BIT Mining Limited Announces Unaudited Financial Results For the First Quarter ended March 31, 2021
News provided by
Share this article
Share this article
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
Progress
BIT Mining Limited has completed the transition of its business to an enterprise that covers cryptocurrency mining, mining pool, and data center operation.
As of today, we have deployed 50,113 mining machines. The theoretical maximum total hash rate capacity of such mining machines is about 1,031.5 PH/s, and we currently produce approximately 4 bitcoins each day. As of April 30, 2021, we have produced approximately 110 bitcoins, equivalent to revenue of approximately RMB40.6 million (US$6.2 million). As of today, we have pro
Share this article
Share this article
SHENZHEN, China, Feb. 23, 2021 /PRNewswire/ 500.com Limited (NYSE: WBAI) ( 500.com or the Company ), a China-based enterprise committed to developing cryptocurrency mining businesses, today announced the closing of its previously announced private placement transaction pursuant to the definitive share subscription agreement with Good Luck Information Technology Co., Limited ( Good Luck Information ) entered into on December 21, 2020. The Company has received 356.04342 Bitcoins and US$11.5 million in cash from Good Luck Information, and the Company has issued 85,572,963 newly issued Class A ordinary shares to Good Luck Information.
The 356.04342 Bitcoins is the equivalent of US$11.5 million at the Bitcoin to U.S. dollars exchange rate fixed on January 21, 2021 at US$32,326.29 to one Bitcoin.
Share this article
Share this article
SHENZHEN, China, Feb. 8, 2021 /PRNewswire/ 500.com Limited (NYSE: WBAI) ( 500.com, the Company, we, us, our company, or our ), an online sports lottery service provider in China, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2020.
Announcement of Private Placement, Appointment of New Officers and Exploration of Business Opportunities in the Blockchain and Cryptocurrency Industries
On December 21, 2020, the Company announced that it had entered into a definitive share subscription agreement (the Agreement ) with Good Luck Information Technology Co., Limited ( Good Luck Information ), a company incorporated in Hong Kong, for the issuance and sale of newly issued Class A ordinary shares of the Company ( Class A Shares ).
/PRNewswire/ 500.com Limited (NYSE: WBAI) ("500.com" or the "Company"), today announced that, in connection with the definitive share subscription agreement.
500 com Limited Announces Private Placement and Appointment of New Officers marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.