Bit Mining Ltd. (China)

The Company operates as a cryptocurrency mining company in the Mainland China, the United States, and Hong Kong.
The Company has two reportable segments, including the data center business and the cryptocurrency mining.
The Company operates a cryptocurrency mining data center in Ohio with power capacity of 82.5 megawatts; and purchases and deploys bitcoin mining machines. In addition, it engages in online gaming activities; and provision of technology services.
HISTORY
2007 The Company was incorporated under the laws of the Cayman Islands on April 20, 2007 under the original name of “Fine Success Limited”.
2011 The Company changed its name to “500wan.com” on May 9, 2011.
2013 The Company changed its name to “500.com Limited” on October 9, 2013.
The Company s ADSs began trading on the New York Stock Exchange under the ticker symbol “WBAI” on November 22, 2013.
2015 In December 2015, The Company acquired a 63 equity interest in Sumpay.cn and its wholly-owned subsidiaries, which provide third-party payment services in China.
2016 In July 2016, The Company acquired a 100 equity interest in Shenzhen Caiyu, a provider of sports information services in China.
In October 2016, The Company acquired a 51 equity interest in Shenzhen Kaisheng, a provider of online spot commodity trading services in China.
In November 2016, The Company acquired a 51 equity interest in Qufan Internet Technology Inc., and Shenzhen Qufan Network Technology Co., Ltd.
2017 In June 2017, the Company acquired a 40.65 equity interest in Loto Interactive Limited, or Loto Interactive, a company listed on the Hong Kong Stock Exchange (Stock Code: 8198).
2021 The Company changed its name to “BIT Mining Limited” on April 8, 2021.
On April 15, 2021, the Company completed the acquisition of the entire mining pool business of Blockchain Technologies Holding Company
The Company s ticker symbol on the NYSE changed to “BTCM” on April 20, 2021.