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BIT Mining Limited to Report Third Quarter 2022 Financial Results on November 17, 2022

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BIT Mining Limited (NYSE: BTCM), a leading cryptocurrency mining company, will report its unaudited financial results for the third quarter ended September 30, 2022, before the U.S. market opens on November 17, 2022. The company focuses on cryptocurrency mining, mining pools, data center operations, and miner manufacturing. BIT Mining operates the blockchain browser BTC.com and offers multi-currency mining services. The company emphasizes its long-term strategy to add value to the cryptocurrency industry through vertical integration and innovative mining solutions.

Positive
  • Focus on vertical integration through Bee Computing for enhanced supply chain efficiency.
  • Diverse revenue streams from cryptocurrency mining, mining pools, and extensive service offerings.
Negative
  • Forward-looking statements indicate potential risks and uncertainties affecting future performance.

AKRON, Ohio, Nov. 10, 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 third quarter ended September 30, 2022, before the U.S. market open on Thursday, November 17, 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, enabling the Company's self-efficiency through 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-third-quarter-2022-financial-results-on-november-17-2022-301674204.html

SOURCE BIT Mining Limited

FAQ

When will BIT Mining Limited report its Q3 2022 financial results?

BIT Mining Limited will release its Q3 2022 financial results on November 17, 2022, before the U.S. market opens.

What are the main services provided by BIT Mining Limited?

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

What is the primary focus of BIT Mining Limited's business strategy?

The primary focus of BIT Mining Limited's business strategy is to create value across the cryptocurrency industry through vertical integration and diversified services.

What key risks are associated with BIT Mining Limited's forward-looking statements?

Key risks include uncertainties related to market conditions, joint ventures, and the execution of growth strategies.

BIT Mining Limited

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