Bit Origin (NASDAQ:BTOG) versus Argo Blockchain (NASDAQ:ARBK) Head to Head Comparison

Bit Origin (NASDAQ:BTOG – Get Free Report) and Argo Blockchain (NASDAQ:ARBK – Get Free Report) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, institutional ownership, risk, dividends, analyst recommendations, profitability and earnings.

Profitability

This table compares Bit Origin and Argo Blockchain’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Bit Origin	N/A	N/A	N/A
Argo Blockchain	-54.06%	-4,172.69%	-35.97%

Analyst Ratings

This is a summary of current recommendations for Bit Origin and Argo Blockchain, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bit Origin	0	0	0	0	N/A
Argo Blockchain	0	2	1	0	2.33

Argo Blockchain has a consensus target price of $2.23, suggesting a potential upside of 26.89%. Given Argo Blockchain’s higher probable upside, analysts clearly believe Argo Blockchain is more favorable than Bit Origin.

Earnings and Valuation

This table compares Bit Origin and Argo Blockchain’s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bit Origin	$6.26 million	0.86	-$28.22 million	N/A	N/A
Argo Blockchain	$50.56 million	2.01	-$35.03 million	($0.47)	-3.74

Bit Origin has higher earnings, but lower revenue than Argo Blockchain.

Insider & Institutional Ownership

1.1% of Bit Origin shares are held by institutional investors. Comparatively, 2.4% of Argo Blockchain shares are held by institutional investors. 1.1% of Bit Origin shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Volatility & Risk

Bit Origin has a beta of 1.33, indicating that its share price is 33% more volatile than the S&P 500. Comparatively, Argo Blockchain has a beta of 1.9, indicating that its share price is 90% more volatile than the S&P 500.

Summary

Argo Blockchain beats Bit Origin on 6 of the 11 factors compared between the two stocks.

About Bit Origin

(Get Free Report)

Bit Origin Ltd, through its subsidiaries, engages in the cryptocurrency mining business in the United States. It is also involved in deploying blockchain technologies. The company was formerly known as China Xiangtai Food Co., Ltd. and changed its name to Bit Origin Ltd in April 2022. Bit Origin Ltd was incorporated in 2018 and is based in Singapore, Singapore.

About Argo Blockchain

(Get Free Report)

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is based in London, the United Kingdom.

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