BTCM (BIT Mining) Other Net Income (Loss) : $-3.33 Mil (TTM As of Jun. 2024)

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What is BIT Mining Other Net Income (Loss)?

BIT Mining's Other Net Income (Loss) for the three months ended in Jun. 2024 was $0.00 Mil. Its Other Net Income (Loss) for the trailing twelve months (TTM) ended in Jun. 2024 was $-3.33 Mil.

BIT Mining's quarterly Other Net Income (Loss) declined from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($-2.55 Mil) but then increased from Dec. 2023 ($-2.55 Mil) to Jun. 2024 ($0.00 Mil).

BIT Mining's annual Other Net Income (Loss) declined from Dec. 2021 ($-34.84 Mil) to Dec. 2022 ($-79.01 Mil) but then increased from Dec. 2022 ($-79.01 Mil) to Dec. 2023 ($-3.33 Mil).

BIT Mining Other Net Income (Loss) Historical Data

The historical data trend for BIT Mining's Other Net Income (Loss) 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.

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BIT Mining Other Net Income (Loss) Chart

BIT Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Net Income (Loss)

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-20.01

-8.78

-34.84

-79.01

-3.33

BIT Mining Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Other Net Income (Loss)	Get a 7-Day Free Trial															-	-0.77	-	-2.55	-

BIT Mining Other Net Income (Loss) Calculation

Different companies can and do choose to report each of income statement items separately. Yet, there are a variety of items which are simply too numerous to list. Therefore GuruFocus uses a standardized financial statement format for all companies. Other Net Income (Loss) may include but is not limited to items such as net income (loss) from discontinuing operations, extraordinary, earnings from equity interest net of tax, etc. After-tax income and Other Net Income (Loss) together constitute Net Income Including Noncontrolling Interests.

Other Net Income (Loss) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.33 Mil.

BIT Mining Other Net Income (Loss) Related Terms

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BIT Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BIT Mining Ltd (NYSE:BTCM) » Definitions » Other Net Income (Loss)

Comparable Companies

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 plan to encompass the whole cryptocurrency value chain. Its business covers cryptocurrency mining, mining pool, data center operation and mining machine manufacturing. The company has a 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.