BIT Mining Limited announces agreement to sell its mining pool business

BIT Mining Limited (NYSE: BTCM) announced that it has agreed to sell its entire mining pool business operated under BTC.com to Esport Win Limited for a total price of $5 million. As the cryptocurrency net liabilities of the business are approximately $11 million, the sale is expected to increase the total equity of BIT Mining's shareholders by approximately $16 million. This sale does not include or affect any other business of BIT Mining.