BIT Mining Ltd - ADR Stock News

Bit Mining's pivot to a Solana treasury strategy introduces speculative upside, especially if SOL rallies and the company executes its planned crypto purchases. Despite declining revenues, Bit Mining has improved operational efficiency, narrowed losses, and deleveraged its balance sheet, but ongoing dilution remains a key risk. BTCM trades below book value and at modest sales multiples, positio...

Since the historic institutional pivot of 2020, Bitcoin has steadily made its way from fringe asset to mainstream corporate treasury tool.

AKRON, Ohio , July 14, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency asset company , today announced the completion of the second phase of its previously-announced acquisition of crypto mining data centers and Bitcoin mining machines in Ethiopia. On December 3, 2024, the Company entered into a definitive agreemen...

An SOL treasury of up to $300 million will highlight strategic expansion AKRON, Ohio , July 10, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced a strategic shift with its expansion into the Solana ecosystem, marking a critical milestone in the Company's long-term growth trajectory. T...

AKRON, Ohio , April 29, 2025 /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, 2024 with the Securities and Exchange Commission ("SEC") on April 29, 2025. The annual report can be accessed on the SEC's websi...

AKRON, Ohio, April 10, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today released its monthly mining production and operational updates for March 2025. Mining Production and Operations Highlights: In March, BIT Mining produced a total of 41.55 Bitcoin (BTC), consisting of 34.96 BTC for hosted cl...

AKRON, Ohio , March 27, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or "the Company" or "BTCM"), a leading technology-driven cryptocurrency mining company, today reported its monthly mining production and other operational updates for the month of February 2025. Mining Production and Operations Updates :  In February, BIT Mining produced a total of 42.56 Bitcoin (BTC), wi...

AKRON, Ohio , Feb. 28, 2025 /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 ended December 31, 2024. On December 9, 2024, the Company completed the first closing of acquisition of cryptocurrency mining data ...