Bit Mining Stock Analysis

BTCM Stock  USD 3.64  0.42  10.34%   
BIT Mining is undervalued with Real Value of 3.92 and Hype Value of 4.2. The main objective of BIT Mining stock analysis is to determine its intrinsic value, which is an estimate of what BIT Mining is worth, separate from its market price. There are two main types of BIT Mining's stock analysis: fundamental analysis and technical analysis.
The BIT Mining stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. BIT Mining is usually not traded on Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day. BIT Stock trading window is adjusted to America/New York timezone.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BIT Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in BIT Stock, please use our How to Invest in BIT Mining guide.

BIT Stock Analysis Notes

The company has price-to-book (P/B) ratio of 1.14. Some equities with similar Price to Book (P/B) outperform the market in the long run. BIT Mining recorded a loss per share of 1.0. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 23rd of December 2022. BIT Mining Limited operates as a cryptocurrency mining company. BIT Mining Limited was founded in 2001 and is headquartered in Hong Kong. Bit Mining operates under Information Technology Services classification in the United States and is traded on New York Stock Exchange. It employs 153 people. For more info on BIT Mining please contact Xianfeng Yang at 346 204 8537 or go to https://www.btcm.group.

BIT Mining Quarterly Total Revenue

8.79 Million

BIT Mining Investment Alerts

BIT Mining is way too risky over 90 days horizon
BIT Mining appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 32.92 M. Net Loss for the year was (6.85 M) with profit before overhead, payroll, taxes, and interest of 2.98 M.
BIT Mining currently holds about 22.56 M in cash with (32.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.26.
BIT Mining has a very weak financial position based on the latest SEC disclosures
Latest headline from news.google.com: Bitcoin News Today Coinbase Stock Rises 5 percent on Regulatory Compliance and User Growth, MicroStrategy Drops 3 percent on Bitcoin Fluctuations - AInvest

BIT Mining Upcoming and Recent Events

16th of February 2024
Upcoming Quarterly Report
View
4th of June 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
16th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

BIT Largest EPS Surprises

Earnings surprises can significantly impact BIT Mining's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2015-02-11
2014-12-312.652.3-0.3513 
2014-02-21
2013-12-311.151.50.3530 
2015-07-29
2015-06-30-0.8-1.4-0.675 
View All Earnings Estimates

BIT Mining Environmental, Social, and Governance (ESG) Scores

BIT Mining's ESG score is a quantitative measure that evaluates BIT Mining's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of BIT Mining's operations that may have significant financial implications and affect BIT Mining's stock price as well as guide investors towards more socially responsible investments.

BIT Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Wr Wealth Planners, Llc2024-12-31
20.0
Bank Of America Corp2025-03-31
20.0
Tower Research Capital Llc2025-03-31
19.0
Northwestern Mutual Wealth Management Co2025-03-31
10.0
Advisor Group Holdings, Inc.2025-03-31
1.0
Simplex Trading, Llc2025-03-31
0.0
Xtx Topco Ltd2024-12-31
0.0
Sc China Holding Ltd2025-03-31
350.4 K
Susquehanna International Group, Llp2025-03-31
77.5 K
Ubs Group Ag2025-03-31
38.1 K
Sbi Securities Co Ltd2025-03-31
23 K
Note, although BIT Mining's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

BIT Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 58.07 M.

BIT Profitablity

The company has Profit Margin (PM) of 0.37 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.65) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.65.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.09)(0.09)
Return On Capital Employed(0.14)(0.15)
Return On Assets(0.08)(0.08)
Return On Equity(0.12)(0.12)

Management Efficiency

BIT Mining has return on total asset (ROA) of (0.0885) % which means that it has lost $0.0885 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1525) %, meaning that it created substantial loss on money invested by shareholders. BIT Mining's management efficiency ratios could be used to measure how well BIT Mining manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of July 2025, Return On Tangible Assets is likely to drop to -0.09. In addition to that, Return On Capital Employed is likely to drop to -0.15. At this time, BIT Mining's Total Assets are very stable compared to the past year. As of the 22nd of July 2025, Non Currrent Assets Other is likely to grow to about 31.5 M, while Other Assets are likely to drop 0.95.
Last ReportedProjected for Next Year
Book Value Per Share 5.70  5.41 
Tangible Book Value Per Share 4.75  4.52 
Enterprise Value Over EBITDA(421.24)(400.18)
Price Book Value Ratio 0.52  0.49 
Enterprise Value Multiple(4.32)(4.10)
Price Fair Value 0.52  0.49 
Enterprise Value372 B409.9 B
BIT Mining showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Operating Margin
(0.65)
Profit Margin
0.3667
Beta
3.149
Return On Assets
(0.09)
Return On Equity
(0.15)

Technical Drivers

As of the 22nd of July, BIT Mining shows the mean deviation of 7.28, and Risk Adjusted Performance of 0.136. BIT Mining technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm BIT Mining variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if BIT Mining is priced favorably, providing market reflects its regular price of 3.64 per share. Given that BIT Mining has jensen alpha of 2.3, we suggest you to validate BIT Mining's prevailing market performance to make sure the company can sustain itself in the future.

BIT Mining Price Movement Analysis

The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Simple Moving Average indicator is calculated by adding the closing price of BIT Mining for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out BIT Mining short-term fluctuations and highlight longer-term trends or cycles.

BIT Mining Outstanding Bonds

BIT Mining issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. BIT Mining uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most BIT bonds can be classified according to their maturity, which is the date when BIT Mining has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

BIT Mining Predictive Daily Indicators

BIT Mining intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of BIT Mining stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

BIT Mining Forecast Models

BIT Mining's time-series forecasting models are one of many BIT Mining's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary BIT Mining's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About BIT Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how BIT Mining prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling BIT shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as BIT Mining. By using and applying BIT Stock analysis, traders can create a robust methodology for identifying BIT entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.21)(0.22)
Operating Profit Margin(0.33)(0.34)
Net Loss(0.20)(0.21)
Gross Profit Margin 0.09  0.09 

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding BIT Mining to your portfolios without increasing risk or reducing expected return.

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Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
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When determining whether BIT Mining is a strong investment it is important to analyze BIT Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BIT Mining's future performance. For an informed investment choice regarding BIT Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BIT Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in BIT Stock, please use our How to Invest in BIT Mining guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BIT Mining. If investors know BIT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BIT Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.00)
Revenue Per Share
2.81
Quarterly Revenue Growth
(0.35)
Return On Assets
(0.09)
Return On Equity
(0.15)
The market value of BIT Mining is measured differently than its book value, which is the value of BIT that is recorded on the company's balance sheet. Investors also form their own opinion of BIT Mining's value that differs from its market value or its book value, called intrinsic value, which is BIT Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BIT Mining's market value can be influenced by many factors that don't directly affect BIT Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BIT Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIT Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIT Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.