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NYSE:BTCM

BIT Mining (BTCM) Stock Price, News & Analysis

BIT Mining logo
$1.79 -0.01 (-0.56%)
Closing price 03/28/2025 03:59 PM Eastern
Extended Trading
$1.84 +0.05 (+3.02%)
As of 03/28/2025 07:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About BIT Mining Stock (NYSE:BTCM)

Key Stats

Today's Range
$1.78
$1.85
50-Day Range
$1.79
$2.92
52-Week Range
$1.78
$4.27
Volume
21,649 shs
Average Volume
117,224 shs
Market Capitalization
$26.98 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Hold

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.

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BIT Mining Stock Analysis - MarketRank™

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15th Percentile Overall Score

BTCM MarketRank™: 

BIT Mining scored higher than 15% of companies evaluated by MarketBeat, and ranked 300th out of 323 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for BIT Mining are expected to decrease in the coming year, from $1.00 to ($1.00) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of BIT Mining is -1.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of BIT Mining is -1.37, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    BIT Mining has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.58% of the float of BIT Mining has been sold short.
  • Short Interest Ratio / Days to Cover

    BIT Mining has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in BIT Mining has recently decreased by 4.48%, indicating that investor sentiment is improving.
  • Dividend Yield

    BIT Mining does not currently pay a dividend.

  • Dividend Growth

    BIT Mining does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.58% of the float of BIT Mining has been sold short.
  • Short Interest Ratio / Days to Cover

    BIT Mining has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in BIT Mining has recently decreased by 4.48%, indicating that investor sentiment is improving.
  • News Sentiment

    BIT Mining has a news sentiment score of -0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.87 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for BIT Mining this week, compared to 1 article on an average week.
  • MarketBeat Follows

    2 people have added BIT Mining to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, BIT Mining insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    19.68% of the stock of BIT Mining is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 5.34% of the stock of BIT Mining is held by institutions.

  • Read more about BIT Mining's insider trading history.
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BTCM Stock Analysis - Frequently Asked Questions

BIT Mining's stock was trading at $2.52 at the beginning of 2025. Since then, BTCM stock has decreased by 29.0% and is now trading at $1.79.
View the best growth stocks for 2025 here
.

BIT Mining Limited (NYSE:BTCM) posted its earnings results on Friday, February, 28th. The company reported ($0.16) EPS for the quarter. The business earned $8.79 million during the quarter, compared to analyst estimates of $16.40 million.

BIT Mining shares reverse split on the morning of 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 closing bell 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.

BIT Mining's top institutional shareholders include SBI Securities Co. Ltd. (0.15%), Citadel Advisors LLC and Concourse Financial Group Securities Inc..

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.

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
3/28/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Data processing & preparation
Sub-Industry
Business Services
Current Symbol
NYSE:BTCM
Employees
150
Year Founded
N/A

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
1.79
P/E Growth
N/A
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$32.92 million
Price / Cash Flow
N/A
Book Value
$2.26 per share
Price / Book
0.79

Miscellaneous

Free Float
12,107,000
Market Cap
$26.98 million
Optionable
Optionable
Beta
2.61
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This page (NYSE:BTCM) was last updated on 3/29/2025 by MarketBeat.com Staff
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