{"id":42323,"date":"2025-08-15T06:31:33","date_gmt":"2025-08-15T06:31:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42323"},"modified":"2025-08-15T06:31:33","modified_gmt":"2025-08-15T06:31:33","slug":"bit-mining-stock-sinks-8-after-hours-after-company-reports-deeper-than-expected-loss","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42323","title":{"rendered":"BIT Mining Stock Sinks 8% After-Hours After Company Reports Deeper-Than-Expected Loss"},"content":{"rendered":"<div>\n<p><strong>BIT Mining Ltd.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BTCM#NASDAQ\">BTCM<\/a>) stock plunged 8% in Thursday&#8217;s after-hours trading after the cryptocurrency mining company&#8217;s half-yearly earnings disappointed investors.<\/p>\n<p>BTCM shares are retreating from recent levels. <a href=\"https:\/\/www.benzinga.com\/quote\/BTCM\">Watch the momentum here.<\/a><\/p>\n<h2 class=\"wp-block-heading\">Revenue Tanks 43%, Costs Shoot Up<\/h2>\n<p>The company reported a loss of $0.87 per American Depositary Share for the six months ending June 30, significantly wider than the $0.05 expected by analysts. Note that each American Depositary Share represents 100 Class A ordinary shares of the company.<\/p>\n<p>The revenue tanked &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/47147621\/bit-mining-stock-sinks-8-after-hours-after-company-reports-deeper-than-expected-loss\" alt=\"BIT\" mining stock sinks after-hours after company reports deeper-than-expected loss>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BIT Mining Ltd. (NASDAQ:BTCM) stock plunged 8% in Thursday&#8217;s after-hours trading after the cryptocurrency mining company&#8217;s half-yearly earnings disappointed investors. BTCM shares are retreating from recent levels. Watch the momentum here. Revenue Tanks 43%, Costs Shoot Up The company reported a loss of $0.87 per American Depositary Share for the six months ending June 30, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42323","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42323"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42323\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}