Bitcoin Well (FRA:BH9) Moat Score: 1/10 (As of Jul. 12, 2026)


What is Bitcoin Well Moat Score?

Bitcoin Well FRA:BH9 +21.43% Moat Score is 1 as of Jul. 12, 2026. The stock has 4 warning signs investors should review. Among 839 Capital Markets companies, Bitcoin Well ranks better than 81.53% on this metric.

Bitcoin Well has the Moat Score of 1, which implies that the company might have No Moat - Very weak/transient advantages.

Bitcoin Well has No Moat: Bitcoin Well Inc operates in the highly competitive and volatile cryptocurrency sector with no significant market share, brand strength, or proprietary technology. It lacks durable competitive advantages and faces low barriers to entry.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Bitcoin Well might have No Moat - Very weak/transient advantages.

Bitcoin Well  (FRA:BH9) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Bitcoin Well Moat Score Related Terms

FRA:BH9 vs MS, GS, SCHW: Moat Score Comparison

For the Capital Markets subindustry, Bitcoin Well's Moat Score, along with its competitors' market caps and Moat Score 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.

Bitcoin Well Moat Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bitcoin Well's Moat Score distribution charts can be found below:

* The bar in red indicates where Bitcoin Well's Moat Score falls into.


Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 1 mean?
Bitcoin Well (FRA:BH9) has a Moat Score of 1 as of Jul. 12, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Bitcoin Well ranks #155 out of 839 companies in the Capital Markets industry, placing it in the top 18.5%.
Is Bitcoin Well's Moat Score too high?
Bitcoin Well's current Moat Score is 1. Based on the distribution chart, Bitcoin Well ranks #155 out of 839 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers.
How does Bitcoin Well's Moat Score compare to MS and GS?
According to the Capital Markets industry distribution chart, Bitcoin Well ranks #155 out of 839 companies for Moat Score. This places Bitcoin Well in the top 19% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Capital Markets company?
A good Moat Score depends on the Capital Markets industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Bitcoin Well's current Moat Score is 1. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitcoin Well stock overvalued right now?
Based on GuruFocus' analysis, Bitcoin Well (FRA:BH9) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.08, compared to a current price of €0.02 — trading 78.8% below its estimated fair value. The current Moat Score is 1. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Bitcoin Well (FRA:BH9), the current Moat Score is 1 as of Jul. 12, 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.

Bitcoin Well Business Description

Other Exchanges BCNWF:USABTCW:Canada
Address 10175 - 101 Street NW, Suite 1700, Enbridge Centre, Edmonton, AB, CAN, T5J 0H3
Bitcoin Well Inc offers ways to buy and sell bitcoin and other cryptocurrencies through a Bitcoin ATM network and suite of web-based transaction services. The company operates in three operating business segments: Bitcoin ATMs, Online Bitcoin Portal and Bitcoin Well Infinite. It derives maximum revenue from the Bitcoin ATM segment, which comprises sales and expenses related to the company's Bitcoin ATMs placed and operating throughout Canada. The Online Bitcoin Portal segment includes sales and expenses related to the company's online bitcoin platform. The Bitcoin Well Infinite segment includes sales and expenses related to large bitcoin transactions for high net worth individuals and businesses.