BIT Mining
BIT Mining is a cryptocurrency mining enterprise that acquires cryptocurrency mining machines to mine for both Bitcoin and Ethereum.
Business Model:
Revenue: $1.6B
Employees: 201-500
Industries / Tags:
Detailed BIT Mining Information
Geographic Data
Address: Core F, Cyberport 3, 100 Cyberport Road
City: Hong Kong
State: other
Zip:
Country: HK
Financial Info
Stage:
post ipo equity
Raised Last:
$16M
Raised Total:$25M
Social
Metrics
0Website Global Rank
0Website Monthly Traffic
Twitter Followers
Description
BIT Mining is a cryptocurrency mining enterprise that acquires cryptocurrency mining machines to mine for both Bitcoin and Ethereum. The company was originally an online sports lottery service provider that aggregates and processes lottery purchase orders. It derives nearly all of its revenue from service fees paid by local sports lottery administration centers for the purchase orders of sports lottery products directed to such centers. BIT Mining Limited was founded in October 2001 in Shenzhen as 500wan.com Ltd., with a registered capital of RMB 50 million. The company secured venture capital investments of several million U.S. dollars from IDG Capital Partners, Sequoia Capital, and SIG Capital in September 2007. It changed its name to 500.com in October 2013 and went public on the New York Stock Exchange (NYSE) under the symbol WBAI on November 22, 2013.
Contact Phone:
Contact Email:
BIT Mining went public on 11/25/2013 on the NYSE
Listed Exchange:
NYSE
IPO Date:
11/25/2013
Ticker Symbol:
BTCM
Live
Opened: -/share
| EBITDA | - |
| Total Cash | - |
| Total Debt | - |
| Total Revenue | - |
| Total Profit (Gross) | - |
| PE Ratio | - |
| Announced Date | Company | Transaction | Money Raised |
|---|---|---|---|
| 7/2015 | Aidachu | Series A | 10M |
| 6/2017 | Loto Interactive | Post-IPO Equity | 0 |
| 11/2016 | Qfun | Venture Round | 15.9M |
| 6/2017 | Loto Interactive | Post-IPO Equity | 0 |
| 11/2016 | Qfun | Venture Round | 0 |
| 7/2015 | Aidachu | Series A | 0 |
Startup Industries
Startup Locations
Portfolio Current Status
Portfolio Employee Count
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 8/2022 | Post-IPO Equity | $9.3M | 6/2022 | Post-IPO Equity | $16M | 9/2007 | Series A | 1 | - |
IDG Capital IDG Capital |
10/2013 | Convertible Note | 1 | $20M |
Sequoia Capital China Sequoia Capital China Sequoia Capital China Sequoia Capital China |
8/2022 | Post-IPO Equity | $9.3M | 7/2021 | Post-IPO Equity | $50M | 9/2007 | Series A | 1 | - |
IDG Capital IDG Capital |
|---|
| Announced Date | Name | Price |
|---|---|---|
| 4/2021 | Bee Computing | |
| 2/2021 | BTC.com | |
| 12/2015 | Tong Tong Pay |
Employee Departments
Employee States
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Revenue: 0 - 100000 Employees: Industry: Software |
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Revenue: 0 - 100000 Employees: 51 - 500 Industry: Education |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Blockchain |
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Revenue: 0 - 100000 Employees: 11 - 50 Industry: Industrial |
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Revenue: 0 - 100000 Employees: 1 - 10 Industry: Advertising |
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