BIT Mining Completes Acquisition of Ethiopian Data Center, Valued at Approximately $210.0 million

BIT Mining (Nasdaq: BTCM) completes its Phase Two data center acquisition in Ethiopia, exchanging 45.30 million shares (market value of approximately $209.6 million) for the remaining crypto mining assets, increasing total installed capacity to 51 megawatts (MW). Previously, BIT Mining announced plans to raise $200 million to $300 million to deploy a Solana ($SOL) vault and operate validation nodes to obtain staking收益. [Blockspace]