BIT Mining Limited Announces Unaudited Financial Results for the Fourth Quarter and Full Year ended December 31, 2023 [Yahoo! Finance]
BIT Mining Limited ADS (BTCM)
Company Research
Source: Yahoo! Finance
technology-driven cryptocurrency mining company, today reported its unaudited financial results for the fourth quarter ended December 31, 2023 On December 28, 2023 , the Company entered into an agreement with Esport – Win Limited, a Hong Kong limited liability company, to sell its entire mining pool business for a total consideration of US$5 million . The sale does not include or affect any of BIT Mining's other businesses. The disposal of the mining pool business represents a strategic shift and has a major effect on the Company's results of operations. Accordingly, the Company's consolidated financial statements for the period ended December 31, 2023 and the comparable periods have been reclassified to reflect the mining pool business segment as discontinued operations. Fourth Quarter 2023 Highlights for Continuing Operations Revenues were US$10.4 million for the fourth quarter of 2023, representing an increase of US$3.2 million from US$7.2 million for the fourth quarter of 20
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News
- BIT Mining Limited Completes Sale of its Mining Pool BusinessPR Newswire
- BIT Mining Limited Announces Unaudited Financial Results for the Fourth Quarter and Full Year ended December 31, 2023PR Newswire
- BIT Mining Limited to Report Fourth Quarter and Full Year 2023 Financial Results on February 23, 2024PR Newswire
BTCM
Earnings
- 2/23/24 - Miss
BTCM
Sec Filings
- 4/30/24 - Form 6-K
- 4/30/24 - Form NT
- 3/4/24 - Form 6-K
- BTCM's page on the SEC website