As of July 13, 2026, Bit Digital, Inc. (BTBT) has a DilutionWatch DilutionScore of 62/100, rated HIGH dilution risk. Bit Digital, Inc. has a market capitalization of $705.36M, 349.19M shares outstanding, 10 institutional holders tracked. Key dilution vectors include approximately 3 months of cash runway.
Source: DilutionWatch (dilutionwatch.com) — data updated daily from SEC EDGAR filings. Not financial advice.
📊 Score Breakdown
🔄Convertible Debt—
🌦️ Dilution Forecast
⛈️
Warning
High probability of dilution event
50%
🔁 Convertible Conversion
60%
• Major convertible overhang: 47% potential dilution
• Convertible risk score very high (85/100)
🔄 Reverse Split
45%
• 50-day avg $1.64 approaching $1 threshold
• Only 3 months cash — financial pressure
💰 Capital Raise
35%
• Low cash runway: 3 months remaining
💹 Market Data
Market Cap$705.36M
Shares Outstanding349.19M
Float342.99M
Cash$79.53M
Debt$3.04M
Short InterestN/A
🏛 Institutional Holdings
10 institutional holders · 95.51M shares
#1
Blackrock Inc.
27.82M shares
#2
State Street Corporation
11.52M shares
#3
Invesco Ltd.
10.49M shares
📉 Short Interest
Short Interest52.77M
Days to Cover1.6
% of Float15.4%
FINRA data as of Jun 30, 2026
📁 Recent SEC Activity
xbrl
XBRL CONVERTIBLE
Mar 31, 2026
4
INSIDER TRANSACTION
Apr 03, 2026
13F-HR
BENEFICIAL OWNERSHIP
Mar 31, 2026
4
INSIDER TRANSACTION
Mar 27, 2026
4
INSIDER TRANSACTION
Mar 27, 2026
Full SEC filing analysis available with free account
→
📰 Recent News
No recent news
📋 What This Means for BTBT Shareholders
Bit Digital, Inc. (BTBT) has a DilutionScore of 62/100, placing it in the High dilution risk tier. This score reflects at least one active dilution mechanism — a shelf registration, ATM program, outstanding warrants, or limited cash runway — that could materially increase the share count over the next 12–18 months. Score as of July 13, 2026, updated from SEC EDGAR data.
Cash runway is a key watch item: BTBT has approximately 3 months of runway at current burn rate. Companies with less than 18 months of runway are statistically more likely to file new shelf registrations or ATM programs within the next two quarters. DilutionWatch monitors SEC 10-Q filings to update this estimate each quarter.
DilutionWatch tracks over 25 SEC filing types for BTBT in real-time, scanning EDGAR every 60 seconds. The DilutionWatch screener shows real-time score changes for BTBT alongside comparable high-risk stocks. Not financial advice — this analysis is for informational purposes only.
Track BTBT Dilution Risk in Real-Time
Get instant alerts when SEC filings impact dilution risk. Free tier available.
Start Tracking BTBT — Free
Real-time SEC alerts
DilutionScore™ tracking
No credit card required
🔬 More Research for BTBT
Part of the Guerilla Finance research network. Cross-reference multiple data sources for better due diligence.