BTBT

Question 1

What does Bit Digital Inc (BTBT) do?

Accepted Answer

**Summary**  
Bit Digital Inc (BTBT) is a publicly traded company primarily focused on Bitcoin mining, Ethereum staking, and high-performance computing (HPC) services, including cloud and colocation solutions for AI and machine learning applications. They operate data centers and have been strategically accumulating Ethereum as part of their treasury management.

**Detailed Analysis**  
- **Bitcoin Mining**: BTBT engages in Bitcoin mining as a core business activity, aiming to accumulate BTC which may be sold depending on market conditions[^5^].  
- **Ethereum Staking**: The company is involved in both native and liquid staking of Ethereum, aligning with its long-term treasury strategy[^6^].  
- **HPC Data Centers & Cloud Services**: BTBT designs, develops, and operates HPC data centers, offering hosting, colocation, and cloud-based GPU services for AI and ML developers[^0^].  
- **Public Company**: Listed on NASDAQ under the ticker BTBT, the company went public on March 20, 2018, and is headquartered in New York City[^0^].  
- **Financials**: Recent financial reports indicate a total revenue of $163.76M, with a gross profit of $101.38M and EBITDA of $59.87M[^10^].

If you're tracking companies with direct exposure to Bitcoin and Ethereum, BTBT is a name to watch on the public markets. For real-time tracking of whale movements and smart money plays, check out Edgen Radar.

Question 2

What is Bit Digital Inc (BTBT)'s P/E Ratio?

Accepted Answer

Summary:  
Bit Digital Inc. (BTBT) is a crypto mining and HPC services provider, but its P/E ratio isn't readily available. This lack of data doesn't mean it's a secret like the Coca-Cola formula—it likely reflects the company's volatile or unprofitable earnings performance, which makes traditional valuation metrics less meaningful.

Detailed Analysis:  
- The P/E ratio, which compares a company's stock price to its earnings per share (EPS), is a common metric for evaluating equity valuations. However, the latest financial data query returned no usable EPS figures for BTBT, suggesting either a lack of profitability or inconsistent earnings[^0^].  
- BTBT has been trading at a low price point (current price: $2.7355), and its recent performance shows a 52-week high of $5.74 and a low of $1.69[^0^]. This wide range indicates high volatility, which is typical for crypto-related equities.  
- Web search results confirm that analysts are tracking BTBT’s valuation metrics, including P/E and P/S ratios, but no concrete P/E figure has surfaced[^3^]. This absence could signal negative earnings, which would make the P/E ratio irrelevant or misleading.  
- Given BTBT’s exposure to Bitcoin mining and ETH staking, its financials are heavily influenced by crypto market cycles. If the company is currently unprofitable due to low BTC prices or high operational costs, the P/E ratio would either be negative or undefined.

If you're trying to assess BTBT as a play on the mining sector, you may need to look at alternative metrics like P/S ratio, enterprise value to hash rate, or compare it to peers like HIVE or Marathon Digital, where valuation metrics are more stable and available.

Question 3

Who are the founders of Bit Digital Inc?

Accepted Answer

Summary: The founders of Bit Digital Inc are not explicitly mentioned in the available data, but key executives include Samir Tabar, the Chief Executive Officer, and Erke Huang, the Chief Financial Officer[^1^].

Detailed Analysis: While the specific identities of the founders of Bit Digital Inc remain unclear from the available data, we can identify several key figures who play pivotal roles in the company's leadership and operations:

- **Samir Tabar** serves as the Chief Executive Officer (CEO) of Bit Digital Inc. He has been vocal about the company's strategic partnerships and growth, including a recent multi-year colocation agreement with a leading AI innovator in North America[^6^].
- **Erke Huang** is the Chief Financial Officer (CFO), Secretary, and Director of the company. His background includes roles at Guojin Capital and as a founder of Bitotem, adding depth to his financial expertise within Bit Digital Inc[^5^].

Additional leadership figures include Benjamin Lamson, who has held the position of CEO Emeritus at Bit Digital, Inc., and Cameron Schnier, who serves as the Investor Relations Contact[^4^].

While the exact founding story and the identities of the original founders are not detailed in the current data pool, the leadership team's experience and strategic direction are instrumental in guiding Bit Digital Inc's ventures in digital asset mining, cloud services, colocation services, and ETH staking.

For more detailed information on the company's leadership and operations, tracking key figures like Samir Tabar and Erke Huang on platforms like Edgen Radar could provide further insights into their strategic moves and the company's future directions.

Question 4

What is the price performance of BTBT stock?

Accepted Answer

Summary:  
BTBT stock currently trades at $2.7355, showing a 24.05% decline over the past year[^11^]. Despite mixed short-term volatility, analysts project a bullish outlook with an average price target of $5.92 and a high of $7.00[^13^].

Detailed Analysis:  
- **Price Performance**: Over the last 12 months, BTBT has declined by 24.05%[^11^], recently trading around $2.73–$3.06[^5^]. In the last month, it showed a slight uptick of +5.38% on August 20, 2025[^3^], though it remains volatile with a recent dip of 6.12%[^14^].  
- **Valuation Metrics**: The stock trades at a significant discount—51.5% below its projected future NAV per share of $42.37[^5^]. This deep discount suggests potential undervaluation, especially given its exposure to ETH staking and mining.  
- **Analyst Outlook**: Analysts are optimistic, setting an average 12-month price target of $5.92, with the highest at $7.00[^13^]. This implies a potential upside of over 100% from current levels.  
- **Business Fundamentals**: Bit Digital operates in high-margin sectors like ETH staking and AI-driven cloud services[^0^]. Its diversified revenue streams across mining, staking, and HPC services position it well for potential growth in both crypto and AI markets.  
- **Market Sentiment**: Recent options activity was mixed, with shares dipping to $2.75 amid moderate trading interest[^20^]. Still, the stock remains on the radar for traders eyeing crypto-related plays with exposure to institutional-grade staking infrastructure.

*Disclaimer: I'm not a financial advisor; investing's risky, so do your own digging and maybe talk to a pro.*

Question 5

What are the primary business themes or industries for Bit Digital Inc?

Accepted Answer

**Summary**  
Bit Digital Inc (BTBT) primarily operates in the digital asset mining, Ethereum staking, and high-performance computing (HPC) infrastructure industries. The company has recently shifted toward becoming a pure-play Ethereum treasury and staking platform, while also maintaining operations in Bitcoin mining and HPC services.

**Detailed Analysis**  
- **Digital Asset Mining**: Bit Digital has been actively involved in Bitcoin mining, designing and operating high-performance computing (HPC) data centers. This segment constitutes a significant portion of its revenue[^7^][^13^][^15^].  
- **Ethereum Staking**: The company has made a strategic pivot toward Ethereum-native treasury and staking strategies. As of July 2025, Bit Digital held approximately 120,306 ETH, signaling a strong commitment to this segment[^1^][^5^][^6^].  
- **High-Performance Computing (HPC) Infrastructure**: Bit Digital provides HPC data centers and cloud-based GPU services, catering to AI and machine learning developers. This includes colocation services, offering physical space, power, and cooling within its facilities[^0^][^14^][^18^].  
- **WhiteFiber IPO**: The company's HPC subsidiary, WhiteFiber, is preparing for an IPO, which could serve as a potential catalyst for Bit Digital's valuation and business diversification[^2^][^6^].  
- **Financial Performance**: In Q2 2025, Bit Digital reported a profit of $14.9 million, driven largely by gains in digital asset values and increased staking activities[^9^].