Bit Digital share price today

(BTBT)

Bit Digital share price is $3.35 & ₹284.67 as on 21 Dec 2024, 2.30 'hrs' IST

$3.35

▲

-0.04

(-1.18%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Bit Digital share price in Dollar and Rupees. Guide to invest in Bit Digital from India. Also see the sentimental analysis on Indian investors investing in Bit Digital. Get details on the Indian mutual funds that are investing in Bit Digital. Get Analyst recommendations and forecasts along with all the Bit Digital's financials.

Bit Digital share price movements

Today's Low: $3.30
Today's High: $3.50
$3.35
1.49%
Downside
Day's Volatility :5.71%
Upside
4.28%
52 Weeks Low: $1.76
52 Weeks High: $5.74
$3.35
47.46%
Downside
52 Weeks Volatility :69.34%
Upside
41.64%

Bit Digital Returns

Period	Bit Digital Inc	Sector (Technology)	Index (Russel 2000)
3 Months	-2.62%	6.0%	0.0%
6 Months	37.86%	3.3%	0.0%
1 Year	-20.24%	23.0%	0.0%
3 Years	-53.67%	39.0%	-19.7%

Bit Digital Key Statistics

in dollars & INR

Previous Close	$3.39
Open	$3.27
Today's High	$3.4998
Today's Low	$3.3
Market Capitalization	$520.4M
Today's Volume	$19.1M
52 Week High	$5.74
52 Week Low	$1.76
Revenue TTM	$86.9M
EBITDA	$8.3M
Earnings Per Share (EPS)	$-0.03
Profit Margin	33.3%
Quarterly Earnings Growth YOY	0.0%
Return On Equity TTM	14.95%

How to invest in Bit Digital from India?

It is very easy for Indian residents to invest directly in Bit Digital from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Bit Digital stock in both Indian Rupees (INR) and US Dollars (USD). Search for Bit Digital or BTBT on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Bit Digital or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Bit Digital shares which would translate to 0.254 fractional shares of Bit Digital as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India , including recognised companies like Bit Digital, in just a few clicks!

Returns in Bit Digital for Indian investors in Rupees

Investment Value

₹1,00,000

Bit Digital investment value today

Current value as on today

₹1,22,434

Returns

₹22,434

(+22.43%)

Returns from Bit Digital Stock

₹20,238 (false-20.24%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Bit Digital

26.6%

Period: Sep 22, 2024 to Dec 21, 2024. Change in 30 Days versus previous period

Investment in Bit Digital from India has grown in the last 30 days as on Dec 22, 2024. 26.6% more purchase transactions for Bit Digital in the last 30 days versus the previous period.

68%

Period: Sep 22, 2024 to Dec 21, 2024. Change in 30 Days versus previous period

Search volume for Bit Digital on INDmoney from India has grown in the last 30 days as on Dec 22, 2024. 68% more investors are searching Bit Digital in the last 30 days versus the previous period.

Global Institutional Holdings in Bit Digital

BlackRock Inc
7.21%
Amvescap Plc.
4.68%
State Street Corp
3.65%
Van Eck Associates Corporation
2.91%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
1.61%
Geode Capital Management, LLC
1.58%

Analyst Recommendation on Bit Digital

Buy

90%Buy

10%Hold

0%Sell

Based on 10 Wall street analysts offering stock ratings for Bit Digital(by analysts ranked 0 to 5 stars)

Based on 10 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Bit Digital

What analysts predicted

Upside of 82.84%

Current:

$3.35

Target:

$6.13

Insights on Bit Digital

Price Movement
In the last 7 days, BTBT stock has moved down by -18.3%
Decreasing Revenue
Revenue is down for the last 3 quarters, 30.28M → 22.70M (in $), with an average decrease of 13.0% per quarter
Decreasing Net Profit
Netprofit is down for the last 3 quarters, 50.08M → -38.79M (in $), with an average decrease of 174.2% per quarter
BTBT vs HOOD (1 yr)
In the last 1 year, Robinhood Markets, Inc. has given 197.4% return, outperforming this stock by 200.6%
BTBT vs IBKR (3 yr)
In the last 3 years, Interactive Brokers Group, Inc. has given 102.5% return, outperforming this stock by 153.7%
Price to Sales
ForBTBT every $1 of sales, investors are willing to pay $4.1, whereas for Robinhood Markets, Inc., the investors are paying $14.0 for every $1 of sales.

Bit Digital Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$7.9M	↑ 13.45%
Net Income	$-3.5M	↑ 254.84%
Net Profit Margin	-44.84%	↓ 30.5%

	FY19	Y/Y Change
Revenue	$4.6M	↓ 41.84%
Net Income	$-6.9M	↑ 96.14%
Net Profit Margin	-151.21%	↓ 106.37%

	FY20	Y/Y Change
Revenue	$21.1M	↑ 359.13%
Net Income	$-1.1M	↓ 84.08%
Net Profit Margin	-5.24%	↑ 145.97%

	FY21	Y/Y Change
Revenue	$96.1M	↑ 356.1%
Net Income	$4.9M	↓ 540.29%
Net Profit Margin	5.06%	↑ 10.3%

	FY22	Y/Y Change
Revenue	$32.3M	↓ 66.39%
Net Income	$-105.3M	↓ 2264.81%
Net Profit Margin	-326.03%	↓ 331.09%

	FY23	Y/Y Change
Revenue	$44.9M	↑ 39.07%
Net Income	$-13.9M	↓ 86.81%
Net Profit Margin	-30.93%	↑ 295.1%

	Q2 FY23	Q/Q Change
Revenue	$11.6M	↓ 14.25%
Net Income	$-7.2M	↑ 195.93%
Net Profit Margin	-62.13%	↓ 44.13%

	Q3 FY23	Q/Q Change
Revenue	$11.6M	↑ 0.0%
Net Income	$-7.2M	↑ 0.0%
Net Profit Margin	-62.13%	↑ 0.0%

	Q4 FY23	Q/Q Change
Revenue	$16.1M	↑ 38.87%
Net Income	$-2.0M	↓ 71.82%
Net Profit Margin	-12.61%	↑ 49.52%

	Q1 FY24	Q/Q Change
Revenue	$30.3M	↑ 88.66%
Net Income	$50.1M	↓ 2574.61%
Net Profit Margin	165.36%	↑ 177.97%

	Q2 FY24	Q/Q Change
Revenue	$29.0M	↓ 4.41%
Net Income	$-12.0M	↓ 123.87%
Net Profit Margin	-41.29%	↓ 206.65%

	Q3 FY24	Q/Q Change
Revenue	$22.7M	↓ 21.56%
Net Income	$-38.8M	↑ 224.56%
Net Profit Margin	-170.84%	↓ 129.55%

	FY18	Y/Y Change
Profit	$7.9M	↑ 20.23%

	FY19	Y/Y Change
Profit	$4.6M	↓ 41.84%

	FY20	Y/Y Change
Profit	$7.0M	↑ 51.71%

	FY21	Y/Y Change
Profit	$65.3M	↑ 838.71%

	FY22	Y/Y Change
Profit	$11.9M	↓ 81.75%

	FY23	Y/Y Change
Profit	$15.4M	↑ 28.83%

	Q2 FY23	Q/Q Change
Profit	$2.8M	↓ 64.65%

	Q3 FY23	Q/Q Change
Profit	$2.8M	↑ 0.0%

	Q4 FY23	Q/Q Change
Profit	$2.7M	↓ 2.63%

	Q1 FY24	Q/Q Change
Profit	$7.3M	↑ 170.64%

	Q2 FY24	Q/Q Change
Profit	$13.8M	↑ 89.4%

	Q3 FY24	Q/Q Change
Profit	$7.2M	↓ 47.52%

	FY18	Y/Y Change
Operating Cash Flow	$-5.1M	↑ 164.58%
Investing Cash Flow	$-3.3M	↓ 276.3%
Financing Cash Flow	$5.9M	↓ 1625.57%

	FY19	Y/Y Change
Operating Cash Flow	$-1.4M	↓ 73.19%
Investing Cash Flow	$1.4M	↓ 142.1%
Financing Cash Flow	$5.3M	↓ 11.59%

	FY20	Y/Y Change
Operating Cash Flow	$-3.4M	↑ 152.56%
Investing Cash Flow	$-2.0M	↓ 245.82%
Financing Cash Flow	$5.3M	↑ 0.0%

	FY21	Y/Y Change
Operating Cash Flow	$-23.3M	↑ 580.26%
Investing Cash Flow	$-40.9M	↑ 1899.96%
Financing Cash Flow	$106.2M	↑ 1920.68%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$-13.9M	↑ 840.06%
Investing Cash Flow	$-8.2M	↑ 0.0%
Financing Cash Flow	$16.3M	↓ 2132.61%

Bit Digital Technicals Summary

Sell

Neutral

Buy

Bit Digital is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Bit Digital Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Bit Digital Inc	-24.55%	37.86%	-20.24%	-53.67%	915.15%
Interactive Brokers Group, Inc.	-8.24%	45.32%	111.65%	119.9%	276.7%
Morgan Stanley	-8.56%	27.13%	32.96%	24.26%	143.52%
Robinhood Markets, Inc.	9.23%	79.36%	196.21%	102.8%	10.08%
Charles Schwab Corp., The	-8.03%	-0.3%	7.77%	-12.71%	52.56%
Goldman Sachs Group, Inc., The	-5.03%	22.51%	48.35%	47.02%	146.23%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Bit Digital Inc	19.14	NA	NA	-0.07	0.15	-0.04	NA	1.34
Interactive Brokers Group, Inc.	27.44	27.44	13.19	6.79	0.22	0.02	0.01	38.07
Morgan Stanley	18.31	18.31	3.49	7.34	0.11	0.01	0.03	58.25
Robinhood Markets, Inc.	63.69	63.69	NA	1.14	0.08	0.02	NA	8.16
Charles Schwab Corp., The	28.76	28.76	1.18	3.13	0.12	0.01	0.01	20.78
Goldman Sachs Group, Inc., The	16.58	16.58	3.73	36.74	0.1	0.01	0.02	327.61

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Bit Digital Inc	Buy	$520.4M	915.15%	19.14	33.3%
Interactive Brokers Group, Inc.	Buy	$74.3B	276.7%	27.44	14.12%
Morgan Stanley	Hold	$198.9B	143.52%	18.31	19.21%
Robinhood Markets, Inc.	Hold	$32.7B	10.08%	63.69	21.8%
Charles Schwab Corp., The	Buy	$134.8B	52.56%	28.76	27.47%
Goldman Sachs Group, Inc., The	Buy	$177.7B	146.23%	16.58	24.65%

About Bit Digital

bit combina estrategias de marketing digital con medios tradicionales, logrando que la inversión sea efectiva y duradera. innova en el desarrollo de productos como páginas web, aplicaciones móviles, gestión de redes sociales, asimismo como la construcción de una marca desde sus logos, papelería, brochures, diseño editorial, diseño de empaques, entre muchos otros servicios. bit cuenta con un grupo compuesto por profesionales en múltiples disciplinas de la comunicación, atento a nuevas experiencias que desarrollan su pensamiento estratégico y creativo.

Organization	Bit Digital
Employees	24
CEO	Mr. Samir Tabar
Industry	Finance

Management People of Bit Digital

Name	Title
Mr. Samir Tabar	Chief Executive Officer
Mr. Erke Huang	CFO & Director
Mr. Tom Sanfilippo	Chief Technology Officer
Mr. William Cameron Schnier C.F.A.	Head of Investor Relations
Mr. Jiashu Xiong	Executive Director
Ms. Luna Tan	Managing Director
Mr. Justin Zhu	Senior Vice President of Finance
Mr. Benjamin Lamson	Head of Revenue

Important FAQs about investing in Bit Digital from India :

What is Bit Digital share price today?

Bit Digital share price today stands at $3.35, Open: $3.27 ; Previous Close: $3.39 ; High: $3.50 ; Low: $3.30 ; 52 Week High: $5.74 ; 52 Week Low: $1.76. The stock opens at $3.27, after a previous close of $3.39. The stock reached a daily high of $3.50 and a low of $3.30, with a 52-week high of $5.74 and a 52-week low of $1.76.

Can Indians buy Bit Digital shares?

Yes, Indians can invest in the Bit Digital (BTBT) from India.

With INDmoney, you can buy Bit Digital at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Bit Digital at zero transaction cost.

How can I buy Bit Digital shares from India?

It is very easy to buy Bit Digital from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Bit Digital be purchased?

Yes, you can buy fractional shares of Bit Digital with INDmoney app.

What are the documents required to start investing in Bit Digital stocks?

To start investing in Bit Digital, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.