SOLAI Limited (SLAI)Technology | Information Technology Services | Akron, United States | NYSE
3.14 USD
-0.10
(-3.086%) ⇩
(July 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 2:53 a.m. EDT
The investment case for SOLAI is effectively broken by a combination of catastrophic fundamentals and overwhelming market skepticism. The company is hemorrhaging cash with gross margins of -45%, operating losses exceeding 60%, and negative equity, all while reporting declining revenues. The market has already punished this reality hard, sending shares tumbling from a high of $38.50 to under $3.50, yet the damage is far from done. The news of a proposed buyout at $3.069 per ADS confirms that the current price is likely a premium to the eventual liquidation value, which will likely be pennies on the dollar given the debt load and lack of viable operations. Furthermore, the company faces an existential threat regarding its listing status, having fallen below the NYSE's $50 million market cap threshold. Options data reflects this despair perfectly, with speculators buying deep out-of-the-money puts to bet on a continued collapse or a distressed exit. There is no catalyst for a recovery here; the business model is failing, the balance sheet is impaired, and the liquidity is drying up. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.331442 |
| AutoETS | 0.350100 |
| MSTL | 0.359571 |
| AutoARIMA | 0.362344 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 27% |
| H-stat | 128.27 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.056 |
| Excess Kurtosis | -1.67 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 5.555 |
| Revenue per Share | 10.282 |
| Market Cap | 14,086,766 |
| Forward P/E | -157.00 |
| Beta | 3.03 |
| Profit Margins | -134.63% |
| Previous Name | 500.com Limited |
| Website | https://www.solai.com |
As of July 11, 2026, 2:53 a.m. EDT: Speculators are overwhelmingly positioned for downside protection, with massive open interest in deep out-of-the-money puts (strikes at $1.00 and $3.00) expiring in late 2027 and early 2028. Call activity is negligible and concentrated in the money, while put volume significantly outweighs call volume across all expirations. This heavy put positioning suggests a strong consensus expectation of further price weakness or a potential delisting event.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.88846815 |
| Address1 | 428 South Seiberling Street |
| All Time High | 3,780.0 |
| All Time Low | 2.59 |
| Ask | 4.0 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 41,814 |
| Average Daily Volume3 Month | 28,744 |
| Average Volume | 28,744 |
| Average Volume10Days | 41,814 |
| Beta | 3.03 |
| Bid | 2.52 |
| Bid Size | 100 |
| Book Value | 1.484 |
| City | Akron |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 3.14 |
| Current Ratio | 1.561 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 3.27 |
| Day Low | 3.1001 |
| Debt To Equity | 5.555 |
| Display Name | SOLAI |
| Earnings Timestamp | 1,779,825,600 |
| Earnings Timestamp End | 1,787,256,000 |
| Earnings Timestamp Start | 1,787,256,000 |
| Ebitda | -5,089,000 |
| Ebitda Margins | -0.20918 |
| Enterprise To Ebitda | -1.72 |
| Enterprise To Revenue | 0.36 |
| Enterprise Value | 8,751,998 |
| Eps Forward | -0.02 |
| Eps Trailing Twelve Months | -14.0 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 4.307 |
| Fifty Day Average Change | -1.167 |
| Fifty Day Average Change Percent | -0.27095425 |
| Fifty Two Week Change Percent | -88.84682 |
| Fifty Two Week High | 32.27 |
| Fifty Two Week High Change | -29.130001 |
| Fifty Two Week High Change Percent | -0.902696 |
| Fifty Two Week Low | 2.59 |
| Fifty Two Week Low Change | 0.5500002 |
| Fifty Two Week Low Change Percent | 0.21235529 |
| Fifty Two Week Range | 2.59 - 32.27 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,385,130,600,000 |
| Float Shares | 2,480,930 |
| Forward Eps | -0.02 |
| Forward P E | -157.00002 |
| Full Exchange Name | NYSE |
| Full Time Employees | 63 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | -0.44866002 |
| Gross Profits | -10,915,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.02396 |
| Held Percent Institutions | 0.02063 |
| Implied Shares Outstanding | 4,486,231 |
| Industry | Information Technology Services |
| Industry Disp | Information Technology Services |
| Industry Key | information-technology-services |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,783,296,000 |
| Last Split Factor | 1:7 |
| Long Business Summary | SOLAI Limited operates as a technology-driven crypto currency infrastructure company. It operates cryptocurrency mining machines that perform blockchain computations, as well as data centers that provide rack space, utility, and cloud services, such as virtual services, virtual storage and data backup services to third-party cryptocurrency mining companies. The company was formerly known as BIT Mining Limited and changed its name to SOLAI Limited in October 2025. SOLAI Limited was founded in 2001 and is based in Akron, Ohio. |
| Market | us_market |
| Market Cap | 14,086,766 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_244091772 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-15 |
| Net Income To Common | -32,753,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 14,535,389 |
| Open | 3.29 |
| Operating Margins | -0.62088 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.19 |
| Phone | 346 204 8537 |
| Prev Name | 500.com Limited |
| Previous Close | 3.24 |
| Price Hint | 4 |
| Price To Book | 2.1159031 |
| Price To Sales Trailing12 Months | 0.5790351 |
| Profit Margins | -1.34631 |
| Quick Ratio | 0.488 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.0999999 |
| Regular Market Change Percent | -3.08642 |
| Regular Market Day High | 3.27 |
| Regular Market Day Low | 3.1001 |
| Regular Market Day Range | 3.1001 - 3.27 |
| Regular Market Open | 3.29 |
| Regular Market Previous Close | 3.24 |
| Regular Market Price | 3.14 |
| Regular Market Time | 1,784,059,203 |
| Regular Market Volume | 10,838 |
| Return On Assets | -0.2617 |
| Return On Equity | -0.6929 |
| Revenue Growth | 0.201 |
| Revenue Per Share | 10.282 |
| Sand P52 Week Change | 0.20365608 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Shares Outstanding | 4,486,231 |
| Shares Percent Shares Out | 0.0152 |
| Shares Short | 68,164 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 52,012 |
| Short Name | SOLAI Limited |
| Short Percent Of Float | 0.0277 |
| Short Ratio | 2.67 |
| Source Interval | 15 |
| State | OH |
| Symbol | SLAI |
| Total Cash | 1,976,000 |
| Total Cash Per Share | 0.719 |
| Total Debt | 1,613,000 |
| Total Revenue | 24,328,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -14.0 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 8.1331 |
| Two Hundred Day Average Change | -4.993099 |
| Two Hundred Day Average Change Percent | -0.6139233 |
| Type Disp | Equity |
| Volume | 10,838 |
| Website | https://www.solai.com |
| Zip | 44,306 |