BIT Mining Limited (BTCM) Stock Analysis & Investment Frameworks
BIT Mining Limited (BTCM) stock analysis on Invetso. Review BIT Mining Limited’s key financial metrics, company overview and 10 institutional-grade investment frameworks including SWOT Analysis, Economic Moat, Porter’s Five Forces and the Invetso Quality Score.
BIT Mining Limited Company Overview
- Exchange: New York Stock Exchange
- Sector: Technology
- Industry: Information Technology Services
- Country: US
BIT Mining Limited Key Financial Metrics
- Market Cap: $1.30B
- Revenue: $32.92M
- P/E Ratio: 106
- ROE: 29.44%
- ROIC: -12.29%
- Dividend Yield: N/A
About BIT Mining Limited
BIT Mining Limited is a global enterprise primarily engaged in cryptocurrency mining, with operations spanning Mainland China, the United States, and Hong Kong. The company's business is organized into two distinct areas: managing Data Centers and actual Cryptocurrency Mining. A key asset is its substantial 82.5-megawatt cryptocurrency mining data center in Ohio, where it also procures and deploys Bitcoin mining machines. Beyond its core mining activities, BIT Mining Limited also diversifies its operations into online gaming and providing various technology services. Founded in 2001, the company was previously known as 500.com Limited until it rebranded to BIT Mining Limited in April 2021. Its corporate headquarters are located in Akron, Ohio.