Market Mover: BIT Mining (BTCM) Loses at Midday March 25

BIT Mining Ltd – ADR (NYSE: BTCM) shares are down 5.28%, or $0.16 per share, as on 11:47:39 est today. After Opening the Day at $3.02, 131,944 shares of BIT Mining exchanged hands and the stock has traded between $3.05 and $2.86.

Already the company has a YTD change of 50.65%.

BIT Mining expects its next earnings on 2022-05-10.

For technical charts, analysis, and more on BIT Mining visit the company profile.

About BIT Mining Ltd – ADR

BIT Mining Limited 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.

To get more information on BIT Mining Ltd – ADR and to follow the company’s latest updates, you can visit the company’s profile page here: BIT Mining Ltd – ADR’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Symbol info widget is provided by TradingView based on 15-minute-delayed prices. All other article data is provided by IEX Cloud on 15-minute delayed prices or EOD company info.

Stock price data is provided by IEX Cloud on a 15-minute delayed basis. Chart price data is provided by TradingView on a 15-minute delayed basis.

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