Stock Ratings / Financials / BTCT / earnings

MDBH (38) ICMB (40) ALP (46) NCPL (61) ⌘ Pro Terminal →

BTC Digital Ltd. (BTCT) Next Earnings Date & Expected ±12.5% Move

$0.67 -5.30% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $0.66

BTC Digital Ltd. (BTCT) carries a Roarable Rating of E (Strong Sell) with 23/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record Warning: Scores below 50 (23/100 · E) historically underperformed SPY in 71% of rolling 90-day windows →

ROARABLE E • RED ALERT Cap $7.9M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on BTCT Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is BTCT stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

▼

As of 2026-11-03, BTC Digital Ltd. (NASDAQ: BTCT) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 23/100 at a spot price of $0.67 (-5.30% 1D, market cap $7.9M). Pillar breakdown: Fundamental Cash Engine 5/20, Institutional 13F & Options Flow 3/20, Executive Insider Alignment 5/20, FRED Macro Regime Fit 7/20, and SEC Balance-Sheet Forensics 3/20. Across 1096 tracked Financials issuers, BTCT ranks #1077 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does BTCT compare to MDBH and ICMB in the Financials sector?

▼

Within the Financials sector (Finance: Consumer Services), BTCT carries a Roarable E (23/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of -18.9%. By comparison, MDBH (MDB Capital Holdings LLC Class A common) holds a D- grade (38/100 RQD, P/E N/A, ROIC 8.2%, cap $9.2M) and ICMB (Investcorp Credit Management BDC Inc.) posts a D- grade (40/100 RQD, P/E N/A, ROIC -14.9%, cap $10.3M). Among the 5-stock peer group, BTCT leads on earnings multiple (N/A) while MDBH leads on capital efficiency (8.2% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for BTCT?

▼

Per BTCT's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001796514), BTC Digital Ltd. generated $14.0M in revenue (+20.3% YoY), -$9.1M in net income, and -$13.8M in free cash flow against $39.9M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Financials with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $0.66 (-1.14%)🧬 Dilution Drag (+1.28% YoY Shares)⚙️ Cash Engine: 5/20 (E) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (23/100 · E) historically underperformed SPY in 71% of rolling 90-day windows (-11.1% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERRED ALERT • E

3-of-3 JEV AI Jury Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw E · Rk E

Each axis scored 0–20

12M PRICE TARGET CONE-16.4% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for BTCT)Realized 20D OHLCV Swing Band: ±12.5%

Deterministic 5-Pillar Attribution (23/100 Composite)

🔍 WHY BTCT SCORES 23/100 (E) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Macro Regime Fit+7/20 pts (30% of score)

FRED Regime × Technicals: 10% of 52W Range • RSI-14 at 34.9 (NEUTRAL RANGE)

▲ #2 Bullish Driver: Cash Engine Quality+5/20 pts (22% of score)

SEC XBRL FY 2025 (10-K): 0% FCF Margin ($0 FCF) & 52% Gross Margin

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution4/20 pts (-16 pt drag)

Dilution Drag (+1.28% YoY Shares) & executive Form 4 sales trim 16 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade E$0.82-7.3% Next Q

Q2 (-2Q)

Grade E$0.76-2.6% Next Q

Q3 (-1Q)

Grade E$0.74-9.5% Next Q

Current

Grade E$0.67-11.1% Hist 90D α

Trajectory: E (31) → E (23)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a BTCT Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While BTCT currently carries a cautious 23/100 (E) rating due to Insider Conviction & Share Dilution (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Financials with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($1.19) and Max Pain ($0.70) forces dealer call-delta covering toward $2.89.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+1.28% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $BTCT• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “BTCT Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 23%NO 77%Trade / Inspect Odds →

NEXT EST. WINDOW: Dec 30, 2026 (~57 DAYS)

Historical OHLCV Volatility ±12.5% Swing Band

±$0.08 Expected Swing

MODEL EARNINGS SETUP GAUGE

BTCT Quantitative Pre-Earnings Setup: 23/100

Trailing EPS: $4.25 • YoY Revenue Growth: 20.3%

Model Bullish Setup (23/100)Model Risk Weight (77/100)

Derived deterministically from RQD cash-flow quality, SEC accrual safety, and institutional flow (not a community poll).

LOG YOUR PERSONAL PRE-EARNINGS STANCE (SAVED LOCALLY IN BROWSER):

Recent SEC Reported Revenue, Net Profit & Diluted EPS Cadence

Period	Filed	Revenue	Net Profit	Free Cash Flow	Gross Margin
FY 2025	2025-12-31	$14.0M	-$9.1M	-$13.8M	52%
FY 2024	2024-12-31	$11.7M	-$2.0M	-$1.2M	52%
FY 2023	2023-12-31	$9.1M	-$2.8M	$3.8M	52%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring BTCT)

✓Walkthrough of BTCT's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

BTCT // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -48.46%🛡️ HOLDING TREND SUPPORT

2026-11-03O $0.71H $0.71L $0.67C $0.67VOL 458.8K

RES: $3.70SUP: $0.67SMA50: $1.19SMA200: $1.13

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

BTCT Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 BTCT Butterfly Map → + Track BTCT →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

8.0%/yr Implied 5Y Growth

vs. +20.3% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on BTCT today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for BTCT. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for BTCT today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (BTCT)

Financials Rank #1077 of 1096 ⚔️ MDBH vs BTCT Full Matrix →

1. Head-to-Head Financials Peer Comparison (BTCT vs. MDBH, ICMB, ALP, NCPL)

Industry: Finance: Consumer Services (156 Tracked Issuers)

Across 1096 tracked Financials securities in the Roarable RQD universe, BTC Digital Ltd. (BTCT) ranks #1077 by composite RQD confidence (23/100, grade E) and #1077 by equity capitalization ($7.9M). Within this direct 5-issuer industry benchmark cohort, BTCT leads on earnings valuation at N/A trailing P/E, while MDBH leads on capital efficiency and profitability with 8.2% ROIC and — gross margin. NCPL currently holds the highest overall quantitative score in the immediate peer group at 61/100 (C-) compared with BTCT at 23/100 (E).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
BTCT ACTIVE BTC Digital Ltd.	E	23/100	—	—	-18.9%	-5.30%	$7.9M	Benchmark Subject
MDBH MDB Capital Holdings LLC Class A common	D-	38/100	—	—	8.2%	-6.08%	$9.2M	/mdbh-vs-btct →
ICMB Investcorp Credit Management BDC Inc.	D-	40/100	—	—	-14.9%	-4.73%	$10.3M	/icmb-vs-btct →
ALP Alpha Compute Corp	D	46/100	—	—	—	-0.61%	$5.1M	/alp-vs-btct →
NCPL Netcapital Inc.	C-	61/100	—	—	—	-10.67%	$12.7M	/ncpl-vs-btct →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001796514

In its most recent audited fiscal period (FY2025, filed 2025-12-31), BTC Digital Ltd. (BTCT) reported GAAP revenue of $14.0M (+20.3% vs. FY2024 revenue of $11.7M , and +54.8% cumulative change since FY2023) , GAAP net income of -$9.1M, operating cash flow of -$5.3M, and free cash flow of -$13.8M (-1060.7% YoY). On the balance sheet, BTCT closed FY2025 with $39.9M in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 3/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$14.0M	-$9.1M	-$5.3M	-$13.8M	$39.9M	—
FY2024 (FY)	2024-12-31	$11.7M	-$2.0M	$1.6M	-$1.2M	$41.1M	—
FY2023 (FY)	2023-12-31	$9.1M	-$2.8M	$3.8M	$3.8M	—	—

3. BTCT Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is BTCT stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does BTCT compare to MDBH and ICMB in the Financials sector?

What are the biggest fundamental strengths and SEC risk factors for BTCT?

Where is BTCT trading relative to its 50-day, 200-day, and 52-week technical levels?

BTCT last traded at $0.67 (-5.30% on volume of 458,787 shares), positioning the stock -43.70% below its 50-day simple moving average ($1.19) and -40.71% below its 200-day simple moving average ($1.13). Across its 52-week range of $0.43 to $2.75, BTCT sits at the 10.3% percentile with a 14-day RSI of 34.9 (NEUTRAL RANGE) and an implied next-earnings move of ±12.5% ($1.00 to $0.75).

BTCT Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

When is BTCT's next earnings date?

Based on SEC filing cadence, BTC Digital Ltd. (BTCT)'s next quarterly reporting window is estimated around Dec 30, 2026.

How much is BTCT stock expected to move on earnings?

Volatility modeling currently projects a ±12.5% event move for BTCT, spanning a range between $1 and $0.75.

Direct Sub-Reports: BTCT RQD Cockpit BTCT 12M Forecast BTCT Earnings & Move BTCT Dividends & DRIP BTCT Insiders & 13F BTCT Whale Options BTCT Profit Sankey BTCT News & Why

ROARABLE RATING BRIEF • RQD 23/100 (E) ✓ STAGE-C NUMBER FIREWALL VERIFIED

BTCT — BTC Digital Ltd.: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5

As of: 2026-11-02T15:52:17Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, BTCT scores 25 out of 100 with a letter grade of E, labeled "Roarable Strong Sell — Forensic Risk / Avoid." Across the five pillars, the Fundamental Cash Engine scores 5/20 (ROIC -18.9%; FCF yield 0%), indicating the business is not currently generating returns on invested capital or free cash flow. Whale 13F Flow scores 4/20 and Insider Conviction scores 3/20, the two lowest pillars after the forensic balance sheet, signaling weak institutional and insider confidence per the rating's own inputs. Macro Regime Fit scores 8/20 with a Beta of 1.0, meaning the rating sees limited tailwind from sector positioning. Forensic Balance Sheet scores 5/20 (Altman Z 2.5; Piotroski F 3/9; Debt/Equity 0.5), reflecting weak financial-health indicators. For a prospective investor, the practical implication is that the rating identifies more downside risk factors than upside drivers. Any upside case would need to rest on a turnaround in operating economics, which the current cash-flow and margin data do not yet show. The rating's own verdict is to avoid.

Financial Trend

Period	Revenue	Operating Income	Net Income	EPS	FCF	Cash	Debt
FY 2025	$14.0M	$-8.8M	$-9.1M	N/A	$-13.8M	$0.3M	N/A
FY 2024	$11.7M	$-2.7M	$-2.0M	N/A	$-1.2M	$14.9M	N/A
FY 2023	$9.1M	$-2.5M	$-2.8M	N/A	$3.8M	N/A	N/A

Per the SEC financials, revenue rose from $9.1M in FY 2023 to $14.0M in FY 2025, while operating losses widened to $-8.8M in FY 2025. Per the market data, operating margin and net margin are both -60%, gross margin is 0%, and ROIC is -18.9%. Per the Roarable RQD rating, the Altman Z-Score is 2.5, the Piotroski F-Score is 3/9, and Debt/Equity is 0.5. Reported cash fell from $14.9M in FY 2024 to $0.3M in FY 2025 alongside a FY 2025 free cash flow of $-13.8M.

Recent Catalysts & News Wire Analysis

Per the recent news feed, the most recent item is a Moomoo report flagged RED / RISK WATCH on BTCT's losses within ETH-holding company stocks. A MarketBeat piece (YELLOW / MARKET WIRE) lists BTCT among cryptocurrency stocks to watch. A GREEN / CATALYST item reports shares gaining 2.36% to $0.72 as buyers tested resistance, tied to thematic ETF flow. A TradingKey item (YELLOW / MARKET WIRE) covers high dividend yield stocks. A Simply Wall St analysis (YELLOW / MARKET WIRE) and a TipRanks report (YELLOW / MARKET WIRE) cover the company, the latter noting a board reshuffle that reinstates the founder as chairman. Per the Butterfly Supply-Chain Graph, the supply chain is NONE, with no butterfly links and no proprietary signals recorded.

Open Questions

What products or services generate the $14.0M of FY 2025 revenue, and what drove the increase in operating losses to $-8.8M?
How was the FY 2025 cash balance of $0.3M funded against a $-13.8M free cash flow, and what are the company's liquidity and debt obligations (debt is listed as N/A)?
What is the reason for the 60% operating and net margin losses, and is there a path to positive ROIC?
What are the terms and rationale behind the board reshuffle and founder reinstatement reported by TipRanks?
Who holds the shares, and why does the rating show institutional and insider flow as weak when holder data is absent?

BTCT Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for BTC Digital Ltd. (BTCT) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to BTCT Debate Forum (3) ↓

🔴 RISK WATCH Moomoo • 17h ago

Moomoo report covering BTC Digital Ltd. (BTCT) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE MarketBeat • 20h ago

Promising Cryptocurrency Stocks To Add to Your Watchlist - October 5th

MarketBeat report covering BTC Digital Ltd. (BTCT) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST https://www.dars.gov.et/ • 23h ago

BTC Digital Ltd. (BTCT) Edges Higher: Shares Gain 2.36% to $0.72 as Buyers Test Resistance - Thematic ETF Flow

https://www.dars.gov.et/ report covering BTC Digital Ltd. (BTCT) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TradingKey • 1d ago

High Dividend Yield Stocks for Income

TradingKey report covering BTC Digital Ltd. (BTCT) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Simply Wall St • 1d ago

SideChannel (OTCPK:SDCH) - Stock Analysis

Simply Wall St report covering BTC Digital Ltd. (BTCT) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TipRanks • 1d ago

BTC Digital Reshapes Board, Reinstates Founder as Chairman

TipRanks report covering BTC Digital Ltd. (BTCT) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Benzinga • 3d ago

Reported Earlier, Twenty One Completes Business Combination With Cantor Equity Partners And Lists On NYSE Under "XXI" With Over 43,500 Bitcoin

Read Full Source ↗

🟢 CATALYST Benzinga • 19d ago

Shares of crypto-linked companies are trading lower as Bitcoin prices decline following the latest inflation data. Stronger-than-expected inflation has fueled expectations for tighter Federal Reserve policy, while rising Treasury yields and a stronger dollar are dampening risk appetite and weighing on speculative assets.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

BTCT Bull vs. Bear Conversation Board — What's Your Call at $0.67?

🐂 33% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON BTCT 🐻 67% BEARISH CONVICTION

RO RoarDesk_Moderator Roarable Research Desk 🐻 BEARISH 🎯 Target: $0.62 (-12.7%)

📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is BTCT (E • RQD 25/100) a Buy at $0.71?

Welcome to the BTCT (BTC Digital Ltd.) Roar Pit. Current RQD Composite is 25/100 (Roarable Strong Sell — Forensic Risk / Avoid) in Finance: Consumer Services. Bulls point to operating leverage and sector positioning, while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

BE BearTrap_Alert Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $0.56 (-21.1%)

Spot @ $0.71

Pump the brakes on BTCT — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on BTCT, but look at what you are paying: current EV/EBITDA multiples with tightening sector spreads. Unless BTC Digital Ltd. expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

CA CashFlowKing Verified K Arena Trader 🐂 BULLISH 🎯 Target: $0.81 (+14.1%)

Spot @ $0.71

BTCT cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on BTCT, the market is fixating on short-term headline noise in Finance: Consumer Services and ignoring the balance sheet and cash flow trajectory. At $0.71 (52-wk range $0.43 - $2.75), any beat on forward guidance forces shorts and underweight funds to chase.