Critical Contrast: iShares Bitcoin Trust ETF (NASDAQ:IBIT) vs. Orion Digital (NASDAQ:ORIO)

iShares Bitcoin Trust ETF (NASDAQ:IBIT) and Orion Digital (NASDAQ:ORIO) are both finance companies, but which is the superior business? We will compare the two businesses based on the strength of their earnings, valuation, analyst recommendations, profitability, dividends, institutional ownership and risk.

Earnings and Valuation

This table compares iShares Bitcoin Trust ETF and Orion Digital”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
iShares Bitcoin Trust ETF	N/A	N/A	N/A	N/A	N/A
Orion Digital	$49.11 million	0.46	-$6.11 million	($0.08)	-11.68

iShares Bitcoin Trust ETF has higher earnings, but lower revenue than Orion Digital.

Risk and Volatility

iShares Bitcoin Trust ETF has a beta of 2.18, meaning that its share price is 118% more volatile than the S&P 500. Comparatively, Orion Digital has a beta of 2.48, meaning that its share price is 148% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings for iShares Bitcoin Trust ETF and Orion Digital, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
iShares Bitcoin Trust ETF	0	0	0	0	0.00
Orion Digital	1	1	0	0	1.50

Profitability

This table compares iShares Bitcoin Trust ETF and Orion Digital’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
iShares Bitcoin Trust ETF	N/A	N/A	N/A
Orion Digital	-3.57%	9.62%	4.09%

Insider and Institutional Ownership

14.8% of Orion Digital shares are owned by institutional investors. 12.3% of Orion Digital shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Orion Digital beats iShares Bitcoin Trust ETF on 7 of the 8 factors compared between the two stocks.

About iShares Bitcoin Trust ETF

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.

About Orion Digital

Mogo Inc. operates as a financial technology company in Canada and internationally. The company provides digital solutions to the consumers to get in control of their financial health. It offers Mogo app to access a digital spending account with Mogo Visa Platinum Prepaid Card; MogoCrypto that enables the buying and selling of bitcoin; MogoProtect, a free ID fraud protection and monthly credit score monitoring; MogoMortgage, a digital mortgage experience; and MogoMoney that provides access to personal loans. The company also offers Mogo Trade, a free stock trading platform with real-time stock quotes and funding; and Mogo Ventures to manage its existing investments in strategic partners and companies. In addition, it operates Carta, a digital payments software platform that enable financial technology companies, banks, and corporations to issue payment products to consumers via multiple channels, including physical, virtual, and tokenized cards, as well as payment switching and routing services. Mogo Inc. was founded in 2003 and is headquartered in Vancouver, Canada.