4.1327 of 5 stars
$160.43
+2.1%
$245.39
+53.0%
-60.1%$41.39B$7.18B60.314,951
HIVE
HIVE Digital Technologies
2.9342 of 5 stars
$3.09
+8.4%
$6.90
+123.3%
+26.0%$753.68M$297.79MN/A20

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This page (NASDAQ:BTBT) was last updated on 7/25/2026 by MarketBeat.com Staff.
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