BIT Mining (500.com) (BTCM)

Cash on Hand as of December 2023 : £2.5 Million

According to BIT Mining (500.com)'s latest financial reports the company has £2.5 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	£6.45 M	-50.7%
2021-12-31	£13.09 M	146%
2020-12-31	£5.32 M	-11.43%
2019-12-31	£6 M	-32.58%
2018-12-31	£8.91 M	-11.35%
2017-12-31	£10.05 M	-62.1%
2016-12-31	£26.52 M	-0.81%
2015-12-31	£26.73 M	64.54%
2014-12-31	£16.24 M	47.72%
2013-12-31	£10.99 M	2092.5%
2012-12-31	£0.5 M	-54.66%
2011-12-31	£1.1 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