BTC Digital (NASDAQ:BTCT) & Bit Digital (NASDAQ:BTBT) Head-To-Head Contrast

BTC Digital (NASDAQ:BTCTGet Free Report) and Bit Digital (NASDAQ:BTBTGet Free Report) are both small-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, analyst recommendations, earnings, institutional ownership, dividends, valuation and risk.

Institutional and Insider Ownership

7.3% of BTC Digital shares are owned by institutional investors. Comparatively, 47.7% of Bit Digital shares are owned by institutional investors. 6.8% of BTC Digital shares are owned by insiders. Comparatively, 41.3% 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.

Volatility and Risk

BTC Digital has a beta of -0.07, suggesting that its share price is 107% less volatile than the S&P 500. Comparatively, Bit Digital has a beta of 4.79, suggesting that its share price is 379% more volatile than the S&P 500.

Profitability

This table compares BTC Digital and Bit Digital’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
BTC Digital N/A N/A N/A
Bit Digital 33.30% -1.48% -1.28%

Analyst Ratings

This is a summary of recent ratings and price targets for BTC Digital and Bit Digital, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
BTC Digital 0 0 0 0 N/A
Bit Digital 0 0 2 0 3.00

Bit Digital has a consensus target price of $6.50, suggesting a potential upside of 67.10%. Given Bit Digital’s higher possible upside, analysts plainly believe Bit Digital is more favorable than BTC Digital.

Valuation & Earnings

This table compares BTC Digital and Bit Digital”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
BTC Digital $6.77 million 0.51 -$2.82 million N/A N/A
Bit Digital $86.85 million 3.69 -$13.89 million $0.30 12.97

BTC Digital has higher earnings, but lower revenue than Bit Digital.

Summary

Bit Digital beats BTC Digital on 8 of the 11 factors compared between the two stocks.

About BTC Digital

(Get Free Report)

BTC Digital Ltd. a crypto asset technology company engages in bitcoin mining business. It is also involved in mining machines resale and rental business. The company was formerly known as Meten Holding Group Ltd. and changed its name to BTC Digital Ltd. in August 2023. The company was founded in 2006 and is headquartered in Shenzhen, China.

About Bit Digital

(Get Free Report)

Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was founded in 2015 and is headquartered in New York, New York.

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