Bit Origin Ltd

Bit Origin Ltd Stock Forecast & Price Prediction

Live Bit Origin Ltd Stock (BTOG) Price
$1.07

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$1.07

P/E Ratio

-0.13

Volume Traded Today

$108,400

Dividend

Dividends not available for BTOG

52 Week High/low

9.71/1.04

Bit Origin Ltd Market Cap

$15.2M

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BTOG Summary

From what 0 stock analysts predict, the share price for Bit Origin Ltd (BTOG) might decrease by 100% in the next year. This is based on a 12-month average estimation for BTOG. Price targets go from $ to $. The majority of stock analysts believe BTOG is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

BTOG Analyst Ratings

Bit Origin Ltd has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Bit Origin Ltd will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

BTOG stock forecast by analyst

These are the latest 20 analyst ratings of BTOG.

Analyst/Firm

Rating

Price Target

Change

Date

Data Not Found!

BTOG Company Information

What They Do: Engages in cryptocurrency mining and blockchain technologies.

Business Model: The company operates in the cryptocurrency mining sector, generating revenue by mining various cryptocurrencies. It leverages its subsidiaries to enhance its mining capabilities and expand its market presence in the United States.

Other Information: Originally founded as China Xiangtai Food Co., Ltd., the company rebranded in April 2022. It is incorporated in Singapore, reflecting its international operational strategy.
BTOG
Bit Origin Ltd (BTOG)

When did it IPO

2019

Staff Count

9

Country

Singapore

Sector/Industry

Financial Services/Capital Markets

CEO

Mr. Lucas Wang

Market Cap

$15.2M

Bit Origin Ltd (BTOG) Financial Data

In 2023, BTOG generated $6.3M in revenue, which was a increase of 3,155.03% from the previous year. This can be seen as a signal that BTOG's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$0

Revenue From 2021

$0

0.00 %
From Previous Year

Revenue From 2022

$192,351

0.00 %
From Previous Year

Revenue From 2023

$6.3M

3,155.03 %
From Previous Year
  • Revenue TTM $7.1M
  • Operating Margin TTM -233.8%
  • Gross profit TTM $-4,565,529
  • Return on assets TTM -34.7%
  • Return on equity TTM -146.4%
  • Profit Margin -72.9%
  • Book Value Per Share 1.60%
  • Market capitalisation $15.2M
  • Revenue for 2021 $0
  • Revenue for 2022 $192,351
  • Revenue for 2023 $6.3M
  • EPS this year (TTM) $-9.28

Bit Origin Ltd (BTOG) Latest News

News Image

Wed, 26 Jun 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Bit Origin Ltd (NASDAQ: BTOG) updates on its partnerships with Aethir, a leading GPU cloud provider, as part of its crypto mining business expansion strategies.

Why It Matters - Bit Origin's collaboration with Aethir indicates potential growth in its crypto mining operations, enhancing its competitive edge and possibly boosting future revenue, attracting investor interest.

News Image

Fri, 07 Jun 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Bit Origin Ltd (NASDAQ: BTOG) has signed a strategic agreement to act as a sales representative for Aethir, a leading provider of enterprise-focused GPU cloud services.

Why It Matters - Bit Origin's partnership with Aethir enhances its market position in crypto mining and diversifies revenue streams, potentially boosting investor confidence and stock value.

News Image

Thu, 04 Apr 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Bit Origin Ltd (NASDAQ: BTOG) is exploring the integration of Artificial Intelligence in its crypto mining operations as part of its growth and expansion strategies.

Why It Matters - Bit Origin's exploration of AI in crypto mining could enhance efficiency and profitability, potentially boosting investor confidence and impacting stock performance.

News Image

Fri, 23 Feb 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Bit Origin Ltd (NASDAQ: BTOG) has formed a Strategic Alliance with Mner.Club to collaborate on crypto mining machine deployment and provide consulting and hosting services.

Why It Matters - Bit Origin's strategic alliance with Mner.Club enhances its operational capabilities in crypto mining, potentially increasing revenue and market share, making it a key development for investors tracking growth in the sector.

News Image

Mon, 11 Dec 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Bit Origin Ltd (NASDAQ: BTOG) has secured a securities purchase agreement for up to $24.74 million in convertible notes and warrants from ATW Digital Asset Opportunities LLC, funding a new 25MW crypto mining center in Wyoming, expected to generate revenue by mid-2024.

Why It Matters - Bit Origin's $24.74 million funding for a new 25MW mining facility signals growth potential and future revenue, impacting its valuation and attractiveness to investors in the crypto sector.

News Image

Wed, 22 Nov 2023

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Bit Origin Ltd (NASDAQ: BTOG) updated investors on its financing and business plan, focusing on its growth strategies in the crypto mining sector as of November 22, 2023.

Why It Matters - Bit Origin's financing and business plan update signals potential growth and strategic shifts in the crypto mining sector, impacting investor sentiment and stock performance.

...

BTOG Frequently asked questions

The highest forecasted price for BTOG is $ from at .

The lowest forecasted price for BTOG is $ from from

The BTOG analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.