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Bitcoin Share

BIT Mining Limited: A Crypto Company With A Lot To Prove

BIT Mining Limited: A Crypto Company With A Lot To Prove


Seeking Alpha
2021-08-26 21:05:21

Having shed its legacy non-crypto assets, BIT Mining Limited is a China-based company trying to (paradoxically) make a name for itself in the crypto space.The company's Q2 2021 operating results and Q2 2021 balance sheet are not particularly impressive, and the balance sheet includes ownership of speculative Dogecoin.The company is subject to further crackdowns by the Chinese government and subject to other regulatory risks.


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