Bit mining limited agrees to sell its mining pool business

Akron, ohio , dec. 29, 2023 /prnewswire/ -- bit mining limited (nyse: btcm) ("bit mining," "the company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today announced that it has agreed to sell its entire mining pool business operated under btc.com (the "business") to esport – win limited, a hong kong limited liability company, for a total consideration of us$5 million. the sale of the business is expected to result in an increase of approximately us$16 million in the total shareholders' equity of bit mining, since the business has approximately us$11 million in cryptocurrency net liability.
BTCM Ratings Summary
BTCM Quant Ranking