Valuation based on WYFI IPO @ $17.50 per share

Gave the info to ChatGPT to get intrinsic value of BTBT based on IPO:—————-You’re asking a two-part question: how the WhiteFiber (WYFI) IPO—with its $17.50 pricing—impacts the value for BTBT shareholders, and how to include Bit Digital’s Ethereum (ETH) holdings in calculating an intrinsic per‑share value of BTBT.So let’s break this down:⸻WhiteFiber IPO Impact• WhiteFiber IPO pricing: The offering is set at $15–$17 per share, and if we take the higher end ($17), Bit Digital (BTBT) is expected to retain around 80% ownership after the IPO .• Implied valuation: At a $17 price for 7.8125 million shares, the fully diluted valuation is around $558 million .• BTBT’s stake value: With 80% ownership, Bit Digital’s retained stake would be valued at approximately $446 million (80% of $558M).• Per-share contribution: Dividing that by BTBT’s ~207.8 million outstanding shares gives roughly $2.15 per BTBT share solely attributable to its retained interest in WhiteFiber.⸻Ethereum (ETH) Treasury Contribution• Total ETH holdings: Bit Digital holds approximately 120,306 ETH as of mid‑July 2025 .• Estimated ETH value: At today’s price—let’s assume roughly $3,600 per ETH based on recent trading ranges—the ETH holding could be valued around:120,306 ETH × $3,600 ≈ $433 million• Per-share contribution: That equates to approximately $2.08 per BTBT share (433M / 207.8M shares).⸻Combined Intrinsic Value EstimateSumming both components gives a rough “sum-of-the-parts” intrinsic value for BTBT:Component Estimated Value (per share)WhiteFiber stake ~$2.15Ethereum treasury ~$2.08Total “intrinsic value” ~$4.23 per share⸻Caveats & Considerations • Market dynamics: ETH prices fluctuate rapidly, so the ETH-derived value can swing materially. • Dilution potential: Future share issuances or further WhiteFiber distributions may dilute value. • Execution risks: The actual value realized from WhiteFiber depends on its future performance and market reception. • Other BTBT operations: This simplistic valuation ignores BTBT’s other assets or operations—like staking infrastructure, AI/HPC operations, and cash reserves.⸻ConclusionBased on today’s metrics: • WhiteFiber equity contributes roughly $2.15 per BTBT share. • Ethereum holdings contribute another $2.08 per share. • Estimated intrinsic value: around $4.20 per share for BTBT.—————-My Comments: This is a good use of ChatGPT - since there are no analysis from real Analysts!!Also, note that ETH is priced at 3,600 & not 3,800.This does not include $200 million raised from IPO. If IPO flies tomorrow, expect a much higher valuation for BTBT. via /r/BTBT https://ift.tt/MLF8jRu