BIT Mining Limited

BIT Mining Ltd. operates as a cryptocurrency mining enterprise. Its business covers cryptocurrency mining, pool, machine manufacturing, and data center operation. The company utilizes cryptocurrency mining machines and hydroelectric cryptocurrency mines, the sole purpose of which is to mine bitcoin. It also owns the mining pool business operated under BTC.com, including the domain name and wallet. The company was founded by Man San Law in 2001 and is headquartered in Hong Kong.

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BIT Mining Ltd. engages in cryptocurrency mining, data center operation, and mining machine manufacturing. It operates through the following segments: Data Center, Cryptocurrency Mining, and Others. The company was founded by Man San Law in 2001 and is headquartered in Akron, OH.

AKRON, Ohio , Dec. 26, 2022 /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 the Company's subsidiary, BTC.com, experienced a cyberattack on December 3, 2022. In the cyberattack, certain digital assets were stolen, including approximately US$700,000 in asset value owned by BTC.com's clients, and approximately US$2.3 million in asset value owned by the Company.

BIT Mining Limited Subsidiary Experiences Cyberattack

AKRON, Ohio , Dec. 12, 2022 /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 change the ratio of its American Depositary Shares ("ADSs") to its Class A ordinary shares (the "ADS Ratio"), par value US$0.00005 per share, from the current ADS Ratio of one (1) ADS to ten (10) Class A ordinary shares, to a new ADS Ratio of one (1) ADS to one hundred (100) Class A ordinary shares (the "ADS Ratio Change"). The Company anticipates that the ADS Ratio Change will be effective on or about December 23, 2022.

BIT Mining Limited Announces Plan to Implement ADS Ratio Change

AKRON, Ohio , Nov. 23, 2022 /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 will hold its annual general meeting of shareholders at 800 N High St  #03-102 , Columbus, Ohio, US on December 26, 2022 at 11:00 a.m., New York Time.

BIT Mining Limited to Hold Annual General Meeting on December 26, 2022

AKRON, Ohio , Nov. 17, 2022 /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, 2022. Cryptocurrency Business Progress BIT Mining has four primary business segments covering self-mining, mining pool, data center operation and mining machine manufacturing.

BIT Mining Limited Announces Unaudited Financial Results for the Third Quarter ended September 30, 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.

BIT Mining Limited to Report Third Quarter 2022 Financial Results on November 17, 2022

HONG KONG , Aug. 24, 2022 /PRNewswire/ --  BIT Mining (NYSE: BTCM) issued a letter to investors today:  Dear Colleagues, Investors and Friends of BIT Mining, Our company has historically tried to remain humble in our approach to our communications with the public and allowed our actions to speak for themselves. However, with the recent declines in both the stock and cryptocurrency markets, we wanted to respond to the situation by addressing you directly.

BIT Mining : A Letter to Our Investors

HONG KONG , Aug. 19, 2022 /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, 2022. Cryptocurrency Business Progress BIT Mining has four primary business segments covering self-mining, mining pool, data center operation and miner manufacturing.

BIT Mining Limited Announces Unaudited Financial Results for the Second Quarter ended June 30, 2022

HONG KONG , Aug. 19, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced the closing of its registered direct offering previously announced on August 16, 2022, with certain institutional investors for the purchase and sale of 15,566,665 of the Company's American Depositary Shares ("ADSs"), Series A Warrants to purchase up to an aggregate of 15,566,665 ADSs and Series B Warrants to purchase up to an aggregate of 15,566,665 ADSs, at a combined purchase price of US$0.60 per ADS and associated warrants, in a registered direct offering. Each ADS represents ten (10) Class A ordinary shares, par value US$0.00005 per share, of BIT Mining.

BIT Mining Announces Closing of US$9.3 Million Registered Direct Offering

HONG KONG , Aug. 16, 2022 /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 securities purchase agreement with certain institutional investors for the purchase and sale of 15 ,566,665 of the Company's American Depositary Shares ("ADSs"), Series A Warrants to purchase up to an aggregate of 15 ,566,665 ADSs and Series B Warrants to purchase up to an aggregate of 15,566,665 ADSs, at a combined purchase price of US$0.60 per ADS and associated warrants, in a registered direct offering. Each ADS represents ten (10) Class A ordinary shares, par value US$0.00005 per share, of BIT Mining.

BIT Mining Announces US$9.3 Million Registered Direct Offering

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.

BIT Mining Limited to Report Second Quarter 2022 Financial Results on August 19, 2022

HONG KONG , July 26, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it has completed its sale of 279,673,200 shares of Loto Interactive Limited ("Loto Interactive") at the price of HK$0.28 per share for a total consideration of HK$78,308,496 in cash (the "Transaction"). Upon completion of the Transaction, the Company's ownership of Loto Interactive decreased to 8.79%.

BIT Mining Completes Sale of Shares of Loto Interactive Limited

HONG KONG , July 12, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that the Company entered into a share sale and purchase agreement (the "Sale and Purchase Agreement") with an unaffiliated third party (the "Buyer"), pursuant to which the Company agreed to sell, and the Buyer agreed to purchase approximately 51% of the total issued share capital of Loto Interactive Limited ("Loto Interactive"), representing 279,673,200 shares of Loto Interactive at the price of HK$0.28 per share (the "Sale Price") for the total consideration of HK$78,308,496 (the "Transaction"). After the Transaction, the Company's share ownership in Loto Interactive will decrease to 8.79%.

BIT Mining Announces Sale of Shares of Loto Interactive Limited

HONG KONG , June 30, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) (the "Company"), a leading technology-driven cryptocurrency mining company, today announced the completion of a spin-off with Viking Data Centers LLC ("Viking Data Centers") in developing and operating the Ohio cryptocurrency mining data center (the "Ohio Mining Site"). The Company had been jointly developing the Ohio Mining Site with Viking Data Centers through its affiliate for a total planned power capacity of 150 megawatts ("MW").

BIT Mining Limited to Improve Efficiency at Ohio Mining Site after Business Spin-off

HONG KONG , June 30, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced the closing of its previously announced registered direct offering on June 27, 2022, with certain institutional investors for the purchase and sale of 16,000,000 of the Company's American Depositary Shares ("ADSs") (or pre-funded warrant to purchase certain ADSs ("ADS Equivalent") in lieu thereof), Series A Warrants to purchase up to an aggregate of 16,000,000 ADSs and Series B Warrants to purchase up to an aggregate of 16,000,000 ADSs, at a combined purchase price of US$1.00 per ADS (or ADS Equivalent) and associated warrants, in a registered direct offering. Each ADS represents ten (10) Class A ordinary shares, par value US$0.00005 per share, of BIT Mining.

BIT Mining Announces Closing of US$16 Million Registered Direct Offering

BIT Mining Ltd - ADR (NYSE: BTCM) shares are trading lower by 41.18% to $0.70 after the company announced a $16 million registered direct offering. BIT Mining says the company intends to use the net proceeds of the registered direct offering to invest in mining machines, build new data centers,.

Why Bitcoin-, Ethereum- And Litecoin-Related Stock BIT Mining Is Down Over 40% Today

HONG KONG , June 23, 2022 /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 securities purchase agreement with certain institutional investors for the purchase and sale of 16,000,000 of the Company's American Depositary Shares ("ADSs") (or pre-funded warrant to purchase certain ADSs ("ADS Equivalent") in lieu thereof), Series A Warrants to purchase up to an aggregate of 16,000,000 ADSs and Series B Warrants to purchase up to an aggregate of 16,000,000 ADSs, at a combined purchase price of US$1.00 per ADS (or ADS Equivalent) and associated warrants, in a registered direct offering. Each ADS represents ten (10) Class A ordinary shares, par value US$0.00005 per share, of BIT Mining.

BIT Mining Announces US$16 Million Registered Direct Offering

HONG KONG , June 13, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission ("SEC") on ­April 7th, 2022. The annual report can be accessed on the SEC's website at http://www.sec.gov, as well as on the Company's investor relations website at ir.btcm.group.

BIT Mining Filed 2021 Annual Report on Form 20-F

HONG KONG , May 31, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced it has successfully completed the first closing of its previously announced share exchange agreement dated April 5, 2021 (as amended and restated in April 2022, the "Amended and Restated Share Exchange Agreement") entered into by the Company and the shareholders (the "Selling Shareholders") of Bee Computing (HK) Limited ("Bee Computing"). At the first closing of the Amended and Restated Share Exchange Agreement, the Company today issued 16,038,930 of its Class A ordinary shares to the Selling Shareholders.

BIT Mining Announces First Closing of Bee Computing Acquisition

HONG KONG , May 27, 2022 /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 first quarter ended March 31, 2022. Cryptocurrency Business Progress BIT Mining is a leading technology-driven cryptocurrency mining company with three primary business segments covering self-mining, mining pool and data center operation.

BIT Mining Limited Announces Unaudited Financial Results for the First Quarter ended March 31, 2022

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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.

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HONG KONG, Feb. 17, 2022 /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 and full year ended December 31, 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.

BIT Mining Limited Announces Unaudited Financial Results for the Fourth Quarter and Full Year ended December 31, 2021

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.

BIT Mining Limited to Report Fourth Quarter and Full Year 2021 Financial Results on February 17, 2022

HONG KONG, Jan. 18, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced its progress in the construction and buildout of its Ohio mining site in North America. In collaboration with its partner, the Company has achieved approximately 50 megawatts ("MW") of power capacity at the Ohio mining site.

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