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BIT Mining Limited to Report Second Quarter 2022 Financial Results on August 19, 2022

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BIT Mining Limited (NYSE: BTCM), a cryptocurrency mining company, plans to release its unaudited financial results for Q2 ended June 30, 2022, on August 19, 2022, before market open. The company operates across various sectors, including cryptocurrency mining, mining pool operations, and miner manufacturing. Notably, BIT Mining owns BTC.com, a leading blockchain browser, and Bee Computing, specializing in 7-nanometer mining machines. These operations aim to enhance the company’s efficiency and market presence in the cryptocurrency industry.

Positive
  • Plans to release Q2 2022 financial results, indicating transparency.
  • Diversified operations in cryptocurrency mining and data center management.
  • Ownership of BTC.com enhances market reach and capabilities.
Negative
  • None.

HONG KONG, Aug. 12, 2022 /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 second quarter ended June 30, 2022, before the U.S. market open on Friday, August 19, 2022.

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 miner 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, ETH and LTC. The Company also owns a 7-nanometer cryptocurrency mining machine manufacturer, Bee Computing, furnishing its self-efficiency with vertical integration with its supply chain.

Forward-Looking 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. Important factors that could cause BIT Mining's actual results to differ materially from those indicated in the forward-looking statements include, among others: the formation of the JV, the joint development and operation of the Ohio Mining Site, and the execution and anticipated benefits of BIT Mining's growth strategy, including the transactions contemplated under the Agreements. 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 further 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

Cision View original content:https://www.prnewswire.com/news-releases/bit-mining-limited-to-report-second-quarter-2022-financial-results-on-august-19-2022-301604920.html

SOURCE BIT Mining Limited

FAQ

When will BIT Mining Limited (BTCM) release its Q2 2022 financial results?

BIT Mining Limited plans to release its Q2 2022 financial results on August 19, 2022, before the U.S. market opens.

What are the main business operations of BIT Mining Limited (BTCM)?

BIT Mining Limited operates in cryptocurrency mining, data center operations, mining pool services, and miner manufacturing.

What is the significance of BTC.com for BIT Mining Limited (BTCM)?

BTC.com is a leading blockchain browser owned by BIT Mining, providing a strategic advantage in the cryptocurrency mining market.

BIT Mining Limited

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