BIT Mining Limited

BIT Mining Ltd. operates as a cryptocurrency mining enterprise. Its business covers cryptocurrency mining, pool, machine manufacturing, and data center operation. The company utilizes cryptocurrency mining machines and hydroelectric cryptocurrency mines, the sole purpose of which is to mine bitcoin. It also owns the mining pool business operated under BTC.com, including the domain name and wallet. The company was founded by Man San Law in 2001 and is headquartered in Hong Kong.

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

BIT Mining Ltd. engages in cryptocurrency mining, data center operation, and mining machine manufacturing. It operates through the following segments: Data Center, Cryptocurrency Mining, and Others. The company was founded by Man San Law in 2001 and is headquartered in Akron, OH.

Crypto mining is risky business to begin with; in places of turmoil, this risk is amplified.

Bit Mining Plunges 33% Amid Kazakhstan Turmoil

HONG KONG, Dec. 28, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced the appointments of Mr. Bo Yu, chief operating officer and general counsel of the Company, as the chairman of the Company's board of directors ("the Board"), Mr.

BIT Mining Announces Appointments of Chairman of its Board of Directors and Members of Board Committees

HONG KONG, Nov. 30, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that Mr. Shengwu Wu, the chairman of the Company's board of directors ("the Board"), and Mr.

BIT Mining Announces Changes to its Board of Directors

BIT Mining Ltd (NYSE: BTCM) reported third-quarter FY21 revenue of $404.3 million, representing a sharp increase of $403.8 million year-on-year. The revenue comprised $397.8 million from its mining pool business consolidated from April 2021.

Here's How BIT Mining Fared In Q3

HONG KONG, Nov. 18, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today reported its unaudited financial results for the third quarter ended September 30, 2021. Cryptocurrency   Business   Progress BIT Mining has completed the transition of its business to an enterprise that covers cryptocurrency mining, data center operation and mining pool.

BIT Mining Limited Announces Unaudited Financial Results for the Third Quarter ended September 30, 2021

AKRON, Ohio, Nov. 11, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company") based in Ohio, and focused on cryptocurrency mining, today announced that BIT Mining, Senior IR Director Ellen Chiu will present at the dbVIC - Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on November 17.  This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors.

BIT Mining to present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on 17 November 2021

AKRON, Ohio, Nov. 11, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining Limited" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it plans to release its unaudited financial results for the third quarter ended September 30, 2021, before the U.S. market open on Thursday, November 18, 2021. About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry.

BIT Mining Limited to Report Third Quarter 2021 Financial Results on November 18, 2021

Crypto miner BIT Mining (NYSE: BTCM) ramped up investment in the Ohio cryptocurrency mining data center jointly developed with Viking Data Centers LLC. BIT Mining will increase its investment by $11.0 million, including $9.8 million in cash and the remaining in cash or stock.

BIT Mining Ramps Up Investment In Ohio Crypto-Mining Site

Cryptocurrency mining company BIT Mining Ltd (NYSE:BTCM) subsidiary BTC.com will cease registering new users from mainland China and expects to start retiring the accounts of existing users in mainland China to comply with local regulations beginning on October 15. The discontinuation of service may adversely affect the consolidated financial statements of the company.

BIT Mining Falls Prey To Chinese Regulatory Crackdown

AKRON, Ohio, Oct. 14, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that its mining pool subsidiary, BTC.com will exit the mainland China market. To comply with local regulations, BTC.com will cease registering new users from mainland China and expects to start retiring the accounts of existing users in mainland China in an orderly manner starting on October 15, 2021.

BIT Mining's Mining Pool Subsidiary to Exit Mainland China Market

Today, sentiment is turning broadly bullish, with shares of Bit Mining and BTCM stock taking off following a key announcement. The post BTCM Stock: What Is the Latest News Sending Bit Mining Higher?

BTCM Stock: What Is the Latest News Sending Bit Mining Higher?

Aterian

Vinco Ventures

Sphere 3D

Katapult Holdings

Investors looking to find the top short squeeze stocks to buy right now may want to take a look at this curated list of opportunities. The post Short Squeeze Stocks: BBIG, ATER and 3 Others Experts Think Are Ready to Pop appeared first on InvestorPlace.

Short Squeeze Stocks: BBIG, ATER and 3 Others Experts Think Are Ready to Pop

Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next GameStop Corp (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC), two stocks that attracted strong interest and saw shares spike. A short squeeze can occur when a heavily shorted stock rises in value instead of falling.

5 Short Squeeze Candidates To Watch: BBIG Tops List With Katapult, Aterian Right Behind

Support.com

Takung Art Co

Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next huge move. GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) are two high-profile examples of short squeezes earlier this year.

5 Short Squeeze Candidates To Watch: Support.com, Takung, Among Others

Here are five of the top short squeeze stocks experts think have the potential to actually squeeze based on specific factors. The post Short Squeeze Stocks: SPRT, ATER and 3 Others Experts Think Are Ready to Pop appeared first on InvestorPlace.

Short Squeeze Stocks: SPRT, ATER and 3 Others Experts Think Are Ready to Pop

ATIF Holdings Ltd

Lightning eMotors, Inc

Today, the market appears to be disjointed, as seen in the short squeeze space, with some short squeeze stocks outperforming others. The post Short Squeeze Stocks: ATIF, SPRT and 3 Others Experts Think Are Ready to Pop appeared first on InvestorPlace.

Short Squeeze Stocks: ATIF, SPRT and 3 Others Experts Think Are Ready to Pop

5 Short Squeeze Candidates To Watch: Support.com, Lightning eMotors, ATIF Holdings And More

This low float stock with high short interest was able to fly once the traders piled in.

Why Was BIT Mining Stock Skyrocketing on Thursday?

Today, investors in Bit Mining and BTCM stock are seeing very impressive gains as investors jump on this stock as a short-squeeze play. The post BTCM Stock: Why Retail Investors Are Betting Big on BIT Mining on Thursday appeared first on InvestorPlace.

BTCM Stock: Why Retail Investors Are Betting Big on BIT Mining on Thursday

Codebase Ventures Inc. said it has received confirmation of the completed delivery of all 115 Antminer S17+ 76Th bit mining units to their hosting facility in New York State.

Codebase Ventures receives confirmation delivery of all 115 Antminer S17+ 76Th bit mining units to their hosting facility in New York State

Canaan Inc.

Hut 8 Mining Corp

Marathon Digital Holdings

Cryptocurrencies are up big today, and that's pulling crypto mining and equipment stocks with them.

Why Crypto Stocks Popped on Monday Morning

HONG KONG, Aug. 17, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading cryptocurrency mining enterprise, today reported its unaudited financial results for the second quarter ended June 30, 2021. Cryptocurrency   Business   Progress BIT Mining has completed the transition of its business to an enterprise that covers cryptocurrency mining, data center operation and mining pool.

BIT Mining Limited Announces Unaudited Financial Results for the Second Quarter ended June 30, 2021

HONG KONG, Aug. 10, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining Limited" or the "Company"), a leading cryptocurrency mining enterprise, today announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2021, before the U.S. market open on Tuesday, August 17, 2021. About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry.

BIT Mining Limited to Report Second Quarter 2021 Financial Results on August 17, 2021

Bitfarms Ltd

CleanSpark

Coinbase

Riot Blockchain

Block

Today's news, however, is insignificant compared to what's coming in a couple weeks.

Why Bitcoin Mining Stocks Were Soaring on Monday

HONG KONG, July 28, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading cryptocurrency mining enterprise, today announced that it has entered into a definitive purchase agreement (the "Purchase Agreement") to acquire 2,500 new bitcoin mining machines ("the Acquired Machines") for a total consideration of approximately US$6.6 million. When deployed, the Company expects the Acquired Machines to increase its theoretical maximum total hash rate capacity by approximately 165 peta hashes per second (PH/s).

BIT Mining to Expand its Fleet of Bitcoin Mining Machines

News for BIT Mining Limited Stock (BTCM)