Forget MSTR, These 3 Bitcoin-Linked Stocks Are Flashing Valuation Red Flags - Bit Digital (NASDAQ:BTBT)
Benzinga·2025-10-13 11:48

Core Insights - Three overvalued crypto-linked stocks have shown significant declines in their value percentile rankings, indicating increased overvaluation and potential risks for investors in the cryptocurrency sector [1][2]. Company Summaries - Bit Digital Inc. (BTBT): The stock's value percentile ranking dropped from 44.26 to 37.11, a decline of 7.15 points over the past week. Year-to-date, the stock is up 20.51% and has increased 14.29% over the past year. It shows a stronger price trend across all time frames but has a poor growth ranking [8]. - HIVE Digital Technologies Ltd. (HIVE): This stock experienced a decline of 13.12 points in its value ranking, moving from 63.31 to 50.19 week-on-week. It has seen a year-to-date increase of 109.03% and a 101.30% rise over the past year. HIVE maintains a strong price trend and a strong growth ranking [8]. - CleanSpark Inc. (CLSK): The company's value percentile changed from 57.44 to 49.47, reflecting a decrease of 7.97 points, indicating increased investor caution. The stock is up 104.02% year-to-date and has advanced 78.35% over the past year. It also shows a strong price trend and a strong growth ranking [8]. Market Context - The S&P 500 index closed 2.71% lower, the Nasdaq 100 index fell 3.49%, and the Dow Jones dropped 1.90%, indicating a broader market decline that may impact investor sentiment towards overvalued stocks [7].