Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
BIT Mining Limited Market Cap
From what 0 stock analysts predict, the share price for BIT Mining Limited (BTCM) might decrease by 100% in the next year. This is based on a 12-month average estimation for BTCM. Price targets go from $ to $. The majority of stock analysts believe BTCM is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedBTCM 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect BIT Mining Limited to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BTCM. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BTCM.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Kevin Dede HC Wainwright & Co. | Neutral | Maintains | Jun 1, 2023 | |
| Kevin Dede HC Wainwright & Co. | Neutral | Initiates | Dec 22, 2022 |
When did it IPO
2013
Staff Count
75
Country
United States
Sector/Industry
Technology/Information Technology Services
CEO
Market Cap
$34.1M
In 2023, BTCM generated $43.1M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that BTCM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 18 Nov 2024
Sentiment - NEUTRAL
Source - Newsfile Corp
Summary - The SEC announced actions regarding BIT Mining Ltd. on November 18, 2024. Investors should monitor developments for potential impacts on the company's operations and stock performance.
Why It Matters - The SEC's announcement regarding BIT Mining Ltd. could impact investor sentiment and stock prices, reflecting regulatory scrutiny and potential compliance issues in the cryptocurrency sector.
Wed, 02 Oct 2024
Sentiment - NEGATIVE
Source - GuruFocus
Summary - Bit Mining (BTCM) stock fell 5.60% to $2.19, with a trading volume of 29,727 shares and a turnover rate of 0.27%. The stock exhibited an amplitude of 6.90%.
Why It Matters - Bit Mining's 5.60% stock price drop and low turnover indicate declining investor confidence, potentially signaling further volatility and risk for current and prospective shareholders.
Mon, 04 Mar 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - BIT Mining Limited has completed the sale of its mining pool business, BTC.com, to Esport – Win Limited for $5 million. The transaction is now finalized.
Why It Matters - BIT Mining's sale of its mining pool business for $5 million could signal a strategic shift, impacting its financial health and future growth prospects in the cryptocurrency sector.
Fri, 23 Feb 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - BIT Mining Limited (NYSE: BTCM) reported its Q4 2023 financial results and announced a deal to sell its mining pool business to Esport – Win Limited for $5 million.
Why It Matters - BIT Mining's sale of its mining pool business for $5 million signals a strategic shift, potentially impacting revenue streams and future growth prospects, influencing investor sentiment and stock performance.
Thu, 08 Feb 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - BIT Mining Limited (NYSE: BTCM) will release its unaudited Q4 and full-year 2023 financial results on February 23, 2024, after U.S. market close.
Why It Matters - The upcoming release of BIT Mining's financial results could impact its stock price and investor sentiment, reflecting the company's performance and market position in the cryptocurrency sector.
Fri, 29 Dec 2023
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - BIT Mining Limited will sell its BTC.com mining pool business to Esport – Win Limited for $5 million, boosting shareholders' equity by around $16 million due to $11 million in net liabilities.
Why It Matters - The sale of BTC.com boosts BIT Mining's shareholders' equity by $16 million, improving financial health and potentially enhancing stock value.
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