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NASDAQ: BTBT
Bit Digital (BTBT) stock, explained like you're 5
Bit Digital trades on the Nasdaq under the ticker BTBT. It is a small cap company in the consumer services industry, part of the financial services sector, with a market value of about 465 million dollars.
- Ticker
- BTBT
- Exchange
- Nasdaq
- Sector
- Financial Services
- Industry
- Consumer Services
- Size
- Small cap, about 465 million dollars
Is Bit Digital a small, medium or large cap company?
No. Bit Digital is a small cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 465 million dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Bit Digital makes money
- Interest earned on loans minus interest paid on deposits.
- Fees for payments, advice, trading and insurance.
- Investment returns on the money they manage.
What moves BTBT stock
- Interest rates and the health of the economy.
- How many borrowers fail to repay loans.
- Rules from regulators and market activity.
In the news lately
- Bit Digital, Inc. (BTBT) Suffers a Larger Drop Than the General Market: Key Insights (Yahoo Finance)
- Bit Digital, TeraWulf Land New ‘Buy’ Ratings As Firms Look Past Bitcoin Mining (Stocktwits)
- Bit Digital, Inc. (BTBT) Stock Slides as Market Rises: Facts to Know Before You Trade (Yahoo Finance)
- Bit Digital, Inc. (BTBT) Stock Declines While Market Improves: Some Information for Investors (Yahoo Finance)
- Bit Digital, Inc. (BTBT) Stock Drops Despite Market Gains: Important Facts to Note (Yahoo Finance)
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Questions about Bit Digital stock
What does Bit Digital do?
Bit Digital trades on the Nasdaq under the ticker BTBT. It is a small cap company in the consumer services industry, part of the financial services sector, with a market value of about 465 million dollars.
What is the ticker symbol for Bit Digital?
Bit Digital trades under the ticker BTBT on the Nasdaq.
What is Bit Digital's market cap?
Bit Digital is a small cap stock with a market cap of about 465 million dollars.
How does Bit Digital make money?
Interest earned on loans minus interest paid on deposits. Fees for payments, advice, trading and insurance. Investment returns on the money they manage.
What moves BTBT stock?
Interest rates and the health of the economy. How many borrowers fail to repay loans. Rules from regulators and market activity.
How can I follow BTBT stock every day?
Add BTBT to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.