Back to Analytics
Verified AssetID: BTBT
B

Bit Digital (BTBT) Bitcoin Treasury Analysis

BTBT Global Equity
+5.4% (24h)
Bitcoin Reserves
RANK #24
0 BTC
Valued at $0M
Ethereum Reserves
PEER RANK: #1
150,244 ETH
Valued at $282.657M
Strategy Intelligence
Strategy ConvictionHIGH ALPHA

Aggressive accumulation profile identified.

CS

Samir Tabar

CSO • Strategic Visionary

Investor Relations

Market Cap

$0.57B

Rank #10

mNAV Backing

0.30

Sats / Share

0

BTC / 1k Shrs

0.000000

Treasury Value

$282.657M

Equity Ratio

49.9%

Institutional Price Performance

Correlated share price movement vs Digital Reserves

1 Year

Synchronizing Nodes

Institutional Thesis

Strategic Positioning

Bit Digital (BTBT) has established itself as a significant participant in the institutional digital asset treasury landscape. By maintaining a balance sheet weighted toward Bitcoin, the company provides equity investors with a regulated vehicle to capture digital asset appreciation while benefiting from the legal and operational protections of a public corporate structure.

Treasury Thesis

"The primary investment thesis for BTBT is centered on its Multiple on Net Asset Value (mNAV). Currently trading at0.30xrelative to its holdings, the stock serves as a high-conviction proxy for the underlying cryptocurrency's performance."

Institutional Metrics

  • Exposure IndexStrategic Reserve Allocator
  • Yield PotentialSatoshi Accretion focus

Note: We are constantly updating our deep-dive analysis for all 35+ companies. Detailed bull/bear cases for BTBT are currently being finalized by the CryptosEyes Intelligence Desk.

MARKET INTELLIGENCE
Live Price$1.57
52W Low52W High
$1.18$4.55
On-Chain Verification

Public wallet indexing in progress

SOURCE: SEC FILINGS
PEER ANALYSIS
T
TSLA
11,509 BTC
0.00
Backing
C
CLSK
13,054 BTC
0.18
Backing
M
MSTR
672,497 BTC
1.08
Backing
Solvency Analysis
Treasury / Debt Coverage
76%
Effective Position
$-89.523M
Net Debt ($372M)Treasury ($ 283M)
Total Debt$455.74M
Cash on Hand$83.56M
Net Debt$372.18M

Sector Research

Valuing Digital Asset Equities

A comprehensive framework for analyzing Bitcoin-heavy balance sheets.

The Corporate Bitcoin Playbook

How public companies navigate the transition to a BTC treasury standard.

Strategic Deep Dives

Public Treasury Master List

See how BTBT compares to the other 50+ companies in our database.

Live mNAV Calculator

Run a custom valuation scenario for Bit Digital based on your own BTC price targets.

Important: Educational Purposes OnlyThe data, charts, treasury tracking metrics (including mNAV and SPS), and research provided on CryptosEyes.com are for informational and educational purposes only. They do not constitute certified financial, investment, or trading advice. Digital assets like Bitcoin and Ethereum are highly volatile. Always conduct your own research and consult with a registered financial advisor before making investment decisions.