BTOG

Company Overview — What Does BIT ORIGIN Ltd Do?

China Xiangtai Food Co., Ltd. engages in the wholesale and retail of feed raw material in China. It distributes feed raw materials consisting of soybean meal and soybean oil. The company sells its products to animal husbandry businesses, feed solution manufacturers, and trading companies. China Xiangtai Food Co., Ltd. was incorporated in 2018 and is headquartered in Chongqing, China. BIT ORIGIN Ltd (BTOG) is classified as a micro-cap stock in the Financials sector, specifically within the Banking industry. The company is led by CEO Lucas Wang and employs approximately 10 people. With a market capitalization of $3M, BTOG is one of the notable companies in the Financials sector.

BIT ORIGIN Ltd (BTOG) Stock Rating — Reduce (April 2026)

As of April 2026, BIT ORIGIN Ltd receives a Reduce rating with a composite score of 42.5/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.BTOG ranks #2,560 out of 4,446 stocks in our coverage universe. Within the Financials sector, BIT ORIGIN Ltd ranks #667 of 891 stocks, placing it in the lower half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

BTOG Stock Price and 52-Week Range

BIT ORIGIN Ltd (BTOG) currently trades at $2.42. The 52-week high for BTOG is $5.96, which means the stock is currently trading -59.4% from its annual peak. The 52-week low is $0.08, putting the stock 2847.6% above its annual trough. Recent trading volume was 0 shares, suggesting relatively thin trading activity.

Is BTOG Overvalued or Undervalued? — Valuation Analysis

BIT ORIGIN Ltd (BTOG) carries a value factor score of 6/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 0.89x, versus the sector average of 1.22x. The price-to-sales ratio is 22.06x, compared to 0.90x for the average Financials stock.

At current multiples, BIT ORIGIN Ltd trades at a premium to most Financials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

BIT ORIGIN Ltd Profitability — ROE, Margins, and Quality Score

BIT ORIGIN Ltd (BTOG) earns a quality factor score of 36/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -448.2%, compared to the Financials sector average of 8.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -494.3% versus the sector average of 1.2%.

On a margin basis, BIT ORIGIN Ltd reports gross margins of 100.0%. The operating margin is -7574.9% (sector: 21.8%). Net profit margin stands at -11064.4%, versus 17.7% for the average Financials stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

BTOG Debt, Balance Sheet, and Financial Health

BIT ORIGIN Ltd has a debt-to-equity ratio of 0.0%, compared to the Financials sector average of 121.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $0. Cash and equivalents stand at $55,639.

BTOG has a beta of -28.57, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for BIT ORIGIN Ltd is 27/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

BIT ORIGIN Ltd Revenue and Earnings History — Quarterly Trend

In TTM 2026, BIT ORIGIN Ltd reported revenue of $39,495 and earnings per share (EPS) of $-0.28. Net income for the quarter was $-4M. Gross margin was 100.0%. Operating income came in at $-3M.

In FY 2025, BIT ORIGIN Ltd reported revenue of $39,495 and earnings per share (EPS) of $-0.28. Net income for the quarter was $-4M. Gross margin was 100.0%. Revenue grew -98.6% year-over-year compared to FY 2024. Operating income came in at $-3M.

In FY 2024, BIT ORIGIN Ltd reported revenue of $3M and earnings per share (EPS) of $-3.34. Net income for the quarter was $-18M. Gross margin was -32.7%. Revenue grew -53.9% year-over-year compared to FY 2023. Operating income came in at $-15M.

In FY 2023, BIT ORIGIN Ltd reported revenue of $6M. Net income for the quarter was $-28M. Gross margin was -72.9%. Revenue grew 0.0% year-over-year compared to FY 2022. Operating income came in at $-28M.

Over the past 8 quarters, BIT ORIGIN Ltd has experienced revenue contraction from $99M to $39,495. Investors analyzing BTOG stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

BTOG Dividend Yield and Income Analysis

BIT ORIGIN Ltd (BTOG) does not currently pay a dividend. This is common among smaller companies in the Banking industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Financials dividend stocks may want to explore other Financials stocks or use the stock screener to filter by dividend yield.

BTOG Momentum and Technical Analysis Profile

BIT ORIGIN Ltd (BTOG) has a momentum factor score of 74/100, indicating strong price momentum with the stock outperforming the majority of the market over recent periods. Stocks with high momentum scores have historically tended to continue their outperformance in the near term. The investment factor score is 61/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 35/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

BTOG vs Competitors — Financials Sector Ranking and Peer Comparison

Within the Financials sector, BIT ORIGIN Ltd (BTOG) ranks #667 out of 891 stocks based on the Blank Capital composite score. This places BTOG in the lower half of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.

Comparing BTOG against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full BTOG vs S&P 500 (SPY) comparison to assess how BIT ORIGIN Ltd stacks up against the broader market across all factor dimensions.

BTOG Next Earnings Date

No upcoming earnings date has been announced for BIT ORIGIN Ltd (BTOG) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy BTOG? — Investment Thesis Summary

The quantitative profile for BIT ORIGIN Ltd suggests caution. The quality score of 36/100 flags below-average profitability. The value score of 6/100 indicates premium valuation. Price momentum is positive at 74/100, suggesting the trend favors buyers. High volatility (stability score 27/100) increases portfolio risk.

In summary, BIT ORIGIN Ltd (BTOG) earns a Reduce rating with a composite score of 42.5/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on BTOG stock.

Related Resources for BTOG Investors

Explore more research and tools: BTOG vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare BTOG head-to-head with peers: BTOG vs WTM, BTOG vs OPY, BTOG vs ACT.