Brokers Offer Predictions for BIT Mining FY2025 Earnings

BIT Mining Limited (NYSE:BTCMFree Report) – Research analysts at HC Wainwright issued their FY2025 EPS estimates for shares of BIT Mining in a research note issued on Thursday, December 5th. HC Wainwright analyst K. Dede expects that the company will post earnings of ($1.00) per share for the year. HC Wainwright currently has a “Neutral” rating on the stock.

BIT Mining Stock Performance

BTCM opened at $3.33 on Monday. BIT Mining has a fifty-two week low of $1.79 and a fifty-two week high of $6.95. The firm’s fifty day moving average is $2.79 and its 200 day moving average is $2.65. The stock has a market cap of $37.01 million, a price-to-earnings ratio of -2.54 and a beta of 2.54.

Institutional Trading of BIT Mining

An institutional investor recently bought a new position in BIT Mining stock. XTX Topco Ltd purchased a new stake in BIT Mining Limited (NYSE:BTCMFree Report) during the second quarter, according to its most recent filing with the SEC. The fund purchased 22,288 shares of the company’s stock, valued at approximately $59,000. XTX Topco Ltd owned about 0.20% of BIT Mining as of its most recent filing with the SEC. 5.34% of the stock is owned by institutional investors and hedge funds.

BIT Mining Company Profile

(Get Free Report)

BIT Mining Limited operates as a cryptocurrency mining company in the Mainland China, the United States, and Hong Kong. The company operates in two segments: Data Center and Cryptocurrency Mining. It operates a cryptocurrency mining data center in Ohio with power capacity of 82.5 megawatts; and purchases and deploys bitcoin mining machines.

See Also

Receive News & Ratings for BIT Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BIT Mining and related companies with MarketBeat.com's FREE daily email newsletter.