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BIT Mining acquires crypto mining facilities and machines in Ethiopia for $14.28 million.
BIT Mining, a cryptocurrency mining company, is acquiring 51-megawatt crypto mining data centers and 17,869 Bitcoin mining machines in Ethiopia for $14.28 million.
The transaction includes a $2.265 million cash payment and $12.015 million in class A shares.
The deal will be completed in two phases, with the first phase transferring a 35-megawatt data center and all machines by the end of the week.
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BIT Mining adquiere instalaciones y máquinas de minería criptográfica en Etiopía por $14,28 millones.