[144] BIT Mining Limited SEC Filing

Rhea-AI Filing Summary

BIT Mining Limited (BTCM) submitted a Form 144 notifying a proposed sale of 100,000 ADRs with an aggregate market value of $265,000, scheduled approximately for 08/18/2025 on the NYSE. The filing identifies the broker as The Core Securities Company Limited in Hong Kong and reports 16,340,000 ADRs outstanding. The securities offered derive from multiple vesting events of Restricted Share Units (RSUs) granted under the issuer's incentive plan between 06/01/2022 and 06/01/2025, totaling the lots listed in the filing. The filer reports no securities sold by the account in the past three months and includes the standard representation that they are unaware of undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Notice of proposed sale of 100,000 ADRs (approx. $265k) arising from vested RSUs; modest in size relative to outstanding ADRs.

The Form 144 provides clear disclosure of an intended sale of 100,000 ADRs on or about 08/18/2025 via The Core Securities Company Limited. Acquisition details show these ADRs originate from a series of RSU vestings between 2022 and 2025, indicating the shares are controlled/insider-derived rather than open-market purchases. With 16.34 million ADRs outstanding, the proposed sale represents roughly 0.6% of outstanding ADRs, which is unlikely to be materially dilutive or trigger major market impact by itself. The absence of any sales in the past three months is consistent with limited recent insider monetization activity.

Corporate Governance Expert

TL;DR: Filing documents routine insider sale under Rule 144 tied to RSU vesting; includes required attestation about material non-public information.

The submission documents compliance with Rule 144 disclosures for an insider-related sale and enumerates vesting dates and amounts from the issuer's share incentive plan. The signer affirms no material undisclosed information exists, and no 10b5-1 plan is indicated. From a governance perspective, the filing meets procedural requirements and provides transparency about the source of the shares and the broker involved. There are no disclosures of concurrent departures, agreements, or additional governance actions.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
ADR (Common)	The Core Securities Company Limited 20/F, Standard Chartered Bank Building 4-4A Des Voeux Road Central, Hong Kong K3 999077	100000	265000.00	16340000	08/18/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
ADR (Common)	06/01/2022	Vesting of Restricted Share Units granted pursuant to the Issuer's Share Incentive Plan	BIT MiningLimited			600	06/01/2022	Vesting of Restricted Share Units
ADR (Common)	06/01/2022	Vesting of Restricted Share Units granted pursuant to the Issuer's Share Incentive Plan	BIT Mining Limited			5850	06/01/2022	Vesting of Restricted Share Units
ADR (Common)	03/10/2023	Vesting of Restricted Share Units granted pursuant to the Issuer's Share Incentive Plan	BIT Mining Limited			2731	03/10/2023	Vesting of Restricted Share Units
ADR (Common)	03/10/2023	Vesting of Restricted Share Units granted pursuant to the Issuer's Share Incentive Plan	BIT Mining Limited			25684	03/10/2023	Vesting of Restricted Share Units
ADR (Common)	06/01/2024	Vesting of Restricted Share Units granted pursuant to the Issuer's Share Incentive Plan	BIT Mining Limited			3446	06/01/2024	Vesting of Restricted Share Units
ADR (Common)	06/01/2024	Vesting of Restricted Share Units granted pursuant to the Issuer's Share Incentive Plan	BIT Mining Limited			33333	06/01/2024	Vesting of Restricted Share Units
ADR (Common)	06/01/2025	Vesting of Restricted Share Units granted pursuant to the Issuer's Share Incentive Plan	BIT Mining Limited			33300	06/01/2025	Vesting of Restricted Share Units
ADR (Common)	06/01/2025	Vesting of Restricted Share Units granted pursuant to the Issuer's Share Incentive Plan	BIT Mining Limited			3502	06/01/2025	Vesting of Restricted Share Units

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for BTCM disclose about the planned sale?

The filing discloses a proposed sale of 100,000 ADRs with an aggregate market value of $265,000, approx sale date 08/18/2025 on the NYSE.

Where do the shares being sold originate from according to the filing?

The shares derive from multiple vesting of Restricted Share Units (RSUs) granted under the issuer's Share Incentive Plan between 06/01/2022 and 06/01/2025.

Has the filer sold any BTCM securities in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

Which broker is named in the Form 144 for executing the sale?

The broker listed is The Core Securities Company Limited located at Standard Chartered Bank Building, Hong Kong.

How large is the proposed sale relative to outstanding ADRs?

The filing reports 16,340,000 ADRs outstanding; the proposed 100,000 ADR sale is roughly 0.6% of outstanding ADRs.