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BIT Mining (BIT Mining) Other Gross PPE : $29.5 Mil (As of Sep. 2023)


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What is BIT Mining Other Gross PPE?

BIT Mining's Other Gross PPE for the quarter that ended in Sep. 2023 was $29.5 Mil.

BIT Mining's quarterly Other Gross PPE declined from Mar. 2023 ($34.7 Mil) to Jun. 2023 ($9.5 Mil) but then increased from Jun. 2023 ($9.5 Mil) to Sep. 2023 ($29.5 Mil).

BIT Mining's annual Other Gross PPE increased from Dec. 2020 ($7.7 Mil) to Dec. 2021 ($10.4 Mil) but then declined from Dec. 2021 ($10.4 Mil) to Dec. 2022 ($6.2 Mil).

BIT Mining Other Gross PPE Historical Data

The historical data trend for BIT Mining's Other Gross PPE can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BIT Mining Other Gross PPE Chart

BIT Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Gross PPE
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.60 7.70 10.36 6.22 26.59

BIT Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Gross PPE Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.22 34.74 9.51 29.46 26.59

BIT Mining Other Gross PPE Calculation

GuruFocus lists Land And Improvements, Buildings And Improvements, Machinery, Furniture, Equipment, Construction In Progress and Other Gross PPE under the "Gross Property, Plant and Equipment" section.

BIT Mining (BIT Mining) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » BIT Mining Ltd (NYSE:BTCM) » Definitions » Other Gross PPE
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Traded in Other Exchanges
50C0:Germany
Address
428 South Seiberling Street, Akron, OH, USA, 44306
Website
https://www.btcm.group
BIT Mining Ltd is a cryptocurrency mining company, with a long-term strategy to encompass the whole cryptocurrency value chain. Its business covers cryptocurrency mining, mining pool, data center operation and mining machine manufacturing. The company has significant and growing deployed Bitcoin mining machine capacity, owns three hydroelectric cryptocurrency mines with combined power capacity of 435MW and the entire mining pool business operated under BTC.com, including the domain name and wallet. It has also entered into a definitive agreement to acquire a 7 nanometer cryptocurrency mining machine manufacturer "Bee Computing", completing its vertical integration, making self-sufficient while also strengthening competitive position.