▣About BIT Mining Limited

BIT Mining Limited is a Cayman Islands–incorporated, publicly traded cryptocurrency infrastructure company listed on the NYSE under the ticker BTCM; the company transitioned from its prior listing/name (500.com) and refocused on blockchain and mining beginning in December 2020.

BIT Mining’s business centers on Bitcoin-focused activities — large-scale cryptocurrency mining, data‑center operations and related asset holdings (including mining machines and acquisitions of mining data centers), with primary deployments in the United States (including an Akron, Ohio site with up to 82.5 MW of power) and international sites such as Ethiopia; the company has migrated mining operations out of China as part of that strategic shift.

The company’s senior leadership includes Chief Executive Officer Xianfeng Yang (CEO since December 21, 2020) and Chief Financial Officer Qiang Yuan; company filings also reference longtime executive Shengwu Wu among the group’s historical leadership and board-level figures.

BIT Mining positions itself as a technology-driven operator that combines mining operations, data-center infrastructure and digital-asset management to scale Bitcoin production and supporting services for institutional and infrastructure customers.