BIT Mining (500.com) (BTCM)

Net assets on the balance sheet as of December 2023 : £20 Million

According to BIT Mining (500.com)'s latest financial reports the company has £20 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

BIT Mining (500.com) - Net assets on balance sheet (from 2021 to 2021)

Net assets by year

Year	Net assets	Change
2022-12-31	$£43.91 M	-71.12%
2021-12-31	$£0.15 B	2158.79%
2020-12-31	$£6.73 M	-24.18%
2019-12-31	$£8.87 M	-51.77%
2018-12-31	$£18.41 M	-29.98%
2017-12-31	$£26.29 M	-13.48%
2016-12-31	$£30.39 M	1.53%
2015-12-31	$£29.93 M	60.16%
2014-12-31	$£18.68 M	39.68%
2013-12-31	$£13.37 M	-32221.5%
2012-12-31	$-£0.05 Million	-103.44%
2011-12-31	$£1.21 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) - Net assets