Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

BTCM Relative to the S&P 500

BTCM Relative to the Sector

% of Revenue Generated in Each Quarter

% of Free Cash Flow Generated in Each Quarter

% of Net Income Generated in Each Quarter

Seasonal Chart Analysis

Analysis of the BIT Mining Limited (NYSE:BTCM) seasonal charts above shows that a Buy Date of November 21 and a Sell Date of February 21 has resulted in a geometric average return of 32.27% above the benchmark rate of the S&P 500 Total Return Index over the past 11 years. This seasonal timeframe has shown positive results compared to the benchmark in 7 of those periods. This is a fair rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 11 years by an average of 75.97% per year.

The seasonal timeframe correlates Fairly Well with the period of seasonal strength for the Technology sector, which runs from October 9 to February 15. The seasonal chart for the broad sector is available via the following link: Technology Sector Seasonal Chart.

BIT Mining Ltd is a cryptocurrency mining company, with a long-term plan?to encompass the whole cryptocurrency value chain. Its business covers cryptocurrency mining, mining pool, data center operation and mining machine manufacturing. The company has a?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.

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Stocks mentioned in this post: BTCM