BTC Digital Ltd.(BTCT)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Not in ranked universe
Limited institutional coverage
Quality rankings require at least 50 unique 13-F institutional holders to ensure peer comparisons are meaningful. Only 9 institutional filers currently hold this stock.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
BTCT Stock Analysis & AI Quality Score
AI stock analysis and institutional research for BTC Digital Ltd. (BTCT), a Financials sector company. BTCT is not currently included in 13F Pro's AI-ranked quality universe — quality rankings require at least 50 unique 13-f institutional holders to ensure peer comparisons are meaningful. only 9 institutional filers currently hold this stock. Based on the latest XBRL financial filings (FY 2025), BTC Digital Ltd. reports quarterly revenue of $14.0M, net income of $-9.1M, an operating margin of -62.7%. Top institutional holders of BTCT by reported 13-F value include UBS Group AG, CITADEL ADVISORS, XTX Topco Ltd, based on the most recent SEC filings. BTCT trades on the Nasdaq exchange and files with the SEC under CIK 1796514. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BTCT daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for BTC Digital Ltd. directly from SEC EDGAR.
Revenue
FY 2025
$14.0M
Net Income
FY 2025
$-9.1M
Free Cash Flow
FY 2025
$-13.8M
Operating Margin
FY 2025
-62.7%
D/E Ratio
FY 2025
0.06
AI Insight: BTCT Financial Trends
BTC Digital operates near breakeven on minimal revenues, with debt virtually eliminated but persistent operating losses and sparse recent reporting limiting visibility.
• Revenue grew modestly from $2M in Q2 2024 to $4M in Q4 2024, but remained too small to cover operating costs.
• Total debt collapsed from $93M in Q2 2023 to effectively $0M by Q4 2024, a dramatic balance-sheet cleanup.
• Equity doubled from $20M in Q3 2024 to $40M in Q4 2024, though it slipped to $37M by Q4 2025.
⚠ No revenue, net income, or cash-flow data reported for Q2 2025 or Q4 2025 — operating performance is unverifiable.
⚠ Operating cash flow turned negative (-$2M) in Q4 2024 after a positive $3M in Q2 2024 — early cash burn signal.
⚠ Debt ticked back up to $2M in Q4 2025 after reaching zero — small but worth monitoring for a reversal trend.
AI Insight: BTCT Ratio Trends
BTCT's operating margin improved sharply from -40.3% in Q1 2024 to -10.6% in Q4 2024, with net profit margin turning positive for the first time at 0.4%.
• Operating margin improved consistently from -40.3% in Q1 2024 to -10.6% in Q4 2024, a 30pp recovery over four quarters.
• Net profit margin turned positive at 0.4% in Q4 2024, ending a streak of losses dating back to at least Q1 2024.
• D/E ratio collapsed from 5.07 in Q2 2023 to 0.01 by Q4 2024, indicating dramatically reduced leverage.
• ROIC remained negative at -4.3% in Q4 2024 despite margin improvement, signaling capital still not earning its cost.
⚠ Profitability data is absent for Q2 and Q4 2025 — trend sustainability beyond Q4 2024 cannot be confirmed.
⚠ D/E ticked back up to 0.06 in TTM 2025-12-31 from 0.01 in Q4 2024 — monitor for renewed leverage buildup.
⚠ ROIC has been negative every reported quarter; a sustained move into positive territory remains the key inflection to watch.
Get alerted when BTCT's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for BTC Digital Ltd. including:
Top Institutional Holders of BTCT
UBS Group AG
$266.1K237,546 shCITADEL ADVISORS LLC
$38.6K34,460 shXTX Topco Ltd
$20.2K18,015 shCITIGROUP INC
$18.7K16,659 shTWO SIGMA SECURITIES, LLC
$17.9K15,984 shSBI Securities Co., Ltd.
$10.1K9,040 shFarther Finance Advisors, LLC
$51.0042 shLegacy Wealth Managment, LLC/ID
$20.0017 shNORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
$10.009 sh
| Fund | Value | Shares |
|---|---|---|
| UBS Group AG | $266.1K | 237,546 |
| CITADEL ADVISORS LLC | $38.6K | 34,460 |
| XTX Topco Ltd | $20.2K | 18,015 |
| CITIGROUP INC | $18.7K | 16,659 |
| TWO SIGMA SECURITIES, LLC | $17.9K | 15,984 |
| SBI Securities Co., Ltd. | $10.1K | 9,040 |
| Farther Finance Advisors, LLC | $51.00 | 42 |
| Legacy Wealth Managment, LLC/ID | $20.00 | 17 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $10.00 | 9 |
More Financials Companies
View all Financials →Put BTCT on your watchlist
Track score changes the day BTC Digital Ltd. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is BTCT a good stock to buy?
13F Pro's AI-powered analysis of BTC Digital Ltd. (BTCT) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BTCT are available on the BTCT stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own BTCT?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BTCT. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of BTC Digital Ltd.'s investment landscape.