Facility OperationsBIT Mining's main facility in Akron, Ohio, operated at approximately 85-90% of its 82.5MW capacity, increasing hosting revenue significantly.
Market ConditionsBTCM benefits from favorable market conditions, highlighted by a year-to-date rally in Dogecoin and Litecoin, driven by improved regulatory anticipation and market enthusiasm.
Regulatory ComplianceBIT Mining regained compliance with NYSE listing requirements, operating with a clean regulatory slate.