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Bit DigitalBTBT -5.26%66 Debt-to-Equity is 1.15 as of Jun. 2026, which is 2775% above its 10-year median of 0.04. GuruFocus rates BTBT with a GF Score™ of 66/100 and a GF Value™ of $1.65 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 609 Capital Markets companies, Bit Digital ranks worse than 73.4% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Bit Digital's Debt-to-Equity or its related term are showing as below:
BTBT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 1.15
Current: 1.15
During the past 11 years, the highest Debt-to-Equity Ratio of Bit Digital was 1.15. The lowest was 0.02. And the median was 0.04.
BTBT's Debt-to-Equity is ranked worse than 73.4% of 609
companies
in the Capital Markets industry
Industry Median: 0.32
vs BTBT: 1.15
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Bit Digital Debt-to-Equity Related Terms
Bit Digital Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Bit Digital's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BTBT vs ABTC, GEMI, AXG: Debt-to-Equity Comparison
For the Capital Markets subindustry, Bit Digital's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bit Digital Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bit Digital's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Bit Digital's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bit Digital (BTBT) has a Debt-to-Equity of 1.15 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bit Digital and its competitors. This is 2775% above median its historical median of 0.04. Over the past decade, Bit Digital's Debt-to-Equity has ranged from 0.02 to 1.15. According to the industry distribution chart, Bit Digital ranks #447 out of 609 companies in the Capital Markets industry, placing it in the top 73.4%.
Is Bit Digital's Debt-to-Equity too high?
Bit Digital's current Debt-to-Equity of 1.15 is 2775% above median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 1.15. The Capital Markets industry median Debt-to-Equity is 0.32. Bit Digital's value of 1.15 is 259.4% above this industry median. Based on the distribution chart, Bit Digital ranks #447 out of 609 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Bit Digital has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bit Digital's Debt-to-Equity compare to ABTC and GEMI?
According to the Capital Markets industry distribution chart, Bit Digital ranks #447 out of 609 companies for Debt-to-Equity. This places Bit Digital in the lower half of its industry. The industry median Debt-to-Equity is 0.32. Bit Digital's value of 1.15 is 259.4% above this benchmark. Historically, Bit Digital's own Debt-to-Equity has ranged from 0.02 to 1.15 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 0.32, Bit Digital has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.32, based on 609 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bit Digital's current Debt-to-Equity of 1.15 is 259.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bit Digital and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bit Digital's current Debt-to-Equity is 1.15, which is 2775% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bit Digital stock overvalued right now?
Based on GuruFocus' analysis, Bit Digital (BTBT) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.65, compared to a current price of $1.35 — trading 18.2% below its estimated fair value. The current Debt-to-Equity is 1.15, which is 2775% above median its 10-year median of 0.04 and 259.4% above the Capital Markets industry median of 0.32. Bit Digital's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Bit Digital (BTBT), the current Debt-to-Equity is 1.15 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bit Digital (BTBT) Overvalued in 2026?
Based on GuruFocus' analysis, Bit Digital stock appears to be undervalued.
The current stock price of $1.35 is trading 18.2% below its estimated GF Value™ of $1.65.
GuruFocus considers Bit Digital to be Modestly Undervalued.
Key valuation signals for BTBT:
Debt-to-Equity: 1.15 (2775% above median its 10-year median of 0.04)
GF Value™: $1.65 vs. price of $1.35 (18.2% below fair value)
Industry Position: 259.4% above the Capital Markets median (#447 of 609)
No single metric tells the full story. See the BTBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bit Digital Inc is engaged in the Bitcoin mining business, Ethereum staking activities and specialized cloud-infrastructure services for artificial intelligence applications through its wholly owned subsidiaries. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. The Company has four reportable segments: digital asset mining, cloud services, colocation services, and ETH Staking. It generates majority of its revenue from digital asset mining.
66GF Score
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