Is Bit Digital Inc (BTBT) overvalued? · rev $108.1M
Bit Digital Inc (BTBT) is a capital markets company listed on US.
This page asks whether Bit Digital Inc (BTBT) looks expensive on cached numbers — not a short thesis.
Latest reported BTBT revenue for 2024-12-31 was $108.1M. Net income was $28.3M. Revenue was up 140.6% from 2023-12-31 to 2024-12-31. BTBT currently screens at market cap $572.7M.
BTBT currently screens at market cap $572.7M. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next BTBT 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the BTBT stock page for the full model, not this heading.
Not investment advice.