BTCS (NASDAQ:BTCS – Get Free Report) and Bit Digital (NASDAQ:BTBT – Get Free Report) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, risk, analyst recommendations, valuation, institutional ownership and profitability.
Institutional and Insider Ownership
3.5% of BTCS shares are owned by institutional investors. Comparatively, 47.7% of Bit Digital shares are owned by institutional investors. 40.2% of BTCS shares are owned by company insiders. Comparatively, 41.3% of Bit Digital shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Analyst Recommendations
This is a summary of recent ratings and target prices for BTCS and Bit Digital, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| BTCS | 0 | 0 | 1 | 0 | 3.00 |
| Bit Digital | 0 | 0 | 2 | 0 | 3.00 |
Valuation and Earnings
This table compares BTCS and Bit Digital’s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| BTCS | $1.34 million | 16.86 | $7.82 million | $0.56 | 2.57 |
| Bit Digital | $44.92 million | 3.74 | -$13.89 million | ($0.16) | -12.72 |
BTCS has higher earnings, but lower revenue than Bit Digital. Bit Digital is trading at a lower price-to-earnings ratio than BTCS, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares BTCS and Bit Digital’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| BTCS | 583.51% | -38.81% | -31.40% |
| Bit Digital | -30.93% | -6.20% | -5.04% |
Risk and Volatility
BTCS has a beta of 1.58, meaning that its stock price is 58% more volatile than the S&P 500. Comparatively, Bit Digital has a beta of 4.76, meaning that its stock price is 376% more volatile than the S&P 500.
Summary
Bit Digital beats BTCS on 8 of the 13 factors compared between the two stocks.
About BTCS
BTCS Inc. operates in blockchain technology sector the United States. Its blockchain-infrastructure secures and operates validator nodes on disruptive blockchain networks, as well as validates transactions for crypto holding delegations on dPoS blockchains. The company offers StakeSeeker, a cryptocurrency dashboard and staking-as-a-service platform that allows crypto asset holders to earn rewards by participating in network consensus mechanisms; and Builder+, a Ethereum block builder offered to maximize validator earnings by utilizing algorithms to construct optimized blocks for on-chain validation. In addition, it is involved in the development of ChainQ, an AI-powered blockchain data and analytics platform, which allows users to query real-time and historical on-chain blockchain data. The company was formerly known as Bitcoin Shop, Inc. and changed its name to BTCS Inc. in July 2015. BTCS Inc. was founded in 2014 and is based in Silver Spring, Maryland.
About Bit Digital
Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc. was founded in 2015 and is headquartered in New York, New York.
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