Effective at the opening of trading on the NYSE on Tuesday, April 20, 2021 (EST), the company’s ticker symbol has changed to “BTCM”.
BIT Mining Limited (NYSE: BTCM) is a leading cryptocurrency mining company, with a long-term strategy to encompass the whole cryptocurrency value chain. Its business covers cryptocurrency mining, mining pool, data center operation and mining machine manufacturing. The company has deployed Bitcoin mining machines with theoretical hash rate capacity of approximately 1,031.5 PH/s, and the entire mining pool business operated under BTC.com, including the domain name and wallet. From a longevity perspective, the company has also entered into a definitive agreement to acquire a 7-nanometer cryptocurrency mining machine manufacturer-“Bee Computing”, completing its vertical integration and making it self-sufficient, as well as strengthening its competitive position in the industry.