LockMeta
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
Twitter Telegram
LockMeta
Twitter Telegram
Google News
  • Latest News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
LockMeta
Bitcoin News

Bitcoin miner BIT Mining sells majority stake in subsidiary Loto Interactive

July 13, 2022
Share Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit VKontakte

Bitcoin miner BIT Mining entered into a sale and purchase agreement with an unnamed third party for a 51% stake in Loto Interactive. After the transaction, BIT Mining holds an 8.79% stake. BIT Mining said the move is in line with the company’s plans to continue expanding in the United States.

It is reported that BIT Mining controlled three bitcoin mining farms in China through Loto Interactive before the official crackdown last year. Loto Interactive was formerly an online lottery business that transformed into bitcoin mining.

Previous ArticleImmutable X will mint 100,000 NFTs for ApeCoin holders
Next Article The full node incentive protocol StrongBlock has supported Fantom

Related News

March 24, 2023

Michael Novogratz: Bitcoin is a transcript of monetary policy and financial stability

March 23, 2023

US Congress Introduces Bill to Encourage Bitcoin Mining in the US

March 22, 2023

Report: Bitcoin Spot Buys Drive Market Rally

March 19, 2023

Ex-Coinbase CTO Takes Million-Dollar Bet On Bitcoin Price With Twitter User

March 19, 2023

Former Coinbase CTO: Bitcoin Will Hit $1 Million in 90 Days

March 16, 2023

Encrypted asset company Hashdex plans to launch bitcoin spot ETF

March 15, 2023

Data: 30-day correlation between Bitcoin and European stocks falls below -0.2, hitting a two-year low

March 13, 2023

Bitcoin breaks through $23,000, U.S. stock blockchain concept stocks rise

The Latest
Business News March 26, 2023
LVMH group executives said: LVMH is more advocating Web 2.5
Ethereum News March 26, 2023
The total lock-up volume on Ethereum Layer 2 is 8.713 billion USD
Altcoin News March 26, 2023
Data: USDC circulation decreased by $2.1 billion in the past week
Market News March 26, 2023
Industry insiders: the UK has already experienced encrypted banking difficulties
Ethereum News March 26, 2023
2023-PBW successfully concluded

LockMeta provides the latest crypto news flash including Bitcoin, Ethereum, Altcoins, NFTs, Metaverse, Business and Policy. Get today's latest crypto news in a minute.

Twitter Telegram
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
  • About Us
  • Contact Us
  • Advertise
  • Terms of Service
  • Privacy Policy
© 2023 LockMeta.

Type above and press Enter to search. Press Esc to cancel.