BTCM

BIT Mining

2.98 USD
-0.02
0.67%
At close Updated Sep 12, 4:00 PM EDT
Pre-market
After hours
2.88
-0.10
3.36%
1 day
-0.67%
5 days
14.18%
1 month
3.83%
3 months
37.33%
6 months
61.08%
Year to date
10.37%
1 year
38.6%
5 years
-91.08%
10 years
-97.97%
 

About: BIT Mining Ltd is a cryptocurrency mining company, with a long-term plan to encompass the whole cryptocurrency value chain. Its business covers cryptocurrency mining, mining pool, data center operation and mining machine manufacturing. The company has a related and growing deployed Bitcoin mining machine capacity, owns three hydroelectric cryptocurrency mines with combined power capacity of 435MW and the entire mining pool business operated under BTC.com, including the domain name and wallet. It has also entered into a definitive agreement to acquire a 7 nanometer cryptocurrency mining machine manufacturer "Bee Computing", completing its vertical integration, making self-sufficient while also strengthening competitive position.

Employees: 56

0
Funds holding %
of 7,462 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

121% more call options, than puts

Call options by funds: $62K | Put options by funds: $28K

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

50% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 2

24% more capital invested

Capital invested by funds: $903K [Q1] → $1.12M (+$214K) [Q2]

14% more funds holding

Funds holding: 14 [Q1] → 16 (+2) [Q2]

3.37% more ownership

Funds ownership: 0.04% [Q1] → 3.42% (+3.37%) [Q2]

Financial journalist opinion

Based on 3 articles about BTCM published over the past 30 days

Neutral
PRNewsWire
3 days ago
BIT Mining Continues Solana Strategy with 17,221 SOL Purchase
The Company, soon to be renamed SOLAI Limited, now holds 44,412 SOL in its treasury AKRON, Ohio , Sept. 11, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency infrastructure company, today announced the purchase of an additional 17,221 SOL to add to the Company's growing SOL treasury.
BIT Mining Continues Solana Strategy with 17,221 SOL Purchase
Neutral
PRNewsWire
19 days ago
BIT Mining Limited Launches DOLAI, a USD-backed Stablecoin on Solana, Expanding in AI-Powered Financial Infrastructure
AKRON, Ohio , Aug. 26, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency infrastructure company, today announced the launch of DOLAI, a U.S. dollar ("USD")-backed stablecoin designed to connect AI agents, merchants, consumers, and institutional finance on Solana's high-speed blockchain ecosystem, with planned expansion into broader multi-chain interoperability. DOLAI is being launched in collaboration with Brale Inc. ("Brale"), a partner ensuring robust compliance standards.
BIT Mining Limited Launches DOLAI, a USD-backed Stablecoin on Solana, Expanding in AI-Powered Financial Infrastructure
Neutral
PRNewsWire
25 days ago
BIT Mining Attempts to Rebrand as SOLAI to Reflect Strategic Shift Toward the Solana Ecosystem
AKRON, Ohio , Aug. 20, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) (the "Company"), a leading technology-driven cryptocurrency company, today announced that it seeks to rebrand to SOLAI (NYSE: SLAI), a name that reflects the Company's strategic transformation and commitment to building an on-chain intelligent financial infrastructure. The new brand identity underscores the Company's evolution from a pure-play cryptocurrency miner into a broader digital assets company focused on next-generation blockchain infrastructure, decentralized finance, and smart contract innovation.
BIT Mining Attempts to Rebrand as SOLAI to Reflect Strategic Shift Toward the Solana Ecosystem
Neutral
PRNewsWire
1 month ago
BIT Mining Limited Announces Unaudited Financial Results for the Six Months Ended June 30, 2025
AKRON, Ohio , Aug. 14, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency infrastructure company, today reported its unaudited financial results for the six months ended June 30, 2025. On December 9, 2024, the Company completed the first closing of acquisition of cryptocurrency mining data centers and Bitcoin ("BTC") mining machines in Ethiopia.
BIT Mining Limited Announces Unaudited Financial Results for the Six Months Ended June 30, 2025
Neutral
PRNewsWire
1 month ago
BIT Mining Limited to Report Second Quarter 2025 Financial Results on August 14, 2025
AKRON, Ohio , Aug. 11, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency infrastructure company, today announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2025, after the U.S. market close on Thursday, August 14, 2025. About BIT Mining Limited BIT Mining Limited (NYSE: BTCM) is a technology-driven cryptocurrency asset company that is strategically transitioning its core business toward Solana ("SOL") treasury operations.
BIT Mining Limited to Report Second Quarter 2025 Financial Results on August 14, 2025
Neutral
PRNewsWire
1 month ago
BIT Mining Advances Solana Strategy with 27,191 SOL Purchase and Validator Launch
Company begins staking self-acquired SOL through newly launched validator, reinforcing long-term commitment to the Solana ecosystem AKRON, Ohio , Aug. 5, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency infrastructure company, today announced the launch of its first Solana ("SOL") validator, alongside the initial purchase of 27,191 SOL (at an aggregate purchase price of approximately US$4.89 million) to establish the Company's growing SOL treasury. This milestone follows the Company's July 10 announcement outlining a strategic shift into the Solana ecosystem, backed by plans to raise up to $300 million for SOL acquisitions and infrastructure development.
BIT Mining Advances Solana Strategy with 27,191 SOL Purchase and Validator Launch
Positive
Seeking Alpha
1 month ago
Bit Mining: Undervalued, Unproven, And Eyeing Solana
Bit Mining's pivot to a Solana treasury strategy introduces speculative upside, especially if SOL rallies and the company executes its planned crypto purchases. Despite declining revenues, Bit Mining has improved operational efficiency, narrowed losses, and deleveraged its balance sheet, but ongoing dilution remains a key risk. BTCM trades below book value and at modest sales multiples, positioning it as a high-risk, leveraged crypto proxy if Solana outperforms in this bull cycle.
Bit Mining: Undervalued, Unproven, And Eyeing Solana
Positive
Schaeffers Research
2 months ago
135 Public Companies That Hold Bitcoin — And Why It Matters
Since the historic institutional pivot of 2020, Bitcoin has steadily made its way from fringe asset to mainstream corporate treasury tool.
135 Public Companies That Hold Bitcoin — And Why It Matters
Neutral
PRNewsWire
2 months ago
BIT Mining Completes Second Phase of Acquisition in Ethiopia
AKRON, Ohio , July 14, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency asset company , today announced the completion of the second phase of its previously-announced acquisition of crypto mining data centers and Bitcoin mining machines in Ethiopia. On December 3, 2024, the Company entered into a definitive agreement to acquire cryptocurrency mining data centers in Ethiopia.
BIT Mining Completes Second Phase of Acquisition in Ethiopia
Neutral
PRNewsWire
2 months ago
BIT Mining Limited Expands into the Solana Ecosystem
An SOL treasury of up to $300 million will highlight strategic expansion AKRON, Ohio , July 10, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced a strategic shift with its expansion into the Solana ecosystem, marking a critical milestone in the Company's long-term growth trajectory. This transition positions BIT Mining to capture emerging opportunities across the broader blockchain value chain, while also attracting investors seeking exposure to the Solana ecosystem.
BIT Mining Limited Expands into the Solana Ecosystem
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