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Bit Digital

BTBT

Bit Digital is a strategic asset company that operates institutional-grade infrastructure for the digital asset and artificial intelligence sectors.

Market cap
$593.71M-46.4%
Revenue$116.4M+13.3%
Net income-$169.3M-113%
Free cash flow-$697.6M-392%
EPS (diluted)-$0.68-44.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 13, 2026 (in a month)
Revenue estimate$23.7M
EPS estimate-$0.05

Financials

Q1 2026

Income statement

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Revenue$27.9M+11.2%
Operating income-$142.9M-173%
Net income-$146.7M-154%
EPS (diluted)-$0.45-40.6%

Balance sheet

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Cash & equivalents$83.9M+36.8%
Total debt$29.7M+103%
Total equity$469.2M+12.4%
Total assets$1.2B+143%

Cash flow

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Operating cash flow-$1.1M-106%
CapEx$169.2M+160%
Free cash flow-$170.3M-258%

Valuation & ratios

Valuation

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Market cap$593.71M-46.4%
Enterprise value$539.54M-36.2%
P/S5.1×-4.8×

Profitability

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Operating margin-156.7%-816pp
Net margin-145.4%+1,071pp
FCF margin-599.3%-855pp

Returns & leverage

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Return on equity-38.2%+67.7pp
Debt / equity0.1×0.0×
Current ratio6.4×+2.5×

Segments

By product

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Total Consolidated Revenue$27.9M
Segment Revenue$27.6M
Total Consolidated Cost Of Revenue$12.1M
Other Revenue$383.4K
Intersegment Revenue$8.7K

Competitors

Profile

Bit Digital is a strategic asset company that operates institutional-grade infrastructure for the digital asset and artificial intelligence sectors. The company focuses on generating yield through Ethereum staking and network participation while providing high-performance computing (HPC) and cloud services for AI workloads. By integrating blockchain-native treasury strategies with intelligence infrastructure, the company aims to capture value from the growth of decentralized finance and generative AI.

Competitive position

Bit Digital is a leading institutional ETH staker and a pioneer in the 'NeoCloud' space, leveraging its blockchain infrastructure expertise to scale high-density AI compute facilities.

GeographiesUnited States, Canada, Iceland, Japan
Customer segmentsEnterprise, Institutional, Technology Developers
Business modelInfrastructure-as-a-Service, Yield Generation, Asset Management, B2B
SuppliersGPU Manufacturers (NVIDIA), Server OEMs (Dell, SuperMicro, HPE), Electric Utility Providers (Hydro Quebec, Duke Energy), Staking Infrastructure Providers, ASIC Manufacturers (Bitmain, MicroBT)
CustomersAI Startups, Enterprise Machine Learning Departments, Cloud Gaming Platforms, Digital Asset Exchanges
Listed2018
Employees24.0
CEOSamir Tabar
FilingsSEC EDGAR

Questions, answered.

What is Bit Digital's market cap?
Bit Digital (BTBT) has a market capitalization of $593.7M and trades on NASDAQ.
What is Bit Digital's revenue and profitability?
Bit Digital generated $116.4M in trailing twelve-month revenue with a net loss of $169.3M, representing a net margin of -145.4%, with free cash flow of -$697.6M. These figures are based on the Q1 2026 filing.
Who are Bit Digital's competitors?
Bit Digital's key competitors include Marathon Digital Holdings, Equinix, Digital Realty, and others. These companies compete in similar markets and product categories.
Who does Bit Digital partner with?
Bit Digital's notable partners include Figment, NVIDIA, Coinbase, and others.
What subsidiaries does Bit Digital have?
Bit Digital's subsidiaries include WhiteFiber Inc., Enovum Data Centers Corp, WhiteFiber AI, Inc..
Where is Bit Digital headquartered?
Bit Digital is headquartered in United States of America and employs approximately 24 people. It has been publicly traded since 2018.