Skip to main content

BIT Mining Ltd. (BTCM)

NYSE: BTCM · IEX Real-Time Price · USD
9.20
+0.05 (0.55%)
After-hours:Oct 25, 2021 7:58 PM EDT
9.15
0.27 (3.04%)
At close: Oct 25, 4:00 PM
Market Cap660.39M
Revenue (ttm)447.47M
Net Income (ttm)-28.44M
Shares Out72.61M
EPS (ttm)-0.60
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume735,221
Open8.94
Previous Close8.88
Day's Range8.78 - 9.24
52-Week Range2.55 - 35.00
Beta1.87
Analystsn/a
Price Targetn/a
Est. Earnings DateNov 16, 2021

About BTCM

BIT Mining Limited operates as a cryptocurrency mining company. It holds three hydroelectric cryptocurrency mines with combined electric power capacity of 435MW; 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 2001 and is headquartered in Hong Kong.

IndustryInformation Technology Services
IPO DateNov 22, 2013
CEOZhaofu Tian
Employees138
Stock ExchangeNYSE
Ticker SymbolBTCM
Full Company Profile

Financial Performance

In 2020, BIT Mining's revenue was 21.82 million, a decrease of -45.03% compared to the previous year's 39.69 million. Losses were -223.23 million, -65.72% less than in 2019.

Financial numbers in millions CNYFinancial Statements

News

BIT Mining Ramps Up Investment In Ohio Crypto-Mining Site

Crypto miner BIT Mining (NYSE: BTCM) ramped up investment in the Ohio cryptocurrency mining data center jointly developed with Viking Data Centers LLC. BIT Mining will increase its investment by $11.0 m...

1 week ago - Benzinga

BIT Mining Falls Prey To Chinese Regulatory Crackdown

Cryptocurrency mining company BIT Mining Ltd (NYSE:BTCM) subsidiary BTC.com will cease registering new users from mainland China and expects to start retiring the accounts of existing users in mainland ...

1 week ago - Benzinga

BIT Mining's Mining Pool Subsidiary to Exit Mainland China Market

AKRON, Ohio, Oct. 14, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that its mining poo...

1 week ago - PRNewsWire

BTCM Stock: What Is the Latest News Sending Bit Mining Higher?

Today, sentiment is turning broadly bullish, with shares of Bit Mining and BTCM stock taking off following a key announcement. The post BTCM Stock: What Is the Latest News Sending Bit Mining Higher?

1 month ago - InvestorPlace

Short Squeeze Stocks: BBIG, ATER and 3 Others Experts Think Are Ready to Pop

Investors looking to find the top short squeeze stocks to buy right now may want to take a look at this curated list of opportunities. The post Short Squeeze Stocks: BBIG, ATER and 3 Others Experts Thin...

Other symbols:ATERBBIGANYKPLT
1 month ago - InvestorPlace

5 Short Squeeze Candidates To Watch: BBIG Tops List With Katapult, Aterian Right Behind

Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next GameStop Corp (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC), two stocks that attracted str...

Other symbols:ATERANYBBIGKPLT
1 month ago - Benzinga

5 Short Squeeze Candidates To Watch: Support.com, Takung, Among Others

Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next huge move. GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) are two high-pro...

Other symbols:ATERBBIGTKAT
1 month ago - Benzinga

Short Squeeze Stocks: SPRT, ATER and 3 Others Experts Think Are Ready to Pop

Here are five of the top short squeeze stocks experts think have the potential to actually squeeze based on specific factors. The post Short Squeeze Stocks: SPRT, ATER and 3 Others Experts Think Are Rea...

Other symbols:ATERBBIGTKAT
1 month ago - InvestorPlace

Short Squeeze Stocks: ATIF, SPRT and 3 Others Experts Think Are Ready to Pop

Today, the market appears to be disjointed, as seen in the short squeeze space, with some short squeeze stocks outperforming others. The post Short Squeeze Stocks: ATIF, SPRT and 3 Others Experts Think ...

Other symbols:ATIFBBIGZEV
1 month ago - InvestorPlace

5 Short Squeeze Candidates To Watch: Support.com, Lightning eMotors, ATIF Holdings And More

Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next huge move. GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) are two high-pro...

Other symbols:ZEVATIFBBIG
1 month ago - Benzinga

Why Was BIT Mining Stock Skyrocketing on Thursday?

This low float stock with high short interest was able to fly once the traders piled in.

1 month ago - The Motley Fool

BTCM Stock: Why Retail Investors Are Betting Big on BIT Mining on Thursday

Today, investors in Bit Mining and BTCM stock are seeing very impressive gains as investors jump on this stock as a short-squeeze play. The post BTCM Stock: Why Retail Investors Are Betting Big on BIT M...

1 month ago - InvestorPlace

Why Crypto Stocks Popped on Monday Morning

Cryptocurrencies are up big today, and that's pulling crypto mining and equipment stocks with them.

Other symbols:CANHUTMARAPYPLSQ
2 months ago - The Motley Fool

BIT Mining Limited Announces Unaudited Financial Results for the Second Quarter ended June 30, 2021

HONG KONG, Aug. 17, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading cryptocurrency mining enterprise, today reported its unaud...

2 months ago - PRNewsWire

Why Crypto Stocks Plunged Today

A $600 million hack of cryptocurrencies has undermined the security aspect being sold to crypto investors.

Other symbols:BITFCOIN
2 months ago - The Motley Fool

BIT Mining Limited to Report Second Quarter 2021 Financial Results on August 17, 2021

HONG KONG, Aug. 10, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining Limited" or the "Company"), a leading cryptocurrency mining enterprise, today announced that it plans to release its...

2 months ago - PRNewsWire

Why Bitcoin Mining Stocks Were Soaring on Monday

Today's news, however, is insignificant compared to what's coming in a couple weeks.

Other symbols:BITFCLSKCOINRIOTSQ
2 months ago - The Motley Fool

BIT Mining to Expand its Fleet of Bitcoin Mining Machines

HONG KONG, July 28, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading cryptocurrency mining enterprise, today announced that it has entered into a definitiv...

2 months ago - PRNewsWire

BIT Mining Announces Removal of VIE Structure and Disposal of Chinese Lottery Business

HONGKONG, China, July 23, 2021 /PRNewswire/— BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or "the Company"), a leading cryptocurrency mining enterprise, today announced its decision to eliminate its va...

3 months ago - PRNewsWire

BIT Mining Announces Closing of US$50.0 Million Private Placement

SHENZHEN, China, July 16, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company") today announced the closing of its previously announced private placement of 100,000,000 Cl...

3 months ago - PRNewsWire

BIT Mining Announces US$50 Million Private Placement

SHENZHEN, China, July 12, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), today announced that it has entered into securities purchase agreements with certain insti...

3 months ago - PRNewsWire

Why Chinese Cryptocurrency Stocks Fell Hard Again Today

Chinese companies are working hard to get out of China and reassure their shareholders.

Other symbols:CANEBONGBTCSOS
4 months ago - The Motley Fool

Markets Flatten as Bitcoin Dips Below 30K

The Dow had been up nearly 50 points in today's pre-market, but those have evaporated -- on zero economic news this morning other than Bitcoin.

Other symbols:DIAQQQSPY
4 months ago - Zacks Investment Research

BIT Mining Successfully Delivers Mining Machines to Kazakhstan

SHENZHEN, China, June 21, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or "the Company"), a leading cryptocurrency mining enterprise, announced today that it had successfully deliv...

4 months ago - PRNewsWire

BIT Mining Completes Cash Offer for Shares of Loto Interactive

SHENZHEN, China, June 18, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or "the Company"), a leading cryptocurrency mining enterprise, today announced that it has completed its cash...

4 months ago - PRNewsWire