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BTCM

BIT Mining NYSE:BTCM Stock Report

Last Price

US$0.24

Market Cap

US$25.5m

7D

18.2%

1Y

-96.2%

Updated

04 Dec, 2022

Data

Company Financials
BTCM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

BTCM Stock Overview

BIT Mining Limited operates as a cryptocurrency mining company.

BIT Mining Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for BIT Mining
Historical stock prices
Current Share PriceUS$0.24
52 Week HighUS$7.19
52 Week LowUS$0.19
Beta2.39
1 Month Change9.54%
3 Month Change-37.77%
1 Year Change-96.23%
3 Year Change-97.43%
5 Year Change-97.49%
Change since IPO-98.80%

Recent News & Updates

BIT Mining Limited: Down 95% YTD, This One Is NGMI

Sep 09

Recent updates

Could The 500.com Limited (NYSE:WBAI) Ownership Structure Tell Us Something Useful?

Dec 15
Could The 500.com Limited (NYSE:WBAI) Ownership Structure Tell Us Something Useful?

Shareholder Returns

BTCMUS SoftwareUS Market
7D18.2%2.5%1.5%
1Y-96.2%-30.6%-14.9%

Return vs Industry: BTCM underperformed the US Software industry which returned -30.6% over the past year.

Return vs Market: BTCM underperformed the US Market which returned -14.9% over the past year.

Price Volatility

Is BTCM's price volatile compared to industry and market?
BTCM volatility
BTCM Average Weekly Movement16.1%
Software Industry Average Movement9.3%
Market Average Movement7.4%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.3%

Stable Share Price: BTCM is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: BTCM's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2001153Xianfeng Yanghttps://www.btcm.group

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.

BIT Mining Limited Fundamentals Summary

How do BIT Mining's earnings and revenue compare to its market cap?
BTCM fundamental statistics
Market CapUS$25.52m
Earnings (TTM)-US$44.38m
Revenue (TTM)US$1.03b

0.0x

P/S Ratio

-0.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BTCM income statement (TTM)
RevenueUS$1.03b
Cost of RevenueUS$1.03b
Gross ProfitUS$6.11m
Other ExpensesUS$50.49m
Earnings-US$44.38m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.42
Gross Margin0.59%
Net Profit Margin-4.30%
Debt/Equity Ratio0%

How did BTCM perform over the long term?

See historical performance and comparison