BIT Mining Limited

BIT Mining Limited

BTCM
BIT Mining LimitedUS flagNew York Stock Exchange
1.06
USD
+0.01
- -
1.30BMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
11.47
17.97
27.5
3.98
0.18
2.7
4.38
1.2
0.5
8.64
6.55
3.91
2.81
3.92
Basic EPS, GAAP
0.28
7.34
7.45
-12.94
-7.05
-11.9
-15.67
-22.03
-7.54
-10.03
-17.84
-2.6
1.03
-2.61
Free Cash Flow per Basic Share
4.04
1.36
11.07
1.25
-4.9
-10.2
-6.27
-5.32
-2.33
-14.6
-8.88
-4
-2.89
- -
Dividend per Share
- -
13.47
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-18.35
-11.65
-0.53
-13.39
-18.68
-32.17
-45.43
-65.38
-75.42
-62.14
-62.24
-51.78
-47.61
-51.93
Tangible Book Value per Share
-0.32
55.8
52.87
63.97
55.06
42.63
26.4
18.83
13.86
17.16
5.72
2.1
4.75
2.1
Basic Weighted Avg Shares
2
2
3
4
4
4
4
4
4
6
9
11
12
11
Sales/Revenue/Turnover
27
43
93
15
1
11
18
5
2
54
57
43
33
43
Operating Margin (%)
16.04
23.09
26.35
-302.76
-6,811.26
-471.11
-273.21
-539.53
-783.85
-45.61
-54.17
-69.39
-34.16
-69.39
Depreciation Expense
1
1
2
2
3
6
9
11
8
22
35
13
13
- -
Net Income, GAAP
1
17
25
-50
-29
-49
-66
-94
-32
-62
-155
-29
12
-29
Effective Tax Rate (%)
80.93
- -
4.84
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
2.47
40.86
27.09
-325.35
-3,859.38
-441.29
-358.22
-1,829.51
-1,495.71
-116.06
-272.54
-66.61
36.67
-66.61
Working Capital
8
131
177
239
216
86
73
50
40
9
4
-11
8
-11
LT Debt
- -
- -
44
47
- -
- -
- -
5
1
5
3
3
1
3
Total Equity
- -
134
180
287
260
231
161
81
60
205
53
25
67
25
Return on Invested Capital (%)
12.97
- -
12.89
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-1.84
- -
303.48
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
1
1
2
LT Borrowings
- -
- -
- -
LT Finance Leases
2
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,111
1,111
1,111
Market Capitalization
204
218
393

Working Capital

FRC

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
38
35
34
Cash, Cash Equivalents & STI
5
3
3
Accounts Receivable, Net
4
4
3
Inventories
- -
- -
- -
Total Current Liabilities
32
30
45
Payables & Accruals
28
28
14
ST Debt
1
1
2
Deferred Revenue
3
- -
2

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.45%
51.09%
165.72%
Free Cash Flow
11.42%
133.77%
-23.05%
Net Income, GAAP
-24.1%
-9.53%
-142.05%
Sales/Revenue/Turnover
345.06%
456.26%
-23.62%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
73
74
77
-181
43
2024
- -
- -
- -
- -
33
2025
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.46
- -
-0.39
-1.66
-2.6
2024
- -
- -
- -
- -
1.03
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Xianfeng Yang
Full Time Employees
56
Sector
Technology
Industry
Information Technology Services
Address
428 South Seiberling Street Akron OH United States of America 44306
IPO Date
Nov 22, 2013
Website
btcm.group
Business
BIT Mining Limited engages primarily in the research, development, manufacturing, and operation of cryptocurrency mining equipment and blockchain technology solutions. Its core products and services include the design and production of highly efficient mining machines; provision of cryptocurrency mining services; and operation of mining farms. The company supplies miners with advanced hardware and offers ancillary services such as mining pool management and blockchain technology consulting. BIT Mining operates across various geographic regions, including China, North America, and Europe, serving institutional and individual cryptocurrency miners. Founded in 2017 and headquartered in Beijing, China, BIT Mining Limited is positioned within the blockchain and digital asset mining industry. The company has been expanding its operations by acquiring mining facilities and enhancing capacity to meet increasing demand in the crypto mining sector. Recently, BIT Mining has focused on strategic acquisitions of mining farms and has entered partnerships aimed at integrating renewable energy solutions to optimize mining efficiency and sustainability. It has also launched updated versions of its mining hardware to improve performance and energy consumption ratios. These moves signify a major strategic shift toward scaling mining operations and increasing technological innovation in the rapidly evolving cryptocurrency mining market. BIT Mining Limited operates as a publicly listed entity on the NASDAQ stock exchange under the ticker symbol BTCM. The company holds subsidiaries engaged in different aspects of blockchain and mining businesses and continues to explore opportunities in related blockchain infrastructure and services. Its comprehensive product lineup, combined with operational expansions and technological advancements, underscores BIT Mining’s commitment to maintaining competitive leadership in the global blockchain mining ecosystem.

Company News

APIChat
  • BIT Mining (NYSE:BTCM) Stock Price Up 1% – Here’s What Happened

  • BIT Mining (NYSE:BTCM) Trading Up 1% – Still a Buy?

  • BIT Mining Limited to Begin Trading Under New Name "SOLAI Limited" and New Ticker Symbol "SLAI" Effective October 20, 2025

  • BIT Mining Rebrands Again As It Pivots To Integrating AI And Blockchain Technology

  • BIT Mining Limited Announces Name and Ticker Change

  • BIT Mining Continues Solana Strategy with 17,221 SOL Purchase

  • BIT Mining Limited Launches DOLAI, a USD-backed Stablecoin on Solana, Expanding in AI-Powered Financial Infrastructure

  • BIT Mining Attempts to Rebrand as SOLAI to Reflect Strategic Shift Toward the Solana Ecosystem

  • BIT Mining Limited Announces Unaudited Financial Results for the Six Months Ended June 30, 2025

  • BIT Mining Limited to Report Second Quarter 2025 Financial Results on August 14, 2025

  • BIT Mining Advances Solana Strategy with 27,191 SOL Purchase and Validator Launch

  • Bit Mining: Undervalued, Unproven, And Eyeing Solana

  • 135 Public Companies That Hold Bitcoin — And Why It Matters

  • BIT Mining Completes Second Phase of Acquisition in Ethiopia

  • BIT Mining Limited Expands into the Solana Ecosystem

  • BIT Mining Limited Files 2024 Annual Report on Form 20-F

  • Top Cryptocurrency Stocks You Should Buy for a Healthy Portfolio

  • BIT Mining Announces March 2025 Production and Operations Updates

  • BIT Mining Announces February 2025 Production and Operations Updates

  • BIT Mining Limited (BTCM) Moves to Buy: Rationale Behind the Upgrade