BIT Mining (BTCM) Stock Price, News & Analysis

Company Overview

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. In addition, it engages in online gaming activities; and provision of technology services. 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 based in Akron, Ohio.

Key Stats

• Today's Range: $1.97 to $2.05
• 50-Day Range: $1.32 to $2.29
• 52-Week Range: $1.22 to $4.27
• Volume: 14,683 shs
• Average Volume: 106,921 shs
• Market Capitalization: $30.37 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Hold

BTCM Stock Analysis - Frequently Asked Questions

How have BTCM shares performed this year?

BIT Mining's stock was trading at $2.52 on January 1st, 2025. Since then, BTCM shares have decreased by 20.0% and is now trading at $2.0150.
View the best growth stocks for 2025 here.

How were BIT Mining's earnings last quarter?

BIT Mining Limited Sponsored ADR (NYSE:BTCM) issued its quarterly earnings data on Friday, February, 28th. The company reported ($0.16) earnings per share for the quarter. The company earned $8.79 million during the quarter, compared to analysts' expectations of $16.40 million.

When did BIT Mining's stock split?

BIT Mining's stock reverse split before market open on Friday, December 23rd 2022.The 1-10 reverse split was announced on Friday, December 23rd 2022. The number of shares owned by shareholders was adjusted after the market closes on Friday, December 23rd 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are BIT Mining's major shareholders?

BIT Mining's top institutional shareholders include Simplex Trading LLC.

How do I buy shares of BIT Mining?

Shares of BTCM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of BIT Mining own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BIT Mining investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Meta Platforms (META), Adobe (ADBE), CymaBay Therapeutics (CBAY) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 2/28/2025
• Today: 6/28/2025
• Next Earnings (Estimated): 8/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Technology Services
• Sub-Industry: Business Services
• Current Symbol: NYSE:BTCM
• CIK: 1517496
• Web: www.500.com
• Phone: (346) 204-8537
• Fax: 86-755-8379-6070
• Employees: 150
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 2.02
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.70
• Quick Ratio: 1.70

Sales & Book Value

• Annual Sales: $32.92 million
• Price / Sales: 0.92
• Cash Flow: $0.36 per share
• Price / Cash Flow: 5.61
• Book Value: $4.43 per share
• Price / Book: 0.45

Miscellaneous

• Outstanding Shares: 15,070,000
• Free Float: 12,107,000
• Market Cap: $30.37 million
• Optionable: Optionable
• Beta: 3.15