SHENZHEN, China, May 7, 2021 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ('BIT Mining Limited' or the 'Company'), a leading cryptocurrency min...
The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in a share exchange agreement.
The stock market rally held up, though speculative growth stocks struggled. Bitcoin hit highs. Twilio, Palantir and Walmart were notable earnings movers.
Bitcoin is driving the company's shares higher.
Bitcoin prices were back below $50,000 Tuesday after topping that milestone for the first time amid more mainstream acceptance.