BTC Digital (BTCT) Price to Sales (2023 - 2024)
BTC Digital's (BTCT) quarterly Price to Sales came in at 3.49 in Q4 2024, down 54.22% on a YoY basis from 7.63 in Q1 2024, and up 105.98% quarter-over-quarter from 1.7 in Q3 2024.
BTC Digital (BTCT) Price to Sales (2023 - 2024) Analysis & Trends
BTC Digital (BTCT) has reported Price to Sales for 2 consecutive years, with 3.49 the latest figure, recorded in Q4 2024.
- For the quarter ending Q4 2024, Price to Sales fell 54.22% year-over-year to 3.49; the trailing twelve-month figure through Dec 2024 stood at 1.24 (up 55.92% YoY), and the FY2025 full-year result was 0.88, down 28.82% from the prior year.
- Price to Sales improved to 3.49 in Q4 2024 per BTCT's latest filing, from 1.7 in the prior quarter.
- Across five years, Price to Sales topped out at 7.71 in Q3 2023 and bottomed at 0.75 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.68 Bn | 56.34 Bn | 40.81 Mn |
| 2 | Iren | 35.52 Bn | 27.95 Bn | 103.89 Mn |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn |
| 10 | BTC Digital | 12.28 Mn | 8.53 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 3.49 |
| Sep 30, 2024 | 1.70 |
| Jun 30, 2024 | 2.40 |
| Mar 31, 2024 | 3.45 |
| Dec 31, 2023 | 7.63 |
| Sep 30, 2023 | 7.71 |
| Jun 30, 2023 | 0.75 |
| Mar 31, 2023 | 6.05 |
BTC Digital Price to Sales API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-sales&ticker=BTCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "ticker": "BTCT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-sales&ticker=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();