Bit Mining, Ltd.
NYSE:
BTCM
BIT Mining, Ltd. is a leading cryptocurrency mining enterprise, with a long-term strategy to create value across the cryptocurrency industry. Since announcing its entry into the industry in December 2020, the Company has: (i) purchased and deployed bitcoin mining machines with a theoretical hash rate capacity of approximately 1,031.5 PH/s; (ii) acquired three hydroelectric cryptocurrency mines with combined electric power capacity of 435MW, by purchasing a controlling stake in Loto Interactive Limited (HKEX:08198); (iii) acquired the entire mining pool business of Bitdeer Technologies Holding Company operated under BTC.com, including the domain name and the cryptocurrency wallet of BTC.com. The Company has also entered into a definitive agreement with Bee Computing (HK) Limited, a 7-nanometer cryptocurrency mining machine manufacturer, in order to help sustain the Company's continued growth. BIT Mining Limited was formerly known as 500.com Limited, an online sports lottery service provider in China.
Key Facts
Auditor
Public Listing
Domicile
HQ/Management
Location of Key Operations
IR Contact
Friedman LLP
IPO (November 22, 2013)
Cayman Islands
Nanshan, Shenzhen, China
Danni Zheng, Internal
86-755-8633-8005
Analyst Coverage
Latest News
September 23, 2021: BIT Mining Invests in Cryptocurrency Mining in Ohio - Sep 22, 2021 (btc.com)
June 21, 2021: BIT Mining Successfully Delivers Mining Machines to Kazakhstan - Jun 21, 2021 (btc.com)
May 24, 2021: BIT Mining Limited to Invest in Cryptocurrency Mining in Kazakhstan - May 24, 2021 (btc.com)
May 19, 2021: BIT Mining Limited Announces to Invest in a Cryptocurrency Mining Data Center in Texas - May 19, 2021 (btc.com)
May 13, 2021: BIT Mining Limited to be Added to the MSCI China Small Cap Index - May 12, 2021 (500.com)
May 10, 2021: BIT Mining Limited Announces Unaudited Financial Results For the First Quarter ended March 31, 2021 - May 10, 2021 (500.com)
May 6, 2021: BIT Mining Limited to Report First Quarter 2021 Financial Results on May 10, 2021 - May 7, 2021 (500.com)
April 20, 2021: BIT Mining Limited Announces Trading of ADSs under New English Name and New Ticker Symbol
April 15, 2021: BIT Mining Limited Announces First Closing of BTC.com Businesses Acquisition
April 12, 2021: BIT Mining Limited (500.com Limited) Announces Voting Results of Extraordinary General Meeting
April 5, 2021: 500.com Limited Announces Acquisition of a 7-nanometer Mining Machine Manufacturer and New Issuance of Preference Shares
March 31, 2021: 500.com Limited Completes Subscription for Shares of Loto Interactive Limited
March 26, 2021: Cryptocurrency Utilization Increases in Mainstream Channels
March 19, 2021: 500.com Limited to Hold Extraordinary General Meeting on April 8, 2021; Announces Relocation of Headquarters to Singapore
March 15, 2021: 500.com Limited Completes Acquisition of Bitcoin Mining Machines with Total Hash Rate Capacity of Approximately 918.5 PH/s
February 23, 2021: 500.com Limited Receives 356.04342 Bitcoins and Announces Closing of Private Placement
February 16, 2021: 500.com Limited Announces Acquisition of BTC.com Businesses
February 8, 2021: 500.com Limited Announces Unaudited Financial Results For the Fourth Quarter and Full Year ended December 31, 2020
February 3, 2021: 500.com Limited to Report Fourth Quarter and Full Year 2020 Financial Results on February 8, 2021
February 2, 2021: 500.com Limited Entered into Two Agreements to Acquire Bitcoin Mining Machines
January 28, 2021: 500.com Limited to Subscribe for Shares of Loto Interactive Limited
January 21, 2021: 500.com Limited Announces Private Placement Subscription Price to be Settled in U.S. Dollars and Bitcoin
January 11, 2021: 500.com Entered into an Agreement to Acquire Bitcoin Mining Machines