BIT Mining Stock (NYSE:BTCM)

Revenue Ownership Financials Chart

Previous Close

$3.11

52W Range

$1.79 - $6.95

50D Avg

$2.47

200D Avg

$2.78

Market Cap

$32.89M

Avg Vol (3M)

$127.13K

Beta

2.51

Div Yield

-

BTCM Company Profile

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 2001 and is headquartered in Hong Kong.

Industry

Information Technology Services

Sector

Technology

Exchange

NYSE

ADR

Yes

Country

HK

Employees

75

IPO Date

Nov 22, 2013

Website

BTCM Performance

Revenue Breakdown

Revenue Breakdown by Product/Service

Product/Service	Dec 22	Dec 21
Cryptocurrency mining	$118.69M	$39.43M
Mining pool	$1.85B	$1.28B
Others	$3.62M	$2.52M
Data center	$37.85M	$11.82M

Fiscal year ends in Dec 23 | Currency in USD

BTCM Financial Summary

	Dec 23	Dec 22	Dec 21
Revenue	$43.10M	$650.23M	$1.33B
Operating Income	$-25.19M	$-182.86M	$-40.91M
Net Income	$-28.71M	$-181.20M	$-61.51M
EBITDA	$-16.70M	$-42.09M	$-35.94M
Basic EPS	-	$-20.80	$-9.88
Diluted EPS	-	$-20.80	$-9.88

Fiscal year ends in Dec 23 | Currency in USD

Peer Comparison

Ticker	Company
VNET	VNET Group, Inc.
INOD	Innodata Inc.
ARBB	ARB IOT Group Limited
IT	Gartner, Inc.
CYXT	Cyxtera Technologies, Inc.
CLPS	CLPS Incorporation
CACI	CACI International Inc
BBAI	BigBear.ai Holdings, Inc.
EXLS	ExlService Holdings, Inc.
WNS	WNS (Holdings) Limited
CLVT	Clarivate Plc
TWKS	Thoughtworks Holding, Inc.
GDS	GDS Holdings Limited