BIT Mining Limited Bolsters Stockholders’ Equity to Meet NYSE Criteria

BIT Mining ( (BTCM) ) just unveiled an update.

BIT Mining Limited has announced that its stockholders’ equity exceeds $50 million, attributed to its acquisition of crypto mining data centers and issuance of American depositary shares. This development ensures the company’s compliance with the NYSE’s listing criteria, crucial for maintaining its market position and investor confidence.

More about BIT Mining

BIT Mining Limited operates in the cryptocurrency mining industry, focusing primarily on the acquisition and management of crypto mining data centers and Bitcoin mining machines.

YTD Price Performance: -32.54%

Average Trading Volume: 230,040

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $37.78M

For detailed information about BTCM stock, go to TipRanks’ Stock Analysis page.