Bit mining limited regains compliance with nyse continued listing standards

Akron, ohio , dec. 18, 2024 /prnewswire/ -- bit mining limited (nyse: btcm) ("bit mining" or the "company"), a leading technology-driven cryptocurrency mining company, today announced that it received a letter (the "letter") from the new york stock exchange (the "nyse"), dated december 17, 2024, notifying the company that it has regained compliance with the nyse's quantitative continued listing standards. on june 9, 2023, the company was notified by the nyse that it was not in compliance with the nyse's minimum market capitalization and shareholders' equity requirement (the "market cap and equity requirement") of section 802.01b of the nyse listed company manual because its average total market capitalization over a consecutive 30 trading-day period and last reported stockholders' equity were both below $50 million.
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