BTCM Stock Overview
Operates as a cryptocurrency mining company in the Mainland China, the United States, and Hong Kong. More details
Snowflake Score | |
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Valuation | 3/6 |
Future Growth | 2/6 |
Past Performance | 0/6 |
Financial Health | 6/6 |
Dividends | 0/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
BIT Mining Limited Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$2.86 |
52 Week High | US$6.59 |
52 Week Low | US$1.79 |
Beta | 2.56 |
1 Month Change | 3.25% |
3 Month Change | 27.11% |
1 Year Change | -55.38% |
3 Year Change | -95.94% |
5 Year Change | -96.75% |
Change since IPO | -98.57% |
Recent News & Updates
BIT Mining Limited's (NYSE:BTCM) Shares Bounce 26% But Its Business Still Trails The Industry
Nov 06BIT Mining Limited's (NYSE:BTCM) Shares Not Telling The Full Story
Jul 30Recent updates
BIT Mining Limited's (NYSE:BTCM) Shares Bounce 26% But Its Business Still Trails The Industry
Nov 06BIT Mining Limited's (NYSE:BTCM) Shares Not Telling The Full Story
Jul 30Take Care Before Jumping Onto BIT Mining Limited (NYSE:BTCM) Even Though It's 26% Cheaper
Mar 21BIT Mining Limited's (NYSE:BTCM) Shares Bounce 35% But Its Business Still Trails The Industry
Dec 18Improved Revenues Required Before BIT Mining Limited (NYSE:BTCM) Stock's 69% Jump Looks Justified
Jul 14BIT Mining Limited: Selling Ethereum And Holding Dogecoin
May 31BIT Mining Non-GAAP EPADS of -$1.93, revenue of $61M beats by $7.7M
Feb 17BIT Mining regains NYSE compliance
Feb 02BIT Mining launches litecoin/dogecoin mining machine
Jan 17BIT Mining to implement ADS ratio change
Dec 12BIT Mining Limited: Down 95% YTD, This One Is NGMI
Sep 09BIT Mining stock slides on $9.3M securities offering
Aug 16NYSE sends notice to BIT Mining on applicable price criteria non-compliance
Aug 05BIT Mining narrows its stake in Loto Interactive through sale of shares
Jul 12BIT Mining's Radical Shift Brings Back Revenue, But Profits Remain Elusive
Feb 23BIT Mining Limited: A Crypto Company With A Lot To Prove
Aug 26BIT Mining delivers 320 mining machines to Kazakhstan
Jun 21BIT Mining's Rapid Move Into Crypto Space Shows Early Signs Of Depth
May 28500.com Limited inks two agreements to acquire bitcoin mining machines
Feb 02500.com to acquire bitcoin mining machines for ~$14.4M worth shares
Jan 11500.com CTO steps down
Dec 28500.com Limited announces private placement and appoints new CEO and COO
Dec 21Could The 500.com Limited (NYSE:WBAI) Ownership Structure Tell Us Something Useful?
Dec 15500.com reports Q3 results
Nov 20Shareholder Returns
BTCM | US Software | US Market | |
---|---|---|---|
7D | -14.4% | -2.2% | -2.4% |
1Y | -55.4% | 22.4% | 23.4% |
Return vs Industry: BTCM underperformed the US Software industry which returned 22.4% over the past year.
Return vs Market: BTCM underperformed the US Market which returned 23.4% over the past year.
Price Volatility
BTCM volatility | |
---|---|
BTCM Average Weekly Movement | 13.1% |
Software Industry Average Movement | 7.9% |
Market Average Movement | 6.3% |
10% most volatile stocks in US Market | 16.8% |
10% least volatile stocks in US Market | 3.1% |
Stable Share Price: BTCM's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: BTCM's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2001 | 75 | Xianfeng Yang | www.btcm.group |
BIT Mining Limited operates as a cryptocurrency mining company in the Mainland China, the United States, and Hong Kong. The company operates in two segments: Data Center and Cryptocurrency Mining. It operates a cryptocurrency mining data center in Ohio with power capacity of 82.5 megawatts; and purchases and deploys bitcoin mining machines.
BIT Mining Limited Fundamentals Summary
BTCM fundamental statistics | |
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Market cap | US$33.01m |
Earnings (TTM) | -US$20.28m |
Revenue (TTM) | US$41.41m |
0.8x
P/S Ratio-1.6x
P/E RatioIs BTCM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
BTCM income statement (TTM) | |
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Revenue | US$41.41m |
Cost of Revenue | US$35.34m |
Gross Profit | US$6.06m |
Other Expenses | US$26.35m |
Earnings | -US$20.28m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
Earnings per share (EPS) | -1.76 |
Gross Margin | 14.64% |
Net Profit Margin | -48.99% |
Debt/Equity Ratio | 0% |
How did BTCM perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/22 03:28 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/06/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
BIT Mining Limited is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Alan Hellawell | Deutsche Bank |
Kevin Dede | H.C. Wainwright & Co. |
Diying Ji | Oppenheimer & Co. Inc. |