BTOG (Bit Origin) 3-Year Share Buyback Ratio: -168.10% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BTOG Bit Origin Ltd BTOG
24 GF Score
Price $0.78
GF Value $0.10
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Bit Origin 3-Year Share Buyback Ratio?

Bit Origin BTOG -4.87% 24 3-Year Share Buyback Ratio is -168.10 as of Dec. 2025. GuruFocus rates BTOG with a GF Score™ of 24/100 and a GF Value™ of $0.10 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 435 Capital Markets companies, Bit Origin ranks worse than 96.32% on this metric.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Bit Origin's current 3-Year Share Buyback Ratio was -168.10%.

The historical rank and industry rank for Bit Origin's 3-Year Share Buyback Ratio or its related term are showing as below:

BTOG' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -168.1   Med: -57.7   Max: 0
Current: -168.1

During the past 10 years, Bit Origin's highest 3-Year Share Buyback Ratio was 0.00%. The lowest was -168.10%. And the median was -57.70%.

BTOG's 3-Year Share Buyback Ratio is ranked worse than
96.32% of 435 companies
in the Capital Markets industry
Industry Median: -2.9 vs BTOG: -168.10

Bit Origin (NAS:BTOG) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.


Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.


Bit Origin 3-Year Share Buyback Ratio Related Terms


BTOG vs MWAI, PWCM, IPST: 3-Year Share Buyback Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Bit Origin's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 Origin 3-Year Share Buyback Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bit Origin's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Bit Origin's 3-Year Share Buyback Ratio falls into.


BTOG
24GF Score
Bit Origin Ltd BTOG
3-Year Share Buyback Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bit Origin 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

What does a 3-Year Share Buyback Ratio of -168.10 mean?
Bit Origin (BTOG) has a 3-Year Share Buyback Ratio of -168.10 as of Dec. 2025. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Bit Origin and its competitors. According to the industry distribution chart, Bit Origin ranks #419 out of 435 companies in the Capital Markets industry, placing it in the top 96.3%.
Is Bit Origin's 3-Year Share Buyback Ratio too high?
Bit Origin's current 3-Year Share Buyback Ratio is -168.10. Based on the distribution chart, Bit Origin ranks #419 out of 435 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Bit Origin has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bit Origin's 3-Year Share Buyback Ratio compare to MWAI and PWCM?
According to the Capital Markets industry distribution chart, Bit Origin ranks #419 out of 435 companies for 3-Year Share Buyback Ratio. This places Bit Origin in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Capital Markets company?
A good 3-Year Share Buyback Ratio depends on the Capital Markets industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Bit Origin and its competitors. Bit Origin's current 3-Year Share Buyback Ratio is -168.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bit Origin stock overvalued right now?
Based on GuruFocus' analysis, Bit Origin (BTOG) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.10, compared to a current price of $0.78 — trading 680% above its estimated fair value. The current 3-Year Share Buyback Ratio is -168.10. Bit Origin's overall GF Score™ is 24/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Bit Origin (BTOG), the current 3-Year Share Buyback Ratio is -168.10 as of Dec. 2025. 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 Origin (BTOG) Overvalued in 2026?

Based on GuruFocus' analysis, Bit Origin stock appears to be overvalued. The current stock price of $0.78 is trading 680% above its estimated GF Value™ of $0.10. GuruFocus considers Bit Origin to be Significantly Overvalued.

Key valuation signals for BTOG:

  • 3-Year Share Buyback Ratio: -168.10
  • GF Value™: $0.10 vs. price of $0.78 (680% above fair value)
  • GF Score™: 24/100 with 7 warning signs

No single metric tells the full story. See the BTOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bit Origin Business Description

Address 160 Robinson Road, 12th Floor, SBF Center, Singapore, SGP, 068914
Bit Origin Ltd is seeking opportunities in deploying new technologies, crypto asset mining and blockchain technologies in Singapore. The company has focused on building the Bitcoin mining ecosystem through incubations, strategic investments, and acquisitions. It derives all of its revenue from Bitcoin mining.
24GF Score

Get the complete analysis for BTOG

3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.78
Price
$0.10
GF Value