BIT Mining (BIT Mining) Other Operating Expense : $2.2 Mil (TTM As of Sep. 2023)

View and export this data going back to 2013. Start your Free Trial

What is BIT Mining Other Operating Expense?

BIT Mining's Other Operating Expense for the three months ended in Sep. 2023 was $1.1 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Sep. 2023 was $2.2 Mil.

BIT Mining's quarterly Other Operating Expense declined from Mar. 2023 ($0.9 Mil) to Jun. 2023 ($0.1 Mil) but then increased from Jun. 2023 ($0.1 Mil) to Sep. 2023 ($1.1 Mil).

BIT Mining's annual Other Operating Expense increased from Dec. 2020 ($-0.3 Mil) to Dec. 2021 ($14.4 Mil) but then declined from Dec. 2021 ($14.4 Mil) to Dec. 2022 ($4.9 Mil).

BIT Mining Other Operating Expense Historical Data

The historical data trend for BIT Mining's Other Operating Expense 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 Operating Expense Chart

BIT Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

Get a 7-Day Free Trial

0.51

-0.28

14.39

4.86

1.27

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 Operating Expense	Get a 7-Day Free Trial															3.88	0.86	0.12	1.11	0.11

BIT Mining Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.2 Mil.

BIT Mining Other Operating Expense Related Terms

Thank you for viewing the detailed overview of BIT Mining's Other Operating Expense provided by GuruFocus.com. Please click on the following links to see related term pages.

BIT Mining (BIT Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BIT Mining Ltd (NYSE:BTCM) » Definitions » Other Operating Expense

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 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.