BIT Mining Ltd. (BTCM)

NYSE: BTCM · IEX Real-Time Price · USD
0.285
-0.015 (-5.03%)
Sep 23, 2022 4:00 PM EDT - Market closed
-5.03%
Market Cap 25.96M
Revenue (ttm) 1.38B
Net Income (ttm) -71.41M
Shares Out 91.09M
EPS (ttm) -0.97
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 805,275
Open 0.310
Previous Close 0.300
Day's Range 0.280 - 0.310
52-Week Range 0.280 - 10.600
Beta 2.57
Analysts n/a
Price Target n/a
Earnings Date Aug 19, 2022

About BTCM

BIT Mining Limited operates as a cryptocurrency mining company. The company operates through three segments: Mining Pool, Data Center, and Cryptocurrency Mining. It operates a cryptocurrency mining data center in Ohio with power capacity of 150 megawatts; and mining pool business, including the domain name and the cryptocurrency wallet of BTC.com, as well as purchases and deploys bitcoin mining machines. The company was formerly known as 500.com Limited and changed its name to BIT Mining Limited in April 2021. BIT Mining Limited was founded in ... [Read more...]

Industry Information Technology Services
IPO Date Nov 22, 2013
CEO Zhaofu Tian
Employees 153
Stock Exchange NYSE
Ticker Symbol BTCM
Full Company Profile

Financial Performance

In 2021, BIT Mining's revenue was 1.33 billion, an increase of 61,223.30% compared to the previous year's 2.17 million. Losses were -60.52 million, 86.7% more than in 2020.

Financial numbers in CNY Financial Statements

News

BIT Mining : A Letter to Our Investors

HONG KONG , Aug. 24, 2022 /PRNewswire/ --  BIT Mining (NYSE: BTCM) issued a letter to investors today:  Dear Colleagues, Investors and Friends of BIT Mining, Our company has historically tried to remain...

1 month ago - PRNewsWire

BIT Mining Limited Announces Unaudited Financial Results for the Second Quarter ended June 30, 2022

HONG KONG , Aug. 19, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today re...

1 month ago - PRNewsWire

BIT Mining Announces Closing of US$9.3 Million Registered Direct Offering

HONG KONG , Aug. 19, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced the closing of its r...

1 month ago - PRNewsWire

BIT Mining Announces US$9.3 Million Registered Direct Offering

HONG KONG , Aug. 16, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it has entered ...

1 month ago - PRNewsWire

BIT Mining Limited to Report Second Quarter 2022 Financial Results on August 19, 2022

HONG KONG , Aug. 12, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining Limited" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it plan...

1 month ago - PRNewsWire

BIT Mining Limited Receives Notice Regarding NYSE Continued Listing Standards

HONG KONG , August 5, 2022  /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it received a...

1 month ago - PRNewsWire

BIT Mining Completes Sale of Shares of Loto Interactive Limited

HONG KONG , July 26, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it has complete...

1 month ago - PRNewsWire

BIT Mining Announces Sale of Shares of Loto Interactive Limited

HONG KONG , July 12, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that the Company ent...

2 months ago - PRNewsWire

BIT Mining Limited to Improve Efficiency at Ohio Mining Site after Business Spin-off

HONG KONG , June 30, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) (the "Company"), a leading technology-driven cryptocurrency mining company, today announced the completion of a spin-off with Vi...

2 months ago - PRNewsWire

BIT Mining Announces Closing of US$16 Million Registered Direct Offering

HONG KONG , June 30, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced the closing of its p...

2 months ago - PRNewsWire

Why Bitcoin-, Ethereum- And Litecoin-Related Stock BIT Mining Is Down Over 40% Today

BIT Mining Ltd - ADR (NYSE: BTCM) shares are trading lower by 41.18% to $0.70 after the company announced a $16 million registered direct offering. BIT Mining says the company intends to use the net pro...

3 months ago - Benzinga

BIT Mining Announces US$16 Million Registered Direct Offering

HONG KONG , June 23, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it has entered ...

3 months ago - PRNewsWire

BIT Mining Filed 2021 Annual Report on Form 20-F

HONG KONG , June 13, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it filed its an...

3 months ago - PRNewsWire

BIT Mining Announces First Closing of Bee Computing Acquisition

HONG KONG , May 31, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced it has successfully c...

3 months ago - PRNewsWire

BIT Mining Limited Announces Unaudited Financial Results for the First Quarter ended March 31, 2022

HONG KONG , May 27, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today rep...

3 months ago - PRNewsWire

Why a Massive Divergence Has Been Building in Crypto Mining Stocks This Week

Is China set to take over Bitcoin mining once again?

Other symbols: CANRIOT
4 months ago - The Motley Fool

BIT Mining Limited to Report First Quarter 2022 Financial Results on May 27, 2022

HONG KONG , May 20, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining Limited" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it plans...

4 months ago - PRNewsWire

Why Shares of Riot Blockchain, BIT Mining, and Coinbase Are Down This Week

Crypto stocks performed worse than cryptocurrencies this week.

Other symbols: COINRIOT
4 months ago - The Motley Fool

BIT Mining Limited to Report Fourth Quarter and Full Year 2021 Financial Results on February 17, 2022

HONG KONG, Feb. 10, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining Limited" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it plans...

7 months ago - PRNewsWire

BIT Mining Provides Business Progress and Operational Update

HONG KONG, Jan. 18, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced its progress in the c...

8 months ago - PRNewsWire

Bit Mining Plunges 33% Amid Kazakhstan Turmoil

Crypto mining is risky business to begin with; in places of turmoil, this risk is amplified.

8 months ago - The Motley Fool

BIT Mining Announces Appointments of Chairman of its Board of Directors and Members of Board Committees

HONG KONG, Dec. 28, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced the appointments of M...

8 months ago - PRNewsWire

BIT Mining Announces Changes to its Board of Directors

HONG KONG, Nov. 30, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that Mr. Shengwu Wu, ...

9 months ago - PRNewsWire

Here's How BIT Mining Fared In Q3

BIT Mining Ltd (NYSE: BTCM) reported third-quarter FY21 revenue of $404.3 million, representing a sharp increase of $403.8 million year-on-year. The revenue comprised $397.8 million from its mining pool...

10 months ago - Benzinga