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Misty Lee October 9, 2020
BIT Mining Limited [NYSE: BTCM] slipped around -0.79 points on Friday, while shares priced at $7.92 at the close of the session, down -9.07%. The company report on May 24, 2021 that BIT Mining Limited to Invest in Cryptocurrency Mining in Kazakhstan.
BIT Mining Limited (NYSE: BTCM) (“BIT Mining” or “the Company”), a leading cryptocurrency mining enterprise, announced that it has entered into a binding investment term sheet (the “Term Sheet”) with a Kazakhstan-based company (“Local Partner”) to jointly invest in a cryptocurrency mining data center in Kazakhstan (the “Kazakhstan Mining Data Center”).
Pursuant to the Term Sheet, the Company will invest a total amount of RMB60 million (US$9.33 million) to jointly construct and operate the Kazakhstan Mining Data Center. Once constructed, the total power capacity of the Kazakhstan Mining Data Center is expected to be 100MW. The Company will hold an 80% equity interest in the Kaza
Misty Lee December 22, 2020
BIT Mining Limited [NYSE: BTCM] stock went on a downward path that fall over -10.30% on Tuesday, amounting to a one-week price decrease of less than -41.53%. The company report on May 24, 2021 that BIT Mining Limited to Invest in Cryptocurrency Mining in Kazakhstan.
BIT Mining Limited (NYSE: BTCM) (“BIT Mining” or “the Company”), a leading cryptocurrency mining enterprise, announced that it has entered into a binding investment term sheet (the “Term Sheet”) with a Kazakhstan-based company (“Local Partner”) to jointly invest in a cryptocurrency mining data center in Kazakhstan (the “Kazakhstan Mining Data Center”).
Pursuant to the Term Sheet, the Company will invest a total amount of RMB60 million (US$9.33 million) to jointly construct and operate the Kazakhstan Mining Data Center. Once constructed, the total power capacity of the Kazakhstan Mining Data Center is expected to be 100MW. The Company will hold an 80% equity in