BIT Mining Limited to Report Fourth Quarter and Full Year 2024 Financial Results on February 28, 2025

Rhea-AI Summary

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, has announced plans to release its unaudited financial results for the fourth quarter and full year ended December 31, 2024. The financial report will be released after the U.S. market close on Friday, February 28, 2025.

The company, based in Akron, Ohio, made this announcement on February 25, 2025. The upcoming financial disclosure will provide insights into BIT Mining's performance throughout the final quarter and complete fiscal year of 2024.

AKRON, Ohio, Feb. 25, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that it plans to release its unaudited financial results for the fourth quarter and full year ended December 31, 2024, after the U.S. market close on Friday, February 28, 2025.

About BIT Mining

BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company with operations in cryptocurrency mining, data center operation and mining machine manufacturing. The Company is strategically creating long-term value across the industry with its cryptocurrency ecosystem. Anchored by its cost-efficient data centers that strengthen its profitability with steady cash flow, the Company also conducts self-mining operations that enhance its marketplace resilience by leveraging self-developed and purchased mining machines to seamlessly adapt to dynamic cryptocurrency pricing. The Company also owns 7-nanometer BTC chips and has strong capabilities in the development of LTC/DOGE miners and ETC miners.

Safe Harbor Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.

For more information:

BIT Mining Limited
ir@btcm.group
ir.btcm.group   
www.btcm.group 

Piacente Financial Communications
Brandi Piacente
Tel: +1 (212) 481-2050
Email: BITMining@thepiacentegroup.com

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SOURCE BIT Mining Limited

FAQ

When will BTCM release its Q4 and full year 2024 financial results?

BIT Mining (BTCM) will release its Q4 and full year 2024 unaudited financial results after the U.S. market close on Friday, February 28, 2025.

What period will BTCM's upcoming financial report cover?

BTCM's upcoming financial report will cover the fourth quarter and full year ended December 31, 2024.

Is BTCM's February 28, 2025 financial report audited or unaudited?

BTCM's financial report to be released on February 28, 2025 will contain unaudited financial results for Q4 and full year 2024.

What is BIT Mining's stock symbol and exchange listing?

BIT Mining trades on the New York Stock Exchange (NYSE) under the ticker symbol BTCM.

What is BIT Mining's primary business focus?

BIT Mining is described as a leading technology-driven cryptocurrency mining company.