BIT Mining (BTCM) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
BIT Mining Limited, a cryptocurrency mining company, reported a decrease in total assets from $72,596,000 as of December 31, 2023, to $63,278,000 by June 30, 2024, according to their unaudited interim condensed consolidated balance sheets. During the same period, total liabilities decreased significantly from $47,464,000 to $17,395,000. The company’s revenue also saw a decline from $21,055,000 in the first half of 2023 to $19,359,000 in the first half of 2024.
For further insights into BTCM stock, check out TipRanks’ Stock Analysis page.