Is BTCS or BTOG more undervalued in 2026?

CirclFi compares BTCS Inc. (BTCS) and Bit Origin Limited (BTOG) using 13 institutional-grade valuation models. BTCS has a Quality of Company score of 5.0/10 while BTOG scores 2.4/10.

Which is a better buy — BTCS or BTOG?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do BTCS and BTOG valuations compare?

BTCS at $1.57 and BTOG at $1.77 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

BTCS vs BTOG Valuation Comparison 2026 — Intrinsic Value Analysis

BTCS

Finance Services

BTCS Inc.

Quality

5.0

out of 10

Value Trap

SAFE

Price

$1.57

Last close

Models

11/13

Active

BTOG

Finance Services

Bit Origin Limited

Quality

2.4

out of 10

Value Trap

—

Price

$1.77

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	BTCS Fair Value	BTCS Upside	BTOG Fair Value	BTOG Upside
Bayesian DCF	Intrinsic	$0.32	-79.6%	$0.46	-74.0%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$1.12	-28.9%	—	—
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	—	—	$3.83	+120.4%

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BTCS vs BTOG — Which Stock Is More Undervalued?

BTCS scores higher with a 5.0/10 quality rating vs BTOG's 2.4/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing BTCS Inc. (BTCS) and Bit Origin Limited (BTOG) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

BTCS currently trades at $1.57 with a QOC of 5.0/10, while BTOG trades at $1.77 with a QOC of 2.4/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).