Bitcoin Depot (NASDAQ:BTM) and Bit Origin (NASDAQ:BTOG) Financial Contrast

Bitcoin Depot (NASDAQ:BTM) and Bit Origin (NASDAQ:BTOG) are both small-cap 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.

Risk and Volatility

Bitcoin Depot has a beta of -0.32, suggesting that its stock price is 132% less volatile than the S&P 500. Comparatively, Bit Origin has a beta of 1.41, suggesting that its stock price is 41% more volatile than the S&P 500.

Profitability

This table compares Bitcoin Depot and Bit Origin’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Bitcoin Depot	N/A	-645.75%	-18.88%
Bit Origin	N/A	N/A	N/A

Earnings and Valuation

This table compares Bitcoin Depot and Bit Origin’s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bitcoin Depot	$688.97 million	0.17	-$26.10 million	N/A	N/A
Bit Origin	$6.26 million	2.13	-$28.22 million	N/A	N/A

Bitcoin Depot has higher revenue and earnings than Bit Origin.

Analyst Ratings

This is a summary of current ratings and recommmendations for Bitcoin Depot and Bit Origin, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bitcoin Depot	0	1	3	0	2.75
Bit Origin	0	0	0	0	N/A

Bitcoin Depot presently has a consensus price target of $5.13, indicating a potential upside of 161.48%. Given Bitcoin Depot’s higher possible upside, equities analysts plainly believe Bitcoin Depot is more favorable than Bit Origin.

Insider & Institutional Ownership

9.2% of Bitcoin Depot shares are held by institutional investors. Comparatively, 1.1% of Bit Origin shares are held by institutional investors. 20.1% of Bitcoin Depot shares are held by company insiders. Comparatively, 1.1% of Bit Origin 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.

Summary

Bitcoin Depot beats Bit Origin on 6 of the 10 factors compared between the two stocks.

About Bitcoin Depot

Bitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. It provides users to buy and sell bitcoin, litecoin, and ethereum cryptocurrencies; and engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering and through its website over the counter trade. The company was founded in 2016 and is headquartered in Atlanta, Georgia. Bitcoin Depot Inc. is a subsidiary of BT Assets, Inc.

About Bit Origin

Bit Origin Ltd, through its subsidiaries, engages in the cryptocurrency mining business in the United States. It is also involved in deploying blockchain technologies. The company was formerly known as China Xiangtai Food Co., Ltd. and changed its name to Bit Origin Ltd in April 2022. Bit Origin Ltd was incorporated in 2018 and is based in Singapore, Singapore.