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Upturn AI SWOT - About
BIT Mining Ltd (BTCM)
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Upturn Advisory Summary
10/28/2025: BTCM (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit 33.12% | Avg. Invested days 39 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 32.23M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 3.15 | 52 Weeks Range 1.22 - 4.27 | Updated Date 06/29/2025 |
52 Weeks Range 1.22 - 4.27 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 36.67% | Operating Margin (TTM) -64.61% |
Management Effectiveness
Return on Assets (TTM) -8.85% | Return on Equity (TTM) -15.25% |
Valuation
Trailing PE - | Forward PE 270.27 | Enterprise Value 32965078 | Price to Sales(TTM) 0.98 |
Enterprise Value 32965078 | Price to Sales(TTM) 0.98 | ||
Enterprise Value to Revenue 1 | Enterprise Value to EBITDA 5.31 | Shares Outstanding 15954000 | Shares Floating 1420017678 |
Shares Outstanding 15954000 | Shares Floating 1420017678 | ||
Percent Insiders 3.44 | Percent Institutions 3.2 |
Upturn AI SWOT
BIT Mining Ltd
Company Overview
History and Background
BIT Mining Ltd, formerly known as 500.com Limited, was founded in 2001 and shifted its focus to cryptocurrency mining in recent years. Initially, it was a sports lottery service provider in China, but regulatory changes led to its transformation into a Bitcoin mining company.
Core Business Areas
- Cryptocurrency Mining: Engages in cryptocurrency mining, primarily focusing on Bitcoin mining. BIT Mining operates mining farms and manages mining pools.
- Mining Pool: Operates BTC.com, a Bitcoin mining pool, facilitating collaborative mining efforts.
- Data Center Operation: Provides data center services for its mining operations and potentially for other blockchain-related services.
Leadership and Structure
The leadership team consists of executives focused on blockchain technology and operations. The organizational structure supports its global mining operations and technology development efforts.
Top Products and Market Share
Key Offerings
- BTC.com Mining Pool: BTC.com is a Bitcoin mining pool where miners combine their computational resources to increase their chances of finding a block and earning rewards. The pool's market share fluctuates based on its hashrate contribution to the overall Bitcoin network. Competitors include Foundry USA, AntPool, and ViaBTC. BTC.com's market share is estimated to be around 3-5%.
- Self-Mining: BIT Mining owns and operates its own mining farms, contributing to its overall Bitcoin production. Revenue generated from self-mining activities constitutes a significant portion of its income. Competitors include Marathon Digital Holdings, Riot Platforms, and Core Scientific.
Market Dynamics
Industry Overview
The cryptocurrency mining industry is characterized by high volatility, technological advancements, and regulatory uncertainty. The industry is increasingly competitive, with larger players consolidating market share.
Positioning
BIT Mining is positioned as a participant in the cryptocurrency mining space, operating both mining pools and its own mining farms. It faces competition from larger, more established players in the industry.
Total Addressable Market (TAM)
The global cryptocurrency mining market is estimated at tens of billions of dollars. BIT Mining holds a small portion of this TAM, aiming to expand its operations and market share.
Upturn SWOT Analysis
Strengths
- Established mining pool (BTC.com)
- In-house mining operations
- Diversified operations
Weaknesses
- High dependence on Bitcoin price
- Geopolitical risk (China)
- Intense competition
Opportunities
- Expansion into other cryptocurrencies
- Development of new mining technologies
- Strategic partnerships
Threats
- Cryptocurrency market volatility
- Regulatory changes
- Increasing mining difficulty
Competitors and Market Share
Key Competitors
- MARA
- RIOT
- CLSK
- HUT
Competitive Landscape
BIT Mining faces intense competition from larger, better-capitalized players in the cryptocurrency mining industry. Its success depends on its ability to innovate and operate efficiently.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been erratic, influenced by Bitcoin's price fluctuations and the company's strategic shifts.
Future Projections: Future projections are highly speculative and depend on the continued adoption of cryptocurrencies and the company's ability to maintain a competitive edge.
Recent Initiatives: Recent initiatives include expansion of mining operations in various locations and exploring opportunities in other blockchain-related ventures.
Summary
BIT Mining Ltd. is a smaller player in the volatile cryptocurrency mining industry, operating mining pools and farms. Its performance is highly dependent on Bitcoin's price, and it faces intense competition. While strategic initiatives could drive growth, regulatory risks and market volatility pose significant challenges. Its small size makes it difficult to succeed in a market filled with titans.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC filings
- Company press releases
- Industry reports
Disclaimers:
This analysis is based on publicly available information and does not constitute financial advice. The cryptocurrency market is highly volatile, and investments in this sector carry significant risks.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About BIT Mining Ltd
Exchange NYSE | Headquaters Akron, OH, United States | ||
IPO Launch date 2013-11-22 | CEO - | ||
Sector Technology | Industry Information Technology Services | Full time employees 56 | Website https://www.btcm.group |
Full time employees 56 | Website https://www.btcm.group | ||
BIT Mining Limited operates as a cryptocurrency mining company in the Mainland China, the United States, and Hong Kong. The company operates through Data Center and Cryptocurrency Mining segments. 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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