BIT Mining Limited to Report Fourth Quarter and Full Year 2022 Financial Results on February 17, 2023

Rhea-AI Summary

BIT Mining Limited (NYSE: BTCM) has announced it will release its unaudited financial results for Q4 and the full year ending December 31, 2022, on February 17, 2023. BIT Mining, a prominent player in the cryptocurrency mining sector, operates in mining, mining pools, data centers, and mining machine manufacturing, including its ownership of the leading blockchain browser BTC.com. The company aims to enhance value across the cryptocurrency industry through vertical integration, utilizing its own mining machine manufacturer, Bee Computing.

Positive

• Announcement of impending Q4 and full-year financial results, indicating transparency and regular reporting.
• BIT Mining's vertical integration with Bee Computing may enhance operational efficiency and reduce costs.

Negative

• None.

AKRON, Ohio, Feb. 9, 2023 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining Limited" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it plans to release its unaudited financial results for the fourth quarter and full year ended December 31, 2022, before the U.S. market open on Friday, February 17, 2023.

About BIT Mining Limited

BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry. Its business covers cryptocurrency mining, mining pool, data center operation and mining machine manufacturing. The Company owns the world's top blockchain browser BTC.com and the comprehensive mining pool business operated under BTC.com, providing multi-currency mining services including BTC, ETC and LTC. The Company also owns a 7-nanometer cryptocurrency mining machine manufacturer, Bee Computing, enabling the Company's self-efficiency through vertical integration with its supply chain.

Safe Harbor Statements

This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

For more information:

BIT Mining Limited
ir@btcm.group
ir.btcm.group
www.btcm.group 

The Piacente Group, Inc.
Brandi Piacente
Tel: +1 (212) 481-2050
Email: BITMining@thepiacentegroup.com

View original content:https://www.prnewswire.com/news-releases/bit-mining-limited-to-report-fourth-quarter-and-full-year-2022-financial-results-on-february-17-2023-301742896.html

SOURCE BIT Mining Limited

FAQ

When will BIT Mining Limited release its financial results for 2022?

BIT Mining Limited will release its financial results for the fourth quarter and full year ended December 31, 2022, on February 17, 2023.

What are the main business operations of BIT Mining Limited?

BIT Mining Limited focuses on cryptocurrency mining, mining pools, data center operations, and mining machine manufacturing.

What is the ticker symbol for BIT Mining Limited?

The ticker symbol for BIT Mining Limited is BTCM.

How does BIT Mining Limited aim to create value in the cryptocurrency industry?

BIT Mining aims to create value through a long-term strategy that includes vertical integration and operational efficiency.