Bitdeer Technologies Group (NASDAQ:BTDR) and BTC Digital (NASDAQ:BTCT) Critical Review

Bitdeer Technologies Group (NASDAQ:BTDR) and BTC Digital (NASDAQ:BTCT) are both small-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, risk, dividends, institutional ownership, earnings, valuation and analyst recommendations.

Earnings & Valuation

This table compares Bitdeer Technologies Group and BTC Digital’s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bitdeer Technologies Group	$368.55 million	1.93	-$56.66 million	($0.42)	-15.12
BTC Digital	$11.83 million	0.47	-$2.82 million	N/A	N/A

BTC Digital has lower revenue, but higher earnings than Bitdeer Technologies Group.

Insider & Institutional Ownership

22.3% of Bitdeer Technologies Group shares are held by institutional investors. Comparatively, 7.3% of BTC Digital shares are held by institutional investors. 6.8% of BTC Digital shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Analyst Ratings

This is a breakdown of current ratings for Bitdeer Technologies Group and BTC Digital, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bitdeer Technologies Group	0	0	7	0	3.00
BTC Digital	0	0	0	0	N/A

Bitdeer Technologies Group currently has a consensus target price of $13.64, indicating a potential upside of 114.85%. Given Bitdeer Technologies Group’s higher probable upside, equities analysts plainly believe Bitdeer Technologies Group is more favorable than BTC Digital.

Risk and Volatility

Bitdeer Technologies Group has a beta of 1.7, indicating that its share price is 70% more volatile than the S&P 500. Comparatively, BTC Digital has a beta of -0.15, indicating that its share price is 115% less volatile than the S&P 500.

Profitability

This table compares Bitdeer Technologies Group and BTC Digital’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Bitdeer Technologies Group	-15.37%	-7.34%	-3.74%
BTC Digital	N/A	N/A	N/A

Summary

Bitdeer Technologies Group beats BTC Digital on 6 of the 11 factors compared between the two stocks.

About Bitdeer Technologies Group

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account. The company also operates mining datacenters to generate hash rate; handles various processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations; and sells mining machines. The company is headquartered in Singapore.

About BTC Digital

BTC Digital Ltd. engages in the cryptocurrency/bitcoin mining business. It also engages in mining machines resale and rental business. The company was formerly known as Meten Holding Group Ltd. and changed its name to BTC Digital Ltd. in August 2023. The company was founded in 2006 and is headquartered in Shenzhen, the People's Republic of China.