RTTNews | May 27, 2021 10:21AM EDT

10:21 Thursday, May 27, 2021 (RTTNews.com) - The stock, BIT Mining Ltd. (BTCM), is currently trading at $8.43, up $1.35 or 19.07%, with trading volume rising over 2.36 million versus an average volume of 527K shares. BTCM has been trading in the range of $2.51 - $35.00 for the past one year.

On May 24, BIT Mining said it entered into a binding investment term sheet with a Kazakhstan-based company to jointly invest in a cryptocurrency mining data center in Kazakhstan. Pursuant to the Term Sheet, the company would invest a total amount of US$9.33 million to jointly construct and operate the Kazakhstan Mining Data Center.

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