BIT Mining (500.com) (BTCM)

Cash on Hand as of December 2023 : C$4.5 Million

According to BIT Mining (500.com)'s latest financial reports the company has C$4.5 Million in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

BIT Mining (500.com) - Cash on Hand chart (from 2021 to 2021)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	C$10.59 M	-52.95%
2021-12-31	C$22.51 M	143.5%
2020-12-31	C$9.24 M	-10.12%
2019-12-31	C$10.28 M	-33.22%
2018-12-31	C$15.4 M	-9.78%
2017-12-31	C$17.07 M	-61.16%
2016-12-31	C$43.97 M	-19.99%
2015-12-31	C$54.96 M	87.22%
2014-12-31	C$29.35 M	52%
2013-12-31	C$19.31 M	2295.3%
2012-12-31	C$0.8 M	-53.91%
2011-12-31	C$1.74 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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BIT Mining (500.com) (BTCM) - Cash on Hand