The stock of Bit Origin Ltd (NASDAQ: BTOG) has increased by 1.61 when compared to last closing price of 0.17. Despite this, the company has experienced a 3.91% gain in its stock price over the last five trading sessions. globenewswire.com reported 2025-05-16 that NEW YORK, May 16, 2025 (GLOBE NEWSWIRE) — Bit Origin Ltd (NASDAQ: BTOG) (“Bit Origin” or the “Company”), an emerging growth company engaged in the crypto mining business with diversified expansion strategies, today announced that a court hearing will be held at 10:00 a.m. on June 5, 2025, before the Grand Court of the Cayman Islands to consider the confirmation of its proposed share capital reduction.
Is It Worth Investing in Bit Origin Ltd (NASDAQ: BTOG) Right Now?
BTOG has 36-month beta value of 1.46.
The public float for BTOG is 7.77M, and currently, short sellers hold a 34.57% ratio of that float. The average trading volume of BTOG on June 25, 2025 was 21.23M shares.
BTOG’s Market Performance
The stock of Bit Origin Ltd (BTOG) has seen a 3.91% increase in the past week, with a -0.06% drop in the past month, and a -34.87% fall in the past quarter. The volatility ratio for the week is 4.34%, and the volatility levels for the past 30 days are at 4.72% for BTOG. The simple moving average for the past 20 days is 5.03% for BTOG’s stock, with a -81.10% simple moving average for the past 200 days.
BTOG Trading at 3.42% from the 50-Day Moving Average
After a stumble in the market that brought BTOG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -97.03% of loss for the given period.
Stock Fundamentals for BTOG
Current profitability levels for the company are sitting at:
- -9.25 for the present operating margin
- -0.33 for the gross margin
The net margin for Bit Origin Ltd stands at -11.64. The total capital return value is set at -6.5. Equity return is now at value -339.55, with -151.77 for asset returns.
Based on Bit Origin Ltd (BTOG), the company’s capital structure generated 1.25 points at debt to capital in total, while cash flow to debt ratio is standing at -0.99. The debt to equity ratio resting at -5.03. The interest coverage ratio of the stock is -28.26.
Currently, EBITDA for the company is -16.89 million with net debt to EBITDA at -1.26. When we switch over and look at the enterprise to sales, we see a ratio of 4.93. The receivables turnover for the company is 0.51for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.04.
Conclusion
To put it simply, Bit Origin Ltd (BTOG) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
