BTCT
BTC Digital Ltd.
$1.06
▲ +55.88%$1.06▼ -66.03%
over 1Y
L $0.68H $4.25
Today+55.9%
1W-7.0%
1M-7.8%
3M-11.7%
YTD-35.0%
1Y-66.0%
Hold
Conviction
Horizon
Medium (3–12mo)
Street · 7 analysts
Buy
Revenue grew 20.3% YoY; but unprofitable (net margin -64.5%).
Revenue (FY2025) $14.0M · FY2025
BTC Digital Ltd. shows $14.0M in FY2025 revenue (+20.3% YoY), a -64.5% net margin, and -24.4% ROE.
Supporting the case: revenue grew 20.3% YoY; conservative balance sheet (liabilities/equity 0.07x).
Is BTCT a buy? The one-page verdict, explained →
The options angle
model · matches our verdictCovered call~60d expiry
- Long 100 shares @ ~1.06
- Short call 1 @ ~0.36 est
debit $70max +$30max −$69BE 0.70
HOLD means own it, don't chase it — harvesting premium against the position matches the verdict.
Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $114M | $11.8M | $9.07M | $11.7M | $14.0M |
| Gross profit | $38.5M | $1.77M | -$1.14M | $115K | -$3.16M |
| Operating income | — | $1.05M | -$2.48M | -$2.68M | -$8.81M |
| Net income | -$60.6M | $7.69M | -$2.82M | -$1.99M | -$9.06M |
| Diluted EPS | -$5.01 | — | -$1.89 | -$0.66 | -$1.10 |
| Net margin | -53.0% | 65.0% | -31.1% | -17.0% | -64.5% |
10-year statements — income, cash flow, balance sheet & CSV export →
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$105M
EV / EBITDA—
EV / Sales7.5
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-89.8%
FCF yield-136.6%
Quality & risk
ROIC (est.)-5.3%
Free cash flow-$13.8M
Total debt$94.9M
Net cash-$94.6M
Altman Z-Score-4.61 distress
Piotroski F-Score2/8
Capital returns
Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY+47.9%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
- DEF 14A Proxy statement2025-06-27
- 8-K Reg FD disclosure2024-12-12
- 8-K Material agreement2024-12-09
- S-3 Shelf registration (potential raise)2024-11-20
- 8-K Unregistered share sales2024-11-15
- 10-Q Quarterly report2024-11-14
- 8-K Material agreement2024-09-11
- 8-K Shareholder vote2024-08-19
- 10-Q Quarterly report2024-08-14
Recent filings
all on EDGAR ↗SCHEDULE 13GFiling2026-07-02open ↗6-KPeriod ending 2026-05-282026-05-28open ↗20-FPeriod ending 2025-12-312026-05-11open ↗NT 20-FPeriod ending 2025-12-312026-04-30open ↗6-KPeriod ending 2026-04-272026-04-27open ↗S-8Filing2026-04-17open ↗S-8Filing2026-04-02open ↗6-KPeriod ending 2025-12-192025-12-19open ↗6-KPeriod ending 2025-06-302025-11-12open ↗SCHEDULE 13G/AFiling2025-11-07open ↗6-KPeriod ending 2025-10-172025-10-17open ↗6-KPeriod ending 2025-09-182025-09-18open ↗
Frequently asked
- Is BTC Digital Ltd. (BTCT) a buy?
- BTCT currently carries a Hold rating with 2/5 conviction, derived from its latest SEC filings. Revenue grew 20.3% YoY; but unprofitable (net margin -64.5%).
- What is BTC Digital Ltd.'s quality score?
- BTCT scores 60.25000000000001/100 (grade C+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001796514, latest 10-Q filed 2024-11-14) · EODHD · as of 7/5/2026, 7:06:08 AM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
Rule-based analysis, generated automatically from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jul 5, 2026, 3:06 AM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.