Bit Digital Valuation Multiples

Bit Digital Overview

About Bit Digital

Bit Digital Inc is engaged in the Bitcoin mining business, Ethereum staking activities and specialized cloud-infrastructure services for artificial intelligence applications through its wholly owned subsidiaries. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. The Company has four reportable segments: digital asset mining, cloud services, colocation services, and ETH Staking. It generates majority of its revenue from digital asset mining.

Founded

2017

HQ

Employees

54

Website

bit-digital.com

Sectors

Crypto MiningFinTech

Financials (LTM)

Revenue: $125M

EBITDA: ($360K)

EV

$533M

Valuation Multiples

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Bit Digital Financials

Bit Digital reported last 12-month revenue of $125M and negative EBITDA of ($360K).

In the same LTM period, Bit Digital generated $74M in gross profit, ($360K) in EBITDA losses, and had net loss of ($68M).

Bit Digital P&L

In the most recent fiscal year, Bit Digital reported revenue of $114M and EBITDA of ($17M).

Bit Digital expects next 12-month revenue of XXX and NTM EBITDA of XXX

Bit Digital Stock Performance

Bit Digital has current market cap of $513M, and enterprise value of $533M.

Bit Digital's stock price is $1.57.

Bit Digital Valuation Multiples

Bit Digital trades at 4.3x EV/Revenue multiple, and (1482.1x) EV/EBITDA.

Bit Digital Financial Valuation Multiples

As of April 20, 2026, Bit Digital has market cap of $513M and EV of $533M.

Equity research analysts estimate Bit Digital's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Bit Digital has a P/E ratio of (7.5x).

Bit Digital Margins & Growth Rates

Bit Digital's revenue in the last 12 month grew by 54%.

Bit Digital's revenue per employee in the last FY averaged $2.1M, while opex per employee averaged $2.2M for the same period.

Bit Digital's rule of 40 is 60% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Bit Digital's rule of X is 111% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Bit Digital Public Comps

See public comps and valuation multiples for other Crypto Mining comps.

Bit Digital M&A Activity

Bit Digital acquired XXX companies to date.

Last acquisition by Bit Digital was on XXXXXXXX, XXXXX. Bit Digital acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

Bit Digital Investment Activity

Bit Digital invested in XXX companies to date.

Bit Digital made its latest investment on XXXXXXXX, XXXXX. Bit Digital invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).