BIT Mining (500.com) (BTCM)

Cash on Hand as of December 2023 : HK$25.2 Million

According to BIT Mining (500.com)'s latest financial reports the company has HK$25.2 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	HK$61 M	-55.72%
2021-12-31	HK$0.13 B	145.04%
2020-12-31	HK$56.22 M	-8.36%
2019-12-31	HK$61.35 M	-30.73%
2018-12-31	HK$88.58 M	-16.54%
2017-12-31	HK$0.10 B	-58.17%
2016-12-31	HK$0.25 B	-17.37%
2015-12-31	HK$0.30 B	56.5%
2014-12-31	HK$0.19 B	39.47%
2013-12-31	HK$0.14 B	2138.47%
2012-12-31	HK$6.28 M	-52.95%
2011-12-31	HK$13.35 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