BIT Mining Ltd. Completes Second Phase of Acquisition for Cryptomining Data Centers in Ethiopia

Reuters

2025/07/14

BIT Mining Ltd. Completes Second Phase of Acquisition for Cryptomining Data Centers in Ethiopia

BIT Mining Limited $(BTCM)$, a leading technology-driven cryptocurrency asset company, has announced the completion of the second phase of its acquisition of cryptomining data centers and Bitcoin mining machines in Ethiopia. Initially agreed upon on December 3, 2024, the second phase was finalized with the issuance of an additional 45,278,600 Class A ordinary shares, securing the remaining data centers and deploying corresponding Bitcoin mining machines. As a result, the total power capacity of these data centers now amounts to 51 megawatts. CEO Xianfeng Yang noted that while the company continues advancing its cryptomining operations, it is also shifting focus towards exploring opportunities within the Solana ecosystem to align with emerging trends and drive long-term growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BIT Mining Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN29373) on July 14, 2025, and is solely responsible for the information contained therein.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2551114907"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2551114907\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2551114907?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-14 18:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2551114907","market":"nz","top_or_hot":-1,"title":"BIT Mining Ltd. Completes Second Phase of Acquisition for Cryptomining Data Centers in Ethiopia","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      BIT Mining Ltd. Completes Second Phase of Acquisition for Cryptomining Data Centers in Ethiopia\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        BIT Mining Limited <a href=\"https://laohu8.com/S/BTCM\">$(BTCM)$</a>, a leading technology-driven cryptocurrency asset company, has announced the completion of the second phase of its acquisition of cryptomining data centers and Bitcoin mining machines in Ethiopia. Initially agreed upon on December 3, 2024, the second phase was finalized with the issuance of an additional 45,278,600 Class A ordinary shares, securing the remaining data centers and deploying corresponding Bitcoin mining machines. As a result, the total power capacity of these data centers now amounts to 51 megawatts. CEO Xianfeng Yang noted that while the company continues advancing its cryptomining operations, it is also shifting focus towards exploring opportunities within the Solana ecosystem to align with emerging trends and drive long-term growth.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BIT Mining Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN29373) on July 14, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BIT Mining Ltd. Completes Second Phase of Acquisition for Cryptomining Data Centers in Ethiopia</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBIT Mining Ltd. Completes Second Phase of Acquisition for Cryptomining Data Centers in Ethiopia\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-14 18:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      BIT Mining Ltd. Completes Second Phase of Acquisition for Cryptomining Data Centers in Ethiopia\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        BIT Mining Limited <a href=\"https://laohu8.com/S/BTCM\">$(BTCM)$</a>, a leading technology-driven cryptocurrency asset company, has announced the completion of the second phase of its acquisition of cryptomining data centers and Bitcoin mining machines in Ethiopia. Initially agreed upon on December 3, 2024, the second phase was finalized with the issuance of an additional 45,278,600 Class A ordinary shares, securing the remaining data centers and deploying corresponding Bitcoin mining machines. As a result, the total power capacity of these data centers now amounts to 51 megawatts. CEO Xianfeng Yang noted that while the company continues advancing its cryptomining operations, it is also shifting focus towards exploring opportunities within the Solana ecosystem to align with emerging trends and drive long-term growth.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BIT Mining Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN29373) on July 14, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4600","symbol_name":"加密货币概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250714:nNDL8DpbmD:1","article_id":"2551114907","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551114907","pubTimestamp":1752489040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BIT Mining Limited , a leading technology-driven cryptocurrency asset company, has announced the completion of the second phase of its acquisition of cryptomining data centers and Bitcoin mining machines in Ethiopia. Initially agreed upon on December 3, 2024, the second phase was finalized with the issuance of an additional 45,278,600 Class A ordinary shares, securing the remaining data centers and deploying corresponding Bitcoin mining machines. As a result, the total power capacity of these data centers now amounts to 51 megawatts. CEO Xianfeng Yang noted that while the company continues advancing its cryptomining operations, it is also shifting focus towards exploring opportunities within the Solana ecosystem to align with emerging trends and drive long-term growth.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purpo","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4600":"加密货币概念","BK4595":"比特币概念","BK4023":"应用软件"},"translate_title":"BIT Mining Ltd.完成埃塞俄比亚加密数据中心第二阶段收购","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTCM":0.9},"content_text":"BIT Mining Ltd. Completes Second Phase of Acquisition for Cryptomining Data Centers in Ethiopia\n    \n\n        BIT Mining Limited $(BTCM)$, a leading technology-driven cryptocurrency asset company, has announced the completion of the second phase of its acquisition of cryptomining data centers and Bitcoin mining machines in Ethiopia. Initially agreed upon on December 3, 2024, the second phase was finalized with the issuance of an additional 45,278,600 Class A ordinary shares, securing the remaining data centers and deploying corresponding Bitcoin mining machines. As a result, the total power capacity of these data centers now amounts to 51 megawatts. CEO Xianfeng Yang noted that while the company continues advancing its cryptomining operations, it is also shifting focus towards exploring opportunities within the Solana ecosystem to align with emerging trends and drive long-term growth.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BIT Mining Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN29373) on July 14, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}