Bit Digital Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Bit Digital Inc (BTBT) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Bit Digital Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 118M vs -M combined for tracked competitors (100.0% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+8.8% annualized vs trailing 12 months).
- Scale: Bit Digital Inc ranks #55 of 121 companies by market capitalization in the Miscellaneous Financial Services industry, holding 0.1% of industry market cap.
- Peer revenue share: Bit Digital Inc accounted for 100.0% of combined revenue among its tracked peer group, up from 100.0% a year earlier.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
BTBT Sales vs. its Competitors, Q2 2026
Bit Digital Inc generated 100.00 % of the combined sales of its peer group, up from 100.00 % a year earlier.
For context: the Miscellaneous Financial Services industry grew revenue 304.0% year over year, combined, vs 25.2% for Bit Digital Inc. Bit Digital Inc's share of combined industry revenue moved from 0.03% to 0.01%, a loss of 0.02 percentage points.
Bit Digital Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Bit Digital Inc | - | Yes | Yes | No |
| High-Confidence Competitors (26) | ||||
| Similar-Size Competitors (10) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
BTBT Stock Performance relative to its Competitors
BTBT Stock Performance relative to High-Confidence Competitors
BTBT Stock Performance relative to Similar-Size Competitors
Bit Digital Inc's Comment on Competition and Industry Peers
Bit Digital Inc's Competitors Named by the Company
Competitive relationships identified from Bit Digital Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Bitdeer | Company report | 85% |
| TeraWulf Inc. | Company report | 85% |
| Core Scientific Inc. | Company report | 85% |
| The9 Ltd | Company report | 85% |
| Chainalysis | Company report | 85% |
| Soluna Holdings Inc | Company report | 85% |
| Foundry | Company report | 85% |
| Stakefish | Company report | 85% |
| CoinTracker | Company report | 85% |
| Hyperscale Data Inc | Company report | 85% |
| Everstake | Company report | 85% |
| Allnodes | Company report | 85% |
| Elliptic | Company report | 85% |
| TZUP | Company report | 85% |
| Koinly | Company report | 85% |
| P2P | Company report | 85% |
| Blockdaemon | Company report | 85% |
| Stakin | Company report | 85% |
| Sharonai Holdings Inc | Company report | 85% |
| Figment | Company report | 85% |
| Rotki | Company report | 85% |
| CoinLedger | Company report | 85% |
| Datacentrex Inc | Company report | 85% |
| Equinix, Inc. | Company report | 85% |
| NTT | Company report | 85% |
| Lambda Labs | Company report | 85% |
| Coreweave | Company report | 85% |
| MFH | Company report | 85% |
| Digital Realty | Company report | 85% |
| NTT | Company report | 85% |
| Riot Platforms | Company report | 85% |
| Cipher Digital Inc | Company report | 85% |
| Crusoe Energy | Company report | 85% |
| Nebius | Company report | 85% |
| HashChain Technology, Inc. | Company report | 85% |
| Big Digital Energy Inc | Company report | 85% |
| Northern Data AG | Company report | 85% |
| Riot Blockchain, Inc. | Company report | 85% |
| Hut 8 Corp. | Company report | 85% |
| MGT Capital Investments, Inc. | Company report | 85% |
Company report basis, confidence, active dates and source counts for Bit Digital Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from Bit Digital Inc reports (named-competitor disclosures) and corroborating sources. Confidence reflects evidence strength.
Bit Digital Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Bit Digital Inc | Cloud services 60.04 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).