500.com Overview

  • Founded
  • 2001
Founded
  • Status
  • Public
  • Employees
  • 138
Employees
  • Stock Symbol
  • BTCM
Stock Symbol
  • Investments
  • 7
  • Share Price
  • $9.65
  • (As of Thursday Closing)

500.com General Information

Description

BIT Mining Ltd is a cryptocurrency mining company, with a long-term strategy to encompass the whole cryptocurrency value chain. Its business covers cryptocurrency mining, mining pool, data center operation and mining machine manufacturing. The company has significant and growing deployed Bitcoin mining machine capacity, owns three hydroelectric cryptocurrency mines with combined power capacity of 435MW and the entire mining pool business operated under BTC.com, including the domain name and wallet. It has also entered into a definitive agreement to acquire a 7 nanometer cryptocurrency mining machine manufacturer "Bee Computing", completing its vertical integration, making self-sufficient while also strengthening competitive position.

Contact Information

Website
www.500.com
Formerly Known As
500wan.com
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Other Consumer Products and Services
Other Industries
Media and Information Services (B2B)
Internet Software
Stock Exchange
NYS
Primary Office
  • Floor 7-15, Block B, Building 7
  • Shenzhen Bay Science and Technology Ecological Park, Nanshan District
  • Shenzhen, 518115
  • China
+86 0755 0000 0000
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500.com Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$9.65 $9.20 $2.51 - $35.00 $515M 56M 586K -$0.59

500.com Financials Summary

In Thousands,
USD
TTM 31-Mar-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018
EV 871,364 337,946 314,598 236,620
Revenue 5,645 3,158 5,744 19,060
EBITDA (26,175) (86,303) (66,916)
Net Income (25,527) (32,311) (94,255) (68,277)
Total Assets 198,223 72,012 99,442 181,216
Total Debt 27,890 1,457 6,910 0
Public Fundamental Data provided by Morningstar, Inc. disclaimer

500.com Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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500.com Executive Team (11)

Name Title Board Seat Contact Info
Zhaofu Tian Chief Executive Officer & Chief Technology Officer, Technology
Zhengming Pan JD Chief Executive Officer & Board Member
Xianfeng Yang Chief Executive Officer
Qiang Yuan Chief Financial Officer, Finance
Liu Leung Chief Risk Officer
You’re viewing 5 of 11 executive team members. Get the full list »

500.com Board Members (12)

Name Representing Role Since
Bo Yu 500.com Board Member 000 0000
Honghui Deng 500.com Board Member 000 0000
Qian Sun 500.com Board Member 000 0000
Shengwu Wu 500.com Chairman & Board Member 000 0000
Yu Wei 500.com Board Member 000 0000
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500.com Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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500.com Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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500.com Investments & Acquisitions (7)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 00000000000 31-Mar-2021 000000000000000000 000.00 Entertainment Software
000.000 18-Feb-2021 000000000000000000 Financial Software
000 0000000000 17-Jul-2017 000000000000000000 000.00 Casinos and Gaming 000000000 000000
0000 00000000000 06-Jun-2017 0000 000.00 Entertainment Software 000000000 000000
Qufan Internet Technology 28-Nov-2016 Merger/Acquisition 000.00 Holding Companies
You’re viewing 5 of 7 investments and acquisitions. Get the full list »

500.com Subsidiaries (2)

Company Name Industry Location Founded
Loto Interactive Entertainment Software Hong Kong, Hong Kong 1998
000.000 Financial Software Los Angeles, CA
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500.com Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000 00000000 000 28-Nov-2016 000000000000000000 000.00 Completed
  • 000.000
Zhejiang Shangmeng Technology 20-Dec-2015 Merger/Acquisition 000.00 Completed
To view 500.com’s complete exits history, request access »