Analysis: Comparing D-Wave Quantum and BIT Mining

D-Wave Quantum (Nasdaq: QBTS) and BIT Mining (Nasdaq: BTCM) are two technology companies traded on the NYSE that have been compared based on various factors, including dividends, earnings, recommendations, ownership, risk, profitability, and valuation.

BIT Mining operates as a cryptocurrency mining company with a mining data center in Ohio and a mining pool business. It provides bitcoin mining services and sells mining machines. D-Wave Quantum offers quantum computing systems, software, and services worldwide.

In terms of volatility, BIT Mining is 188% more volatile than the S&P 500, with a beta of 2.88, while D-Wave Quantum has a beta of -0.73. This indicates that BIT Mining is riskier than D-Wave Quantum.

D-Wave Quantum outperforms BIT Mining on 8 of the 14 factors compared, including net margins, return on equity, return on assets, gross revenue, earnings per share, and valuation. Institutional investors own 10.4% of D-Wave Quantum shares and 7.7% of BIT Mining shares.

BIT Mining has achieved significant revenue and income growth in recent years while D-Wave Quantum has faced challenges in commercializing its quantum computing technology.

D-Wave Quantum and BIT Mining are two technology companies with different business models and risk profiles. Investors should carefully consider these factors before making investment decisions.

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About the Author

Analysis: Comparing D-Wave Quantum and BIT Mining

Jeffrey Ramson

Jeff Ramson is the Founder and CEO of PCG Holdings. Jeff is also Publisher of Prism MarketView and Fund Manager of ProActive Capital Partners.