Bit Digital Tokenised Stock (xStock) PriceBTBTX

What is Bit Digital Tokenised Stock (xStock) (BTBTX)?

Bit Digital Tokenised Stock (xStock) (BTBTX) is a tokenized representation of Bit Digital, Inc. ordinary shares, which trade on the Nasdaq under the ticker BTBT. Bit Digital, Inc. is a publicly listed Strategic Asset Company operating at the intersection of two long-duration infrastructure systems: Ethereum as a programmable settlement layer and AI/HPC as a capacity-constrained compute market. The company began accumulating and staking ETH in 2022 and now operates one of the largest institutional Ethereum staking infrastructures globally. It also holds a majority equity stake of approximately 70% in WhiteFiber, Inc. (Nasdaq: WYFI), its AI/HPC infrastructure subsidiary. BTBTX allows holders to gain exposure to the underlying BTBT stock through a blockchain-based token format. The token has a total supply of 47.42 million and a fully diluted valuation of $67.84 million, with a market capitalization of $115.04K. Circulating supply figures differ across data sources, with 80.42K reported by MEXC tokenomics data and 26.4M reported per Binance data dated July 17, 2026. The token is listed on Binance and MEXC price pages.

Key Specifications & Tokenomics

• Name: Bit Digital Tokenised Stock (xStock)
• Ticker / Symbol: BTBTX (also referenced as BTBTx)
• CMC ID: 39697
• Underlying Asset: Bit Digital, Inc. Ordinary Shares (Nasdaq: BTBT)
• Nature: Tokenised stock (xStock)
• Underlying Company: Bit Digital, Inc.
• Underlying Company Ticker: BTBT (Nasdaq)
• Underlying Company Headquarters: New York, New York
• Underlying Company Founded: 2015
• Underlying Company Former Name: Golden Bull Limited (renamed Bit Digital, Inc. in September 2020)
• Underlying Company Sector: Financial Services
• Underlying Company Industry: Capital Markets
• Underlying Company Full-Time Employees: 104
• Underlying Company Fiscal Year Ends: December 31
• Market Cap: $115.04K
• Total Supply: 47.42M
• Circulating Supply: 80.42K (per MEXC tokenomics data)
• Circulating Supply: 26.4M (per Binance data, Jul 17, 2026)
• FDV (Fully Diluted Valuation): $67.84M
• Category: Tokenised Stock

Who created Bit Digital Tokenised Stock (xStock)?

BTBTX is a tokenized representation of Bit Digital, Inc., a company founded in 2015 and headquartered in New York, New York. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. The Chief Executive Officer is Sam Tabar (Samir Tabar). On August 31, 2026, Samir Tabar reported exercising 535,000 performance-based RSUs into 535,000 Ordinary Shares. The board includes Amanda Cassatt, Founder of Serotonin, described as a leading blockchain and crypto firm, and Brock J. Pierce, a Director who disclosed the purchase of 500,000 shares of Bit Digital at $2 per share, totaling approximately $1 million. The company operates through its subsidiaries and holds a majority equity stake in WhiteFiber, Inc. (Nasdaq: WYFI).

How does Bit Digital Tokenised Stock (xStock) work?

BTBTX functions as a tokenized xStock, representing Bit Digital, Inc. ordinary shares on-chain. Kraken offers tokenized xStocks for certain regions outside of the United States, allowing users in eligible jurisdictions to buy and sell tokenized representations of US-listed stocks and ETFs. The underlying company, Bit Digital, Inc., operates across three core verticals: a disciplined ETH accumulation program focused on long-term NAV per share growth, an AI/HPC infrastructure business through its subsidiary WhiteFiber, Inc. (Nasdaq: WYFI), and strategic acquisitions. Bit Digital's Ethereum strategy includes advanced validator operations, institutional-grade custody, active protocol governance, and yield optimization. The company holds over 160,000 ETH and a majority ownership stake in WhiteFiber. The NAV per share is $1.94, reflecting the market value of BTBT's ETH holdings and WYFI stake, net of convertible notes treated as debt. BTBT shares trade at a 25% discount to current NAV per share. The company has $150 million of 4.00% convertible notes due 2030, classified as debt.

What makes Bit Digital Tokenised Stock (xStock) unique and valuable?

Bit Digital positions itself around infrastructure scarcity of two long-duration systems: Ethereum as a programmable settlement layer network and AI/HPC as a capacity-constrained compute market. The company describes itself as "A Strategic Asset Company for Economic & Intelligence Infrastructure." Unlike companies with exposure to only digital assets or only AI, Bit Digital offers an operating model for strategic assets across both ETH staking and AI through WYFI ownership. Revenue is tied to infrastructure usage rather than asset price alone, and the balance sheet is designed for long-duration, compounding performance instead of cyclical behavior. The company operates one of the largest institutional Ethereum staking infrastructures globally and holds a majority stake of approximately 70% in WhiteFiber, providing strategic exposure to AI and HPC infrastructure growth. WhiteFiber has secured significant contracts and has an annualized revenue potential of $200.0M. The tokenized xStock format provides eligible non-US investors with blockchain-based access to the underlying equity. Bit Digital has 353 institutional owners and shareholders that have filed 13D/G or 13F forms with the SEC.

What is Bit Digital Tokenised Stock (xStock) used for?

BTBTX serves as a tokenized representation of Bit Digital, Inc. ordinary shares, providing a blockchain-based instrument for gaining exposure to the underlying company's equity. The underlying BTBT stock trades on the Nasdaq and is accessible through various stock trading platforms, while the tokenized xStock format is available through Kraken for certain regions outside of the United States. Bit Digital itself operates a business that generates revenue from digital asset mining, cloud services, colocation services, and ETH staking, with the majority of revenue generated from digital asset mining. The company's Ethereum treasury strategy involves accumulating and staking ETH to deliver exposure to secure, scalable, and compliant access to onchain yield. The AI/HPC segment through WhiteFiber provides cloud solutions for AI training and inference workloads and operates data centers that provide hosting and colocation services. BTBTX thus offers indirect exposure to a diversified digital infrastructure company spanning Ethereum staking, Bitcoin mining, and AI compute capacity.

How Is the Bit Digital Tokenised Stock (xStock) ecosystem developing?

Bit Digital has been actively expanding its Ethereum holdings and infrastructure. On July 18, 2025, the company announced it had purchased approximately 19,683 ETH using net proceeds from its offering, continuing expansion of Ethereum holdings to approximately 120,000 ETH. The company now holds over 160,000 ETH. WhiteFiber, Inc., the AI/HPC subsidiary in which Bit Digital holds approximately 70% ownership, has secured significant contracts expected to enhance revenue, with $200.0M annualized revenue potential referenced. The company announced pricing of a public offering of its ordinary shares at $2.00 per share. Bit Digital announced its First Quarter 2026 financial results on May 14, 2026, and scheduled a live earnings call for Second Quarter 2026 financial results on August 13, 2026. Q2 2026 revenue was $32.1 million, a 15% increase driven by strong cloud services growth, despite a net loss of $107.2 million. The company has $150 million of 4.00% convertible notes due 2030. The tokenized xStock format continues to be listed on Binance and MEXC price pages, and Kraken offers tokenized xStocks for certain regions outside of the US.

How to mine Bit Digital Tokenised Stock (xStock)?

BTBTX is a tokenized stock and cannot be mined. The underlying company, Bit Digital, Inc., is engaged in digital asset mining, Ethereum staking, and AI/HPC infrastructure. Bit Digital's mining platform operates with the primary intent of accumulating bitcoin, which may be sold for fiat currency from time to time depending on market conditions. The company began accumulating and staking ETH in 2022 and now operates one of the largest institutional Ethereum staking infrastructures globally. Its Ethereum platform includes advanced validator operations, institutional-grade custody, active protocol governance, and yield optimization. The company designs and operates data centers that provide hosting and colocation services, as well as cloud solutions for AI training and inference workloads. The company has four reportable segments: digital asset mining, cloud services, colocation services, and ETH staking. It generates the majority of its revenue from digital asset mining. BTBTX holders do not participate in mining or staking directly through the token.

How to keep your Bit Digital Tokenised Stock (xStock) safe?

Security of BTBTX tokens depends on the custody solution used to hold them. Since BTBTX is a tokenized xStock, holders should use reputable wallet providers that support the token standard and the blockchain network on which it is issued. For those holding the underlying BTBT stock through traditional brokerage accounts, standard account security practices apply, including strong unique passwords, two-factor authentication, and monitoring of account activity. Bit Digital's own Ethereum holdings include ETH held in externally managed accounts and LsETH pledged as collateral in connection with the WhiteFiber Delayed Draw Term Loan Facility as of July 31, 2026. The company provides investor resources including SEC filings, corporate governance information, and an investor presentation. The NAV calculator on the company homepage is for informational purposes only and is not investment advice or a solicitation to buy or sell securities. Nasdaq market prices underlying NAV calculations are based on third-party data with an approximately 15-minute time delay. Users should consult a qualified financial professional and review Bit Digital's most recent SEC filings, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, for risk disclosures.