Applied Digital vs Bit Digital
Applied Digital's primary segment is Data Center Operators (Colo); Bit Digital's is GPU Clouds (Neoclouds). Applied Digital is larger by market cap ($7.6B vs $590M). Applied Digital reports higher tracked revenue ($611M vs $114M).
Shared segment: AI & Data Center.
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Side-by-side
| Applied Digital | Bit Digital | |
|---|---|---|
| Market cap | $7.6B | $590M |
| Revenue | $611M (FY2026) | $114M (FY2025) |
| Primary segment | Data Center Operators (Colo) | GPU Clouds (Neoclouds) |
| Market position | challenger | niche |
| Country | United States | United States |
| Tracked suppliers | 7 | 3 |
| Tracked customers | 5 | 0 |
| Chokepoint / criticality | 7/100 | 0/100 |
Market caps/revenue from the wafergraph dataset · data as of 2026-10-04. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.
How Applied Digital and Bit Digital compare
- Size: Applied Digital is the larger company by market cap.
- Revenue: Applied Digital reports higher tracked revenue.
- Supply-chain criticality: Applied Digital has the higher chokepoint score (7/100 vs 0/100).
- Footprint: Applied Digital (United States) vs Bit Digital (United States).
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Cite as: wafergraph, “Applied Digital vs Bit Digital”, https://wafergraph.com/compare/applied_digital-vs-bit_digital (data as of 2026-10-04).
Frequently asked questions3
- Is Applied Digital bigger than Bit Digital?
- Applied Digital is larger by market cap ($7.6B vs $590M).
- What's the difference between Applied Digital and Bit Digital?
- Applied Digital is a challenger in Data Center Operators (Colo) based in United States; Bit Digital is a niche in GPU Clouds (Neoclouds) based in United States. Both operate in the AI & Data Center segment.
- Who are Applied Digital's and Bit Digital's suppliers?
- wafergraph tracks 7 suppliers for Applied Digital and 3 for Bit Digital.