BTBT Stock Analysis
BT
Uncovered
Bit Digital Inc is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
Bit Digital, Inc. operates as a bitcoin mining company. The company is headquartered in New York City, New York and currently employs 12 full-time employees. The company went IPO on 2018-03-20. The firm is engaged in the bitcoin mining business through its wholly owned subsidiaries in the United States and Canada. The firm's bitcoin mining operations is hosted by third party suppliers who uses specialized computers known as miners, to generate bitcoins, a digital asset. The firm's mining facilities and mining platform operate with an intent of accumulating bitcoin, which seeks to sell for fiat currency from time to time depending on market conditions. The firm has approximately 28,475 of bitcoin miners. The firm conduct its business through Bit Digital U.S.A. Inc., a Delaware corporation and its operating entity in the United States; Bit Digital Canada, Inc., its operating entity in Canada; Bit Digital Singapore Pte Ltd., a Singapore company; Bit Digital Hong Kong Limited and Bit Digital Strategies Limited, which is a Hong Kong companies.