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Upturn AI SWOT - About
BIT Mining Ltd (BTCM)
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Upturn Advisory Summary
08/13/2025: BTCM (2-star) is a SELL. SELL since 5 days. Profits (30.20%). Updated daily EoD!
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
0 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
Analysis of Past Performance
Type Stock | Historic Profit 33.12% | Avg. Invested days 39 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/13/2025 |
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. Initially focused on online lottery sales in China, it transitioned into cryptocurrency mining and related businesses after regulatory changes in China. The company has since expanded its operations globally.
Core Business Areas
- Mining Pool: BTC.com is a cryptocurrency mining pool providing services to miners. It allows miners to pool their resources and share rewards based on their contribution to the network's processing power.
- Mining Farm: The company develops and operates mining farms that house cryptocurrency mining machines.
- Mining Machine Manufacturing: BIT Mining engages in the manufacturing and sales of cryptocurrency mining machines.
Leadership and Structure
The leadership team includes a CEO and CFO. The organizational structure is based on functional departments such as operations, finance, and research and development.
Top Products and Market Share
Key Offerings
- BTC.com Mining Pool: BTC.com provides a mining pool service. Market share data is not readily available but it's a prominent pool in the industry. Competitors include Foundry USA, AntPool, and ViaBTC.
- Mining Machines: BIT Mining manufactures and sells mining machines. The market share is not public and depends on the overall mining machine market. Competitors include Bitmain, Canaan, and MicroBT.
Market Dynamics
Industry Overview
The cryptocurrency mining industry is highly competitive and subject to fluctuations in cryptocurrency prices, regulatory changes, and technological advancements.
Positioning
BIT Mining is positioned as a vertically integrated cryptocurrency mining company with operations spanning mining pools, mining farms, and mining machine manufacturing. Their competitive advantage lies in their global presence and diverse operations.
Total Addressable Market (TAM)
The total addressable market is the entire cryptocurrency mining industry revenue, which is in the billions of dollars annually. BIT Mining is positioned to capture a share of this market through its various business segments.
Upturn SWOT Analysis
Strengths
- Vertically integrated operations
- Global presence
- Mining pool expertise
- Mining farm management
- Mining machine manufacturing
Weaknesses
- High dependence on cryptocurrency prices
- Regulatory risk
- Competition in mining hardware market
- Relatively small market capitalization
Opportunities
- Expansion into new geographic markets
- Development of more efficient mining hardware
- Diversification into other blockchain-related services
- Capitalize on new technological advancements
Threats
- Cryptocurrency price volatility
- Increased regulatory scrutiny
- Rising energy costs
- Technological obsolescence
- Competition from larger mining companies
Competitors and Market Share
Key Competitors
- Bit Digital Inc. (BTBT)
- Marathon Digital Holdings, Inc. (MARA)
- Riot Platforms, Inc. (RIOT)
Competitive Landscape
BIT Mining faces competition from larger, more established mining companies. The company's advantages include its vertically integrated operations and global presence. Disadvantages include its smaller market capitalization and higher dependence on cryptocurrency prices.
Major Acquisitions
Bee Computing GmbH
- Year: 2021
- Acquisition Price (USD millions): 35
- Strategic Rationale: Expanding into bitcoin mining machine manufacturing.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is closely tied to cryptocurrency market cycles.
Future Projections: Future growth depends on the company's ability to navigate regulatory changes, maintain competitive mining operations, and develop new products and services. Analyst estimates are required for specific projections.
Recent Initiatives: Recent initiatives include expansion of mining operations in new geographic locations.
Summary
BIT Mining's success hinges on cryptocurrency market stability and its ability to navigate regulatory hurdles. Its vertically integrated approach offers some insulation, but its financial performance remains highly volatile. Expanding its mining operations and technological capabilities are key for future growth, but competition and regulatory uncertainties pose significant risks.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Financial news sources
- Market data providers
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Investment decisions should be based on independent research and consultation with a qualified financial advisor. Cryptocurrency investments are inherently risky.
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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