Bit Origin Ltd logo

Bit Origin Ltd

BTOG

NASDAQFinancial ServicesFinancial - Data & Stock Exchanges

Previous close

$3.73

+$0.1045 · +2.88%

Aug 21, 4:00 PM ET

Pre-market

$3.776

+$0.046 · +1.23%

Aug 24, 4:29 AM ET

BTOG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

43

Fair Value

Momentum

19

Strong Down

Sentiment

55

Mixed

Risk resilience

24

High Risk

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Company profile

Company website

Bit Origin Ltd (BTOG) specializes in digital asset mining. The company's core operations involve the deployment of cryptocurrency mining and associated blockchain technologies. Established in 2018 and headquartered in Singapore, the firm was formerly known as China Xiangtai Food Co., Ltd., officially rebranding to Bit Origin Ltd in April 2022.

Industry
Financial - Data & Stock Exchanges
Sector
Financial Services
Headquarters
SG
CEO
Jinghai Jiang
Listed since
Aug 15, 2019
Employees
5

Market position

Day range

Current $3.73

52-week range

Current $3.73

Open
$3.86
Previous close
$3.6255
Volume
1.74M
6.22× average
Average volume
279.34K
Average daily volume
Market cap
1.11M USD
Beta
1.91
Market reference 1
50-day average
$5.674
-34.26% below average
200-day average
$25.4004
-85.32% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.59M USD
P/E (TTM)
-0.04×
P/B (TTM)
-0.94×
P/S (TTM)
28.1×
EV / EBITDA
-1.2×
Earnings yield
-120.18%
Free cash flow yield
-62.75%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
0.00%
Operating margin
-5305.90%
Net margin
-25954.54%
Return on equity
-112.49%
Return on assets
-124.06%
Return on invested capital
-94.54%

Financial health

Debt / equity
-13.15×
Current ratio
9.5×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends2963%-2154%-7271%-12387%Gross margin, FY2022: -109.71%Gross margin, FY2023: -72.92%Gross margin, FY2024: -32.72%Operating margin, FY2022: -3149.59%Operating margin, FY2023: -452.07%Operating margin, FY2024: -513.62%Operating margin, FY2025: -7574.87%Net margin, FY2022: 1684.10%Net margin, FY2023: -450.66%Net margin, FY2024: -606.95%Net margin, FY2025: -11108.22%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2022 -109.71%. Gross margin FY2023 -72.92%. Gross margin FY2024 -32.72%. Operating margin FY2022 -3149.59%. Operating margin FY2023 -452.07%. Operating margin FY2024 -513.62%. Operating margin FY2025 -7574.87%. Net margin FY2022 1684.10%. Net margin FY2023 -450.66%. Net margin FY2024 -606.95%. Net margin FY2025 -11108.22%.

Income trends

Revenue

39.5K USD-98.63%

Operating income

−2.99M USD+79.83%

Net income

−4.39M USD+74.98%
Income trends across reported periods11.45M USD−9.3M USD−30.05M USD−50.8M USDRevenue, FY2022: 192.35K USDRevenue, FY2023: 6.26M USDRevenue, FY2024: 2.89M USDRevenue, FY2025: 39.5K USDOperating income, FY2021: −3.47M USDOperating income, FY2022: −6.06M USDOperating income, FY2023: −28.3M USDOperating income, FY2024: −14.84M USDOperating income, FY2025: −2.99M USDNet income, FY2021: −45.61M USDNet income, FY2022: 3.24M USDNet income, FY2023: −28.22M USDNet income, FY2024: −17.53M USDNet income, FY2025: −4.39M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2022 192.35K USD. Revenue FY2023 6.26M USD. Revenue FY2024 2.89M USD. Revenue FY2025 39.5K USD. Operating income FY2021 −3.47M USD. Operating income FY2022 −6.06M USD. Operating income FY2023 −28.3M USD. Operating income FY2024 −14.84M USD. Operating income FY2025 −2.99M USD. Net income FY2021 −45.61M USD. Net income FY2022 3.24M USD. Net income FY2023 −28.22M USD. Net income FY2024 −17.53M USD. Net income FY2025 −4.39M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue39.5K USD2.89M USD6.26M USD192.35K USD
Cost of goods sold3.83M USD10.83M USD403.38K USD
Gross profit−945.2K USD−4.57M USD−211.03K USD
Selling, general, and administrative3.03M USD3.89M USD2.98M USD5.85M USD3.47M USD
Operating expenses3.03M USD13.89M USD23.74M USD5.85M USD3.47M USD
Interest expense455.19K USD497.77K USD227.38K USD54.14K USD156.05K USD
Depreciation and amortization900.94K USD5.36M USD276.76K USD
Operating income−2.99M USD−14.84M USD−28.3M USD−6.06M USD−3.47M USD
Net income−4.39M USD−17.53M USD−28.22M USD3.24M USD−45.61M USD

Company facts updated Aug 24, 2026.

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