BTCM has been in the news 375% more than usual
Jul 14, 2025, 6:32 PM
-2.99%
What does BTCM do
BIT Mining holds digital assets related to cryptocurrency mining and operates mining machines primarily for Bitcoin and, to a lesser extent, Ether. The company employs 75 staff and went public on November 22, 2013.
BTCM has been in the news recently: BIT Mining Limited has successfully completed the second phase of its acquisition in Ethiopia, which includes an addition of 51 megawatts of power capacity and the issuance of over 45 million shares. Meanwhile, the company's gains reflect a 15% increase in revenue for the quarter, indicating strong growth in key markets.
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