BTC Digital (NASDAQ:BTCT – Get Free Report) and Core Scientific (NASDAQ:CORZ – Get Free Report) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their risk, analyst recommendations, earnings, profitability, institutional ownership, dividends and valuation.
Profitability
This table compares BTC Digital and Core Scientific’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
BTC Digital | N/A | N/A | N/A |
Core Scientific | N/A | N/A | N/A |
Insider & Institutional Ownership
7.3% of BTC Digital shares are held by institutional investors. 0.6% of BTC Digital shares are held by company insiders. Comparatively, 32.0% of Core Scientific shares are held by company 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
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
BTC Digital | 0 | 0 | 0 | 0 | 0.00 |
Core Scientific | 0 | 0 | 15 | 1 | 3.06 |
Core Scientific has a consensus price target of $19.07, indicating a potential upside of 138.33%. Given Core Scientific’s stronger consensus rating and higher possible upside, analysts plainly believe Core Scientific is more favorable than BTC Digital.
Earnings and Valuation
This table compares BTC Digital and Core Scientific”s top-line revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
BTC Digital | $8.48 million | 1.53 | -$2.82 million | N/A | N/A |
Core Scientific | $510.67 million | 4.61 | -$1.62 billion | ($5.50) | -1.45 |
BTC Digital has higher earnings, but lower revenue than Core Scientific.
Risk and Volatility
BTC Digital has a beta of 2.73, suggesting that its stock price is 173% more volatile than the S&P 500. Comparatively, Core Scientific has a beta of 6.83, suggesting that its stock price is 583% more volatile than the S&P 500.
Summary
Core Scientific beats BTC Digital on 8 of the 10 factors compared between the two stocks.
About BTC Digital
BTC Digital Ltd. a crypto asset technology company engages in bitcoin mining business. It is also involved 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, China.
About Core Scientific
Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment. In addition, the company provides electrical power, repair, and other infrastructure services to operate, maintain, and earn digital assets; and sells mining equipment to customers. Core Scientific, Inc. was founded in 2017 and is headquartered in Dover, Delaware.
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