BIT Mining Plunges 8.77% Ahead of Earnings Report

On August 14, 2025, BIT Mining's stock experienced a significant drop of 8.77% in pre-market trading, marking a notable decline in its share price.

BIT Mining is scheduled to release its second-quarter 2025 financial results on August 14, 2025. The company has been shifting its focus towards Solana (SOL) treasury operations, which could impact its financial performance and investor sentiment.

Analysts have projected that BIT Mining will report a quarterly loss of $0.04 per share on revenue of $9.22 million. This estimate suggests that the company may face challenges in achieving profitability in the near term, which could contribute to the recent decline in its stock price.

BIT Mining's upcoming earnings report is highly anticipated by investors, as it will provide insights into the company's financial health and strategic direction. The company's focus on Solana treasury operations and its expected financial performance will be key factors to watch in the coming weeks.