Bit Digital Inc
NASDAQ:BTBT

Watchlist Manager
Bit Digital Inc Logo
Bit Digital Inc
NASDAQ:BTBT
Watchlist
Price: 3.99 USD -1.48% Market Closed
Market Cap: 589.7m USD
Have any thoughts about
Bit Digital Inc?
Write Note

Net Margin
Bit Digital Inc

-2.8%
Current
-104%
Average
1.7%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-2.8%
=
Net Income
-2.7m
/
Revenue
98m

Net Margin Across Competitors

Country Company Market Cap Net
Margin
US
Bit Digital Inc
NASDAQ:BTBT
612.5m USD
-3%
US
Salesforce Inc
NYSE:CRM
321.7B USD
15%
DE
SAP SE
XETRA:SAP
262.1B EUR
9%
US
Adobe Inc
NASDAQ:ADBE
226.5B USD
26%
US
NCR Corp
LSE:0K45
190.4B USD
7%
US
Intuit Inc
NASDAQ:INTU
190.2B USD
18%
US
Palantir Technologies Inc
NYSE:PLTR
139.3B USD
18%
US
Applovin Corp
NASDAQ:APP
106.8B USD
27%
US
Microstrategy Inc
NASDAQ:MSTR
80.5B USD
-87%
US
Synopsys Inc
NASDAQ:SNPS
85.7B USD
25%
US
Cadence Design Systems Inc
NASDAQ:CDNS
84.1B USD
24%
Country US
Market Cap 612.5m USD
Net Margin
-3%
Country US
Market Cap 321.7B USD
Net Margin
15%
Country DE
Market Cap 262.1B EUR
Net Margin
9%
Country US
Market Cap 226.5B USD
Net Margin
26%
Country US
Market Cap 190.4B USD
Net Margin
7%
Country US
Market Cap 190.2B USD
Net Margin
18%
Country US
Market Cap 139.3B USD
Net Margin
18%
Country US
Market Cap 106.8B USD
Net Margin
27%
Country US
Market Cap 80.5B USD
Net Margin
-87%
Country US
Market Cap 85.7B USD
Net Margin
25%
Country US
Market Cap 84.1B USD
Net Margin
24%
No Stocks Found

Bit Digital Inc
Glance View

Market Cap
612.5m USD
Industry
Technology

Bit Digital, Inc. operates as a bitcoin mining company. The company is headquartered in New York City, New York and currently employs 12 full-time employees. The company went IPO on 2018-03-20. The firm is engaged in the bitcoin mining business through its wholly owned subsidiaries in the United States, Hong Kong and Canada. The firm's bitcoin mining operations hosted by third party suppliers uses specialized computers known as miners, to generate bitcoins a cryptocurrency. The firm's mining facilities and mining platform operate with an intent of accumulating bitcoin, which seeks to sell for fiat currency from time to time depending on market conditions. The firm has approximately 32,500 miners in United States, Canada and China. The firm conduct its business through Bit Digital Hong Kong Limited, a Hong Kong company and operating entity in China, Bit Digital U.S.A. Inc., operating entity in the United States, and Bit Digital Canada, Inc., a Government of Alberta, Canada corporation and operating entity in Canada.

BTBT Intrinsic Value
6.51 USD
Undervaluation 39%
Intrinsic Value
Price

See Also

Discover More
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
-2.8%
=
Net Income
-2.7m
/
Revenue
98m
What is the Net Margin of Bit Digital Inc?

Based on Bit Digital Inc's most recent financial statements, the company has Net Margin of -2.8%.