WallStSmart

Bit Origin Ltd (BTOG)vsIntercontinental Exchange Inc (ICE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Intercontinental Exchange Inc generates 26729014% more annual revenue ($10.56B vs $39,500). ICE leads profitability with a 38.3% profit margin vs 0.0%. ICE earns a higher WallStSmart Score of 61/100 (C+).

BTOG

Avoid

23

out of 100

Grade: F

Growth: 2.7Profit: 2.5Value: 5.0Quality: 7.3
Piotroski: 3/9

ICE

Buy

61

out of 100

Grade: C+

Growth: 5.3Profit: 7.5Value: 5.0Quality: 5.0
Piotroski: 6/9Altman Z: 0.60

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BTOG1 strengths · Avg: 10.0/10
Debt/EquityHealth
-13.1510/10

Conservative balance sheet, low leverage

ICE5 strengths · Avg: 9.0/10
Profit MarginProfitability
38.3%10/10

Keeps 38 of every $100 in revenue as profit

Operating MarginProfitability
52.6%10/10

Strong operational efficiency at 52.6%

Market CapQuality
$88.36B9/10

Large-cap with strong market position

Price/BookValuation
3.0x8/10

Reasonable price relative to book value

Free Cash FlowQuality
$1.74B8/10

Generating 1.7B in free cash flow

Areas to Watch

BTOG4 concerns · Avg: 3.3/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Market CapQuality
$2.58M3/10

Smaller company, higher risk/reward

Profit MarginProfitability
0.0%3/10

0.0% margin — thin

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

ICE3 concerns · Avg: 3.3/10
PEG RatioValuation
2.154/10

Expensive relative to growth rate

Revenue GrowthGrowth
4.8%4/10

4.8% revenue growth

Altman Z-ScoreHealth
0.602/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : BTOG

The strongest argument for BTOG centers on Debt/Equity.

Bull Case : ICE

The strongest argument for ICE centers on Profit Margin, Operating Margin, Market Cap. Profitability is solid with margins at 38.3% and operating margin at 52.6%.

Bear Case : BTOG

The primary concerns for BTOG are EPS Growth, Market Cap, Profit Margin.

Bear Case : ICE

The primary concerns for ICE are PEG Ratio, Revenue Growth, Altman Z-Score.

Key Dynamics to Monitor

BTOG carries more volatility with a beta of 1.93 — expect wider price swings.

ICE is growing revenue faster at 4.8% — sustainability is the question.

ICE generates stronger free cash flow (1.7B), providing more financial flexibility.

Monitor FINANCIAL DATA & STOCK EXCHANGES industry trends, competitive dynamics, and regulatory changes.

Bottom Line

ICE scores higher overall (61/100 vs 23/100), backed by strong 38.3% margins. Both earn "Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Bit Origin Ltd

FINANCIAL SERVICES · FINANCIAL DATA & STOCK EXCHANGES · USA

China Xiangtai Food Co., Ltd. is engaged in wholesale and retail of feed raw materials in China. The company is headquartered in Chongqing, China.

Intercontinental Exchange Inc

FINANCIAL SERVICES · FINANCIAL DATA & STOCK EXCHANGES · USA

The Intercontinental Exchange (ICE) is an American Fortune 500 company formed in 2000 that operates global exchanges, clearing houses and provides mortgage technology, data and listing services. The company owns exchanges for financial and commodity markets, and operates regulated exchanges and marketplaces.

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