Bit Mining BIT Mining issued an additional US$50 million to purchase mining machines and build new overseas data centers

BIT Mining, a US-listed company, announced that it has signed a securities purchase agreement with certain institutional investors in the United States, and will sell US$50 million worth of Class A common stocks and US$68.1 million worth of warrants by way of a private placement. The company plans to use the proceeds from the issuance to purchase mining machines, build new overseas data centers, enhance technical infrastructure and corporate working capital