BTCTNasdaqFinance ServicesFiscal year ends December 31
BTC Digital Ltd.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on May 11, 2026
$0.73−0.00 (-0.14%)
Close on Oct 19, 2026
- Market cap
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- P/E (TTM)
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- Dividend yield
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BTC Digital statistics
Financials through Dec 31, 2025, price as of Oct 19, 2026, median of Finance Services companies for comparison
Valuation
| Measure | BTC Digital | Industry median |
|---|---|---|
| Market Cap | $6.99M | $199.16M |
| Enterprise Value | $8.81M | $160.19M |
| PS Ratio | 0.50 | 2.66 |
| PB Ratio | 0.19 | 1.17 |
| P/TBV Ratio | 0.19 | 1.40 |
Enterprise value
| Measure | BTC Digital | Industry median |
|---|---|---|
| EV / Sales | 0.63 | 2.72 |
Income (trailing twelve months)
| Measure | BTC Digital | Industry median |
|---|---|---|
| Revenue | $14.04M | $61.19M |
| Gross Profit | -$3.16M | $1.92M |
| Operating Income | -$8.81M | -$13.20M |
| Pretax Income | -$9.06M | -$4.81M |
| Net Income | -$9.06M | -$5.16M |
| EBITDA | -$4.67M | -$9.49M |
| EPS (Diluted) | -$1.10 | -$0.03 |
Margins
| Measure | BTC Digital | Industry median |
|---|---|---|
| Gross Margin | -22.5% | 43.9% |
| Operating Margin | -62.7% | -125.1% |
| Pretax Margin | -64.5% | -25.1% |
| Profit Margin | -64.5% | -21.0% |
| EBITDA Margin | -33.2% | -67.0% |
| FCF Margin | -98.1% | -22.8% |
Returns
| Measure | BTC Digital | Industry median |
|---|---|---|
| Return on Equity (ROE) | -23.5% | -22.5% |
| Return on Assets (ROA) | -22.4% | -11.8% |
| Return on Invested Capital (ROIC) | -21.6% | -33.3% |
| Return on Capital Employed (ROCE) | -23.5% | -23.7% |
Growth
| Measure | BTC Digital | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 20.3% | 19.7% |
| Revenue Growth (3Y CAGR) | 5.87% | 5.53% |
| Revenue Growth (5Y CAGR) | -36.6% | 10.1% |
Balance sheet
| Measure | BTC Digital | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $350.00K | $20.81M |
| Total Debt | $2.17M | $52.25M |
| Net Cash (Debt) | -$1.82M | $7.60M |
| Net Cash Per Share | -$0.19 | $0.22 |
| Equity (Book Value) | $37.16M | $165.65M |
| Book Value Per Share | $3.90 | $3.80 |
| Tangible Book Value | $37.16M | $127.24M |
| Working Capital | $16.82M | $8.71M |
Financial position
| Measure | BTC Digital | Industry median |
|---|---|---|
| Current Ratio | 7.79 | 1.43 |
| Quick Ratio | 2.65 | 0.54 |
| Debt / Equity | 0.06 | 0.20 |
| Interest Coverage | -142.08 | -8.59 |
Cash flow (trailing twelve months)
| Measure | BTC Digital | Industry median |
|---|---|---|
| Operating Cash Flow | -$5.26M | -$5.36M |
| Capital Expenditures | -$8.52M | -$5.04M |
| Free Cash Flow | -$13.78M | -$15.68M |
| FCF Per Share | -$1.45 | -$0.26 |
Efficiency
| Measure | BTC Digital | Industry median |
|---|---|---|
| Asset Turnover | 0.35 | 0.16 |
| Revenue Per Employee | $540.04K | $705.30K |
| Profits Per Employee | -$348.50K | -$252.56K |
| Employee Count | 26 | 48 |
Dividends and yields
| Measure | BTC Digital | Industry median |
|---|---|---|
| Earnings Yield | -129.5% | -10.6% |
| FCF Yield | -197.0% | -13.8% |
Shares
| Measure | BTC Digital | Industry median |
|---|---|---|
| Shares Outstanding | 9,516,980 | 56,031,200 |
| Shares Change (YoY) | 172.0% | 12.9% |
| Float | 9,516,980 | 43,350,400 |
| Shares Held by Insiders | 0.00% | 18.5% |
Scores
| Measure | BTC Digital | Industry median |
|---|---|---|
| Altman Z-Score | -5.28 | 0.30 |
| Piotroski F-Score | 2 | 4 |
| Beneish M-Score | -4.02 | -2.99 |
Calculated by StockData from BTC Digital's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.