BIT Mining Limited Announces Results of Annual General Meeting
- AKRON, Ohio , Jan. 8, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced the results of its annual general meeting of shareholders (the "AGM") held on January 7, 2025. At the AGM, the shareholders of the Company passed the resolution increasing the authorised share capital of the Company to US$440,000 divided into 8,399,935,000 Class A Ordinary Shares of a nominal or par value of US$0.00005 each, 65,000 Class A Preference Shares of a nominal or par value of US$0.00005 each, and 400,000,000 Class B Ordinary Shares of a nominal or par value of US$0.00005 each, by the creation of 6,800,000,000 Class A Ordinary Shares of a nominal or par value of US$0.00005 each.
- 01/08/2025
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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.
- 12/18/2024
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BIT Mining Limited to Hold Annual General Meeting on January 7, 2025
- AKRON, Ohio , Dec. 10, 2024 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it will hold its annual general meeting of shareholders at 428 South Seiberling Street, Akron, Ohio, US on January 7, 2025 at 10:00 a.m., New York time.
- 12/10/2024
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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.
- 12/09/2024
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BIT Mining to Acquire Ethiopian Mining Data Centers and Mining Machines
- AKRON, Ohio , Dec. 3, 2024 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it has entered into a definitive agreement (the "Agreement") to acquire 51-megawatt crypto mining data centers in Ethiopia (the "Data Centers") and 17,869 high-quality Bitcoin ("BTC") mining machines (the "BTC Mining Machines"). Under the Agreement, the Company will indirectly acquire the Data Centers and BTC Mining Machines for a total consideration of US$14.28 million.
- 12/03/2024
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SEC Charges BIT Mining with FCPA Violations in Connection with Bribery Scheme to Influence Members of Japanese Parliament
- Washington, D.C.--(Newsfile Corp. - November 18, 2024) - The Securities and Exchange Commission today announced that BIT Mining Ltd.
- 11/18/2024
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BTCM Stock Dips 5.60% Amid Market Volatility
- Bit Mining (BTCM, Financial) experienced a significant drop in its stock price, plummeting 5.60% to $2.19 per share. The stock saw a trading volume of 29,727 shares, with a turnover rate of 0.27% and an amplitude of 6.90%.
- 10/02/2024
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BIT Mining Limited Completes Sale of its Mining Pool Business
- AKRON, Ohio , March 4, 2024 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today announced the closing and completion of its previously announced sale of 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 "Consideration"). The Business has been transferred to Esport – Win Limited.
- 03/04/2024
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BIT Mining Limited Announces Unaudited Financial Results for the Fourth Quarter and Full Year ended December 31, 2023
- AKRON, Ohio , Feb. 23, 2024 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today reported its unaudited financial results for the fourth quarter ended December 31, 2023. On December 28, 2023, the Company entered into an agreement with Esport – Win Limited, a Hong Kong limited liability company, to sell its entire mining pool business for a total consideration of US$5 million.
- 02/23/2024
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BIT Mining Limited to Report Fourth Quarter and Full Year 2023 Financial Results on February 23, 2024
- AKRON, Ohio , Feb. 8, 2024 /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 plans to release its unaudited financial results for the fourth quarter and full year ended December 31, 2023, after the U.S. market close on Friday, February 23, 2024. About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company with operations in cryptocurrency mining, data center operation and mining machine manufacturing.
- 02/08/2024
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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.
- 12/29/2023
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BIT Mining Limited Announces Unaudited Financial Results for the Third Quarter ended September 30, 2023
- AKRON, Ohio , Nov. 17, 2023 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today reported its unaudited financial results for the third quarter ended September 30, 2023. Cryptocurrency Business Progress BIT Mining has four primary business segments: self-mining, mining pool, data center operation, and mining machine manufacturing.
- 11/17/2023
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BIT Mining Limited to Report Third Quarter 2023 Financial Results on November 17, 2023
- AKRON, Ohio, Nov. 10, 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 plans to release its unaudited financial results for the third quarter ended September 30, 2023, after the U.S. market close on Friday, November 17, 2023. About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry.
- 11/10/2023
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BIT Mining Limited Announces Unaudited Financial Results for the Second Quarter ended June 30, 2023
- AKRON, Ohio, Aug. 18, 2023 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency mining company, today reported its unaudited financial results for the second quarter ended June 30, 2023. Cryptocurrency Business Progress BIT Mining has four primary business segments: self-mining, mining pool, data center operation, and mining machine manufacturing.
- 08/18/2023
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BIT Mining Limited to Report Second Quarter 2023 Financial Results on August 18, 2023
- AKRON, Ohio , Aug. 11, 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 plans to release its unaudited financial results for the second quarter ended June 30, 2023, after the U.S. market close on Friday, August 18, 2023. About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry.
- 08/11/2023
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BIT Mining Limited Receives Notice Regarding NYSE Continued Listing Standards
- AKRON, Ohio , July 7, 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 received a letter from the New York Stock Exchange (the "NYSE"), dated June 9, 2023, notifying the Company that it was not in compliance with applicable market capitalization and equity criteria (the "Market Cap and Equity Criteria") in the NYSE's continued listing standards because, as of June 8, 2023, the Company's (i) average total market capitalization was less than $50 million over a consecutive 30 trading-day period, and (ii) last reported stockholders' equity as of March 31, 2023 was less than $50 million. In accordance with procedures in the NYSE's Listed Company Manual, the Company has 90 days following its receipt of the notice to submit a business plan to the NYSE that demonstrates how the Company intends to regain compliance with the Market Cap and Equity Criteria within 18 months of receipt of the notice.
- 07/07/2023
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Why CleanSpark, Riot Platforms, and BIT Mining Limited Are Rising This Week
- Bitcoin had been moving higher this week until ADP's June jobs data and the Federal Reserve's June meeting minutes came out recently. CleanSpark announced this week that it mined 491 Bitcoin tokens in June.
- 07/06/2023
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BIT Mining Limited to Report First Quarter 2023 Financial Results on May 30, 2023
- AKRON, Ohio , May 26, 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 plans to release its unaudited financial results for the first quarter ended March 31, 2023, after the U.S. market close on Tuesday, May 30, 2023. About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry.
- 05/26/2023
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BIT Mining Limited Announces Changes to Board of Directors
- AKRON, Ohio, April 14, 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 the resignation of Ms. Angel Yan Ki Wong from the Company’s Board of Directors (the “Board”) due to personal reasons, effective April 17, 2023. Ms. Wong […]...
- 04/14/2023
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BIT Mining Limited to Report Fourth Quarter and Full Year 2022 Financial Results on February 17, 2023
- AKRON, Ohio , Feb. 9, 2023 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining Limited" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it plans to release its unaudited financial results for the fourth quarter and full year ended December 31, 2022, before the U.S. market open on Friday, February 17, 2023. About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry.
- 02/09/2023
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BIT Mining Limited to Report Third Quarter 2022 Financial Results on November 17, 2022
- AKRON, Ohio , Nov. 10, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining Limited" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it plans to release its unaudited financial results for the third quarter ended September 30, 2022, before the U.S. market open on Thursday, November 17, 2022. About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry.
- 11/10/2022
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BIT Mining Limited to Report Second Quarter 2022 Financial Results on August 19, 2022
- HONG KONG , Aug. 12, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining Limited" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2022, before the U.S. market open on Friday, August 19, 2022. About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry.
- 08/12/2022
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BIT Mining Limited to Report First Quarter 2022 Financial Results on May 27, 2022
- HONG KONG , May 20, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining Limited" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2022, before the U.S. market open on Friday, May 27, 2022. About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry.
- 05/20/2022
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Why Shares of Riot Blockchain, BIT Mining, and Coinbase Are Down This Week
- Crypto stocks performed worse than cryptocurrencies this week.
- 04/28/2022
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BIT Mining Limited to Report Fourth Quarter and Full Year 2021 Financial Results on February 17, 2022
- HONG KONG, Feb. 10, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining Limited" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it plans to release its unaudited financial results for the fourth quarter and full year ended December 31, 2021, before the U.S. market open on Thursday, February 17, 2022. About BIT Mining BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry.
- 02/10/2022
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BIT Mining to present at the dbVIC - Deutsche Bank ADR Virtual Investor Conference on 17 November 2021
- AKRON, Ohio, Nov. 11, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company") based in Ohio, and focused on cryptocurrency mining, today announced that BIT Mining, Senior IR Director Ellen Chiu will present at the dbVIC - Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on November 17. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors.
- 11/11/2021
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BIT Mining Limited to Report Third Quarter 2021 Financial Results on November 18, 2021
- AKRON, Ohio, Nov. 11, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining Limited" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it plans to release its unaudited financial results for the third quarter ended September 30, 2021, before the U.S. market open on Thursday, November 18, 2021. About BIT Mining Limited BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry.
- 11/11/2021
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BIT Mining Falls Prey To Chinese Regulatory Crackdown
- Cryptocurrency mining company BIT Mining Ltd (NYSE:BTCM) subsidiary BTC.com will cease registering new users from mainland China and expects to start retiring the accounts of existing users in mainland China to comply with local regulations beginning on October 15. The discontinuation of service may adversely affect the consolidated financial statements of the company.
- 10/15/2021
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BIT Mining's Mining Pool Subsidiary to Exit Mainland China Market
- AKRON, Ohio, Oct. 14, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that its mining pool subsidiary, BTC.com will exit the mainland China market. To comply with local regulations, BTC.com will cease registering new users from mainland China and expects to start retiring the accounts of existing users in mainland China in an orderly manner starting on October 15, 2021.
- 10/14/2021
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MRM Stock: The Hair Salon Deal That has Holistic Healthcare Play Medirom All Lathered Up Today
- Medirom Healthcare Technologies (MRM) stock is rocketing higher on Thursday following news of a major deal for the company. The post MRM Stock: The Hair Salon Deal That has Holistic Healthcare Play Medirom All Lathered Up Today appeared first on InvestorPlace.
- 09/23/2021
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Short Squeeze Stocks: BBIG, ATER and 3 Others Experts Think Are Ready to Pop
- Investors looking to find the top short squeeze stocks to buy right now may want to take a look at this curated list of opportunities. The post Short Squeeze Stocks: BBIG, ATER and 3 Others Experts Think Are Ready to Pop appeared first on InvestorPlace.
- 09/20/2021
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5 Short Squeeze Candidates To Watch: BBIG Tops List With Katapult, Aterian Right Behind
- Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next GameStop Corp (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC), two stocks that attracted strong interest and saw shares spike. A short squeeze can occur when a heavily shorted stock rises in value instead of falling.
- 09/20/2021
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Short Squeeze Stocks: ATIF, SPRT and 3 Others Experts Think Are Ready to Pop
- Today, the market appears to be disjointed, as seen in the short squeeze space, with some short squeeze stocks outperforming others. The post Short Squeeze Stocks: ATIF, SPRT and 3 Others Experts Think Are Ready to Pop appeared first on InvestorPlace.
- 09/07/2021
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5 Short Squeeze Candidates To Watch: Support.com, Lightning eMotors, ATIF Holdings And More
- Potential short squeeze plays have gained steam in 2021 with new retail traders looking for the next huge move. GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) are two high-profile examples of short squeezes earlier this year.
- 09/07/2021
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Why Was BIT Mining Stock Skyrocketing on Thursday?
- This low float stock with high short interest was able to fly once the traders piled in.
- 09/02/2021
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BTCM Stock: Why Retail Investors Are Betting Big on BIT Mining on Thursday
- Today, investors in Bit Mining and BTCM stock are seeing very impressive gains as investors jump on this stock as a short-squeeze play. The post BTCM Stock: Why Retail Investors Are Betting Big on BIT Mining on Thursday appeared first on InvestorPlace.
- 09/02/2021
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Codebase Ventures receives confirmation of delivery for all 115 Antminer S17+ 76Th bit mining units at its hosting facility in New York State
- Codebase Ventures Inc. said it has received confirmation of the completed delivery of all 115 Antminer S17+ 76Th bit mining units to their hosting facility in New York State.
- 09/01/2021
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Codebase Ventures receives confirmation delivery of all 115 Antminer S17+ 76Th bit mining units to their hosting facility in New York State
- Codebase Ventures Inc. said it has received confirmation of the completed delivery of all 115 Antminer S17+ 76Th bit mining units to their hosting facility in New York State.
- 09/01/2021
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Why Crypto Stocks Popped on Monday Morning
- Cryptocurrencies are up big today, and that's pulling crypto mining and equipment stocks with them.
- 08/23/2021
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BIT Mining Limited Announces Unaudited Financial Results for the Second Quarter ended June 30, 2021
- HONG KONG, Aug. 17, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading cryptocurrency mining enterprise, today reported its unaudited financial results for the second quarter ended June 30, 2021. Cryptocurrency Business Progress BIT Mining has completed the transition of its business to an enterprise that covers cryptocurrency mining, data center operation and mining pool.
- 08/17/2021
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Why Crypto Stocks Plunged Today
- Bitcoin and Ethereum are down and dragging crypto stocks with them.
- 08/12/2021
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Why Bitcoin Mining Stocks Were Soaring on Monday
- Today's news, however, is insignificant compared to what's coming in a couple weeks.
- 08/09/2021
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BIT Mining to Expand its Fleet of Bitcoin Mining Machines
- HONG KONG, July 28, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading cryptocurrency mining enterprise, today announced that it has entered into a definitive purchase agreement (the "Purchase Agreement") to acquire 2,500 new bitcoin mining machines ("the Acquired Machines") for a total consideration of approximately US$6.6 million. When deployed, the Company expects the Acquired Machines to increase its theoretical maximum total hash rate capacity by approximately 165 peta hashes per second (PH/s).
- 07/28/2021
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BTCM Stock Increases Over 5% Pre-Market: Why It Happened
- The stock price of BIT Mining Ltd (NYSE: BTCM) increased by over 5% pre-market. This is why it happened.
- 07/26/2021
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BIT Mining Announces Removal of VIE Structure and Disposal of Chinese Lottery Business
- HONGKONG, China, July 23, 2021 /PRNewswire/— BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or "the Company"), a leading cryptocurrency mining enterprise, today announced its decision to eliminate its variable interest entity ("VIE") structure and to dispose of its Chinese lottery related business for nil consideration. BIT Mining's consolidated affiliated subsidiaries under the VIE structure (the "VIE subsidiaries"), were primarily engaged in the Company's Chinese lottery related business, which contributed RMB2.7 million (US$0.4 million), or 13.6%, of the Company's total revenue and net loss of RMB9.8 million (US$1.5 million) for the three months ended March 31, 2021.
- 07/23/2021
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BIT Mining Announces Closing of US$50.0 Million Private Placement
- SHENZHEN, China, July 16, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company") today announced the closing of its previously announced private placement of 100,000,000 Class A ordinary shares and warrants to purchase up to an additional 100,000,000 Class A ordinary shares, at a purchase price of US$5.00 per ten Class A ordinary shares, with one warrant included in the price of each Class A ordinary share. The private placement resulted in gross proceeds to the Company of $50.0 million before the deduction of placement agent fees and expenses and offering expenses payable by the Company.
- 07/16/2021
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BIT Mining Announces US$50 Million Private Placement
- SHENZHEN, China, July 12, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), today announced that it has entered into securities purchase agreements with certain institutional and accredited investors ("the Investors") to raise US$50 million in a private placement. Under the terms of the private placement, the Company will issue 100,000,000 Class A ordinary shares, and warrants to purchase up to an additional 100,000,000 Class A ordinary shares to the Investors, at a purchase price of US$5.00 per ten Class A ordinary shares, with one warrant included in the price of each Class A ordinary share.
- 07/12/2021
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Markets Flatten as Bitcoin Dips Below 30K
- The Dow had been up nearly 50 points in today's pre-market, but those have evaporated -- on zero economic news this morning other than Bitcoin.
- 06/22/2021
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BIT Mining Successfully Delivers Mining Machines to Kazakhstan
- SHENZHEN, China, June 21, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or "the Company"), a leading cryptocurrency mining enterprise, announced today that it had successfully delivered its first batch of mining machines to Kazakhstan. This first batch consisting of 320 mining machines with a theoretical maximum total hash rate capacity of 18.2 PH/s is expected to be deployed and in operation by June 27, 2021.
- 06/21/2021
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BIT Mining Completes Cash Offer for Shares of Loto Interactive
- SHENZHEN, China, June 18, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or "the Company"), a leading cryptocurrency mining enterprise, today announced that it has completed its cash offer previously announced on March 31, 2021 to acquire at HK$0.75 per share, all the shares in issue of Loto Interactive Limited, (HKEX: 08198) ("Loto Interactive") other than those already owned or agreed to be acquired by the Company and its parties acting in concert, pursuant to Rule 26.1 of the Hong Kong Code on Takeovers and Mergers (the "Share Offer") and its cash offer for the cancellation of all options of Loto Interactive in accordance with Rule 13.5 of the Hong Kong Code on Takeovers and Mergers (the "Option Offer"). Upon closing of such cash offer, the Company acquired a total of 30,642,534 shares under the Share Offer, and a total of 6,800,000 options under the Option Offer, which will be cancelled.
- 06/18/2021
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What Will the Stock Market Do Today? 3 Big Stories to Watch.
- So what will the stock market do today? Investors are bidding up XRP prices thanks to the latest Ripple crypto news.
- 05/26/2021
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BIT Mining Limited Announces to Invest in a Cryptocurrency Mining Data Center in Texas
- SHENZHEN, China, May 19, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading cryptocurrency mining enterprise, today announced that it has entered into a binding investment term sheet (the "Term Sheet") with Dory Creek, LLC ("Dory Creek"), a wholly-owned subsidiary of Bitdeer, Inc. to invest in a cryptocurrency mining data center in Texas (the "Texas Mining Center"). Pursuant to the Term Sheet, the Company will invest a total amount of US$25.74 million and jointly construct and operate the Texas Mining Center with Dory Creek.
- 05/19/2021
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BIT Mining Limited Announces Unaudited Financial Results For the First Quarter ended March 31, 2021
- SHENZHEN, China, May 10, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," "our company," or "our"), a leading cryptocurrency mining enterprise, today reported its unaudited financial results for the first quarter ended March 31, 2021. Cryptocurrency Business Progress BIT Mining Limited has completed the transition of its business to an enterprise that covers cryptocurrency mining, mining pool, and data center operation.
- 05/10/2021
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BIT Mining Limited Announces Trading of ADSs under New English Name and New Ticker Symbol
- SHENZHEN, China, April 20, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining Limited" or the "Company"), a leading cryptocurrency mining enterprise, formerly known as 500.com Limited (NYSE: WBAI), today announced that its American Depositary Shares ("ADSs"), each representing the right to receive ten (10) Class A ordinary shares with par value of US$0.00005 per share of the Company, began trading under the Company's new English name, "BIT Mining Limited", and its new ticker symbol, "BTCM", effective at the opening of trading on the NYSE on Tuesday, April 20, 2021 (U.S. Eastern Daylight Time). Historical trading data of the Company's ADSs prior to April 20, 2021 may not yet be available on certain third-party websites and apps when searching for "BIT Mining Limited" and/or "BTCM", in which case such data may temporarily be found under "500.com Limited" and/or "WBAI".
- 04/20/2021
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