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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.
2017
54
LTM Revenue $125M
LTM EBITDA $70.8M
$263M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Bit Digital has a last 12-month revenue of $125M and a last 12-month EBITDA of $70.8M.
In the most recent fiscal year, Bit Digital achieved revenue of $164M and an EBITDA of $59.9M.
Bit Digital expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Bit Digital valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $44.9M | $164M | XXX | XXX | XXX |
| Gross Profit | $11.9M | $15.4M | XXX | XXX | XXX |
| Gross Margin | 27% | 9% | XXX | XXX | XXX |
| EBITDA | -$12.3M | $59.9M | XXX | XXX | XXX |
| EBITDA Margin | -27% | 37% | XXX | XXX | XXX |
| Net Profit | -$105M | -$13.9M | XXX | XXX | XXX |
| Net Margin | -234% | -8% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of April 15, 2025, Bit Digital's stock price is $2.
Bit Digital has current market cap of $338M, and EV of $263M.
See Bit Digital trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $263M | $338M | XXX | XXX | XXX | XXX | $0.10 |
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Sign UpAs of April 15, 2025, Bit Digital has market cap of $338M and EV of $263M.
Bit Digital's trades at 2.1x LTM EV/Revenue multiple, and 3.7x LTM EBITDA.
Analysts estimate Bit Digital's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Bit Digital and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $263M | XXX | XXX | XXX |
| EV/Revenue | 1.6x | XXX | XXX | XXX |
| EV/EBITDA | 4.4x | XXX | XXX | XXX |
| P/E | 11.9x | XXX | XXX | XXX |
| P/E/Growth | 0.6x | XXX | XXX | XXX |
| EV/FCF | -2.5x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpBit Digital's NTM/LTM revenue growth is 55%
Bit Digital's revenue per employee for the last fiscal year averaged $3.0M, while opex per employee averaged $1.4M for the same period.
Over next 12 months, Bit Digital's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Bit Digital's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Bit Digital and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 265% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 37% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -586% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 92% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $3.0M | XXX | XXX | XXX | XXX |
| Opex per Employee | $1.4M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 25% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 45% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Phoenix Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Jasmine Technology Solution | XXX | XXX | XXX | XXX | XXX | XXX |
| Advanced Blockchain | XXX | XXX | XXX | XXX | XXX | XXX |
| Bitcoin Group | XXX | XXX | XXX | XXX | XXX | XXX |
| AEE Gold | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Bit Digital acquired XXX companies to date.
Last acquisition by Bit Digital was XXXXXXXX, XXXXX XXXXX XXXXXX . Bit Digital acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Bit Digital founded? | Bit Digital was founded in 2017. |
| Where is Bit Digital headquartered? | Bit Digital is headquartered in United States of America. |
| How many employees does Bit Digital have? | As of today, Bit Digital has 54 employees. |
| Who is the CEO of Bit Digital? | Bit Digital's CEO is Mr. Samir Tabar. |
| Is Bit Digital publicy listed? | Yes, Bit Digital is a public company listed on NAS. |
| What is the stock symbol of Bit Digital? | Bit Digital trades under BTBT ticker. |
| When did Bit Digital go public? | Bit Digital went public in 2018. |
| Who are competitors of Bit Digital? | Similar companies to Bit Digital include e.g. Phoenix Group, Jasmine Technology Solution, Advanced Blockchain, Bitcoin Group. |
| What is the current market cap of Bit Digital? | Bit Digital's current market cap is $338M |
| What is the current revenue of Bit Digital? | Bit Digital's last 12-month revenue is $125M. |
| What is the current EBITDA of Bit Digital? | Bit Digital's last 12-month EBITDA is $70.8M. |
| What is the current EV/Revenue multiple of Bit Digital? | Current revenue multiple of Bit Digital is 2.1x. |
| What is the current EV/EBITDA multiple of Bit Digital? | Current EBITDA multiple of Bit Digital is 3.7x. |
| What is the current revenue growth of Bit Digital? | Bit Digital revenue growth between 2023 and 2024 was 265%. |
| Is Bit Digital profitable? | Yes, Bit Digital is EBITDA-positive (as of the last 12 months). |
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