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BIT Mining Acquires Ethiopian Data Centers and Mining Machines

Started by Bitcoin, Dec 05, 2024, 03:29 am

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BIT Mining Acquires Ethiopian Data Centers and Mining Machines

BIT Mining Acquires Ethiopian Data Centers and Mining MachinesBIT Mining (NYSE: BTCM) has agreed to acquire 51-megawatt crypto mining data centers and 17,869 bitcoin mining machines in Ethiopia for $14.28 million. The consideration comprises a cash payment of $2.265 million and the issuance of Class A ordinary shares of the Company with a par value of $0.00005 per share, amounting to an aggregate […]

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