APLD vs BTBT

For growth investors, Bit Digital, Inc.

(BTBT) is the stronger pick with 264. 6% revenue growth year-over-year, versus 57. 7% for Applied Digital Corporation (APLD). Bit Digital, Inc. (BTBT) offers the better valuation at 9. 7x trailing P/E, making it the more compelling value choice. Analysts rate Applied Digital Corporation (APLD) a "Buy" — based on 13 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

Over the past 5 years, Applied Digital Corporation (APLD) delivered a total return of +811.

3%, compared to -83. 4% for Bit Digital, Inc. (BTBT). Over 10 years, the gap is even starker: APLD returned +811. 3% versus BTBT's -58. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Applied Digital Corporation (APLD) is the lower-risk stock at 3.

23β versus Bit Digital, Inc. 's 3. 37β — meaning BTBT is approximately 4% more volatile than APLD relative to the S&P 500. On balance sheet safety, Bit Digital, Inc. (BTBT) carries a lower debt/equity ratio of 3% versus 111% for Applied Digital Corporation — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Bit Digital, Inc.

(BTBT) is pulling ahead at 264. 6% versus 57. 7% for Applied Digital Corporation (APLD). On earnings-per-share growth, the picture is similar: Bit Digital, Inc. grew EPS 225. 0% year-over-year, compared to 11. 5% for Applied Digital Corporation. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Bit Digital, Inc.

(BTBT) is the more profitable company, earning 17. 3% net margin versus -107. 2% for Applied Digital Corporation — meaning it keeps 17. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BTBT leads at 16. 8% versus -33. 5% for APLD. At the gross margin level — before operating expenses — BTBT leads at 61. 9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

In this comparison, BTBT (0.

3% yield) pays a dividend. APLD does not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Applied Digital Corporation (APLD) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+811.

3% 10Y return). Bit Digital, Inc. (BTBT) carries a higher beta of 3. 37 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (APLD: +811. 3%, BTBT: -58. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

These companies operate in different sectors (APLD (Technology) and BTBT (Financial Services)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.