Bit mining completed the first phase of acquisition in ethiopia

Akron, ohio , dec. 9, 2024 /prnewswire/ -- bit mining limited (nyse: btcm) ("bit mining" or the "company"), a leading technology-driven cryptocurrency mining company, today announced that it has completed the first phase of previously-announced acquisition of crypto mining data centers and bitcoin ("btc") mining machines in ethiopia. to complete the first phase of the acquisition, the company has made a cash payment of us$2.265 million and issued an aggregate number of 369,031,800 class a ordinary shares to the sellers in exchange for a 35-megawatt operational and electrified crypto mining data center and 17,869 btc mining machines.
BTCM Ratings Summary
BTCM Quant Ranking