BIT Mining To Sell Remaining Shares In Crypto Flow HK$18.31 Mln

RTTNews | 831 dias atrás
BIT Mining To Sell Remaining Shares In Crypto Flow HK$18.31 Mln

(RTTNews) - Cryptocurrency mining company BIT Mining Ltd (BTCM) announced Wednesday that the Company entered into a share sale and purchase agreement with an unaffiliated third party, pursuant to which the Company agreed to sell, and the Buyer agreed to purchase, all of the Company's remaining share ownership in Crypto Flow Technology Ltd., previously known as Loto Interactive Ltd.

The remaining share in Crypto Flow represents of 48.20 million shares or about 8.79% of the total issued share capital of Crypto Flow, at the price of HK$0.38 per share for the total consideration of HK$18.31 million.

The transaction and its terms are subject to satisfaction of the conditions set out in the Sale and Purchase Agreement, including by relevant regulatory authorities. Upon completion of the transaction, the Company will not own any shares in Crypto Flow.

Pursuant to the transaction previously announced on July 12, 2022, and completed on July 26, 2022, the Company sold approximately 51% of the total issued share capital of Crypto Flow, reducing the Company's share ownership in Crypto Flow to 8.79%.

Marcadores : BTCM
read more
U.S. Dollar Lower After Fed Bowman's Comments

U.S. Dollar Lower After Fed Bowman's Comments

The U.S. dollar dropped against its major counterparts in the New York session on Monday, following dovish comments from Federal Reserve Governor Michelle Bowman.
RTTNews | 1h 36min atrás
Swiss Stock Market Extends Losing Streak

Swiss Stock Market Extends Losing Streak

The Swiss stock market spent all of Monday bouncing back and forth across the unchanged line, but a late swoon saw the SMI extend its losing streak to seven sessions - costing it more than 465 points or 4 percent in that span.
RTTNews | 4h 36min atrás
European Stock Market Sink On Monday

European Stock Market Sink On Monday

European stocks finished modestly lower on Monday as investors waited for Iran's response to the weekend U.S. air strikes on its nuclear sites.
RTTNews | 4h 50min atrás
Tesla Stock Gains As Robotaxi Hits On Austin Roads

Tesla Stock Gains As Robotaxi Hits On Austin Roads

Tesla Inc. officially launched its highly anticipated Robotaxi driverless taxi service in Austin, Texas, on Sunday. Currently, the company is providing service in limited areas of Austin. The vehicles were confined to certain streets, and the riders reportedly included investors and social-media influencers who live-streamed their trips. On the Nasdaq, Tesla shares are currently gaining around 7
RTTNews | 7h 37min atrás
UK Private Sector Grows At Fastest Pace In 3 Months

UK Private Sector Grows At Fastest Pace In 3 Months

The UK private sector output picked up at the strongest pace in three months in June after business volume returned to growth, flash survey results from S&P Global showed on Monday. The flash composite output index registered 50.7 in June, up from 50.3 in May. The reading was above the crucial 50.0 no-change value for the second straight month.
RTTNews | 9h 6min atrás
FTSE 100 Records Lower Losses

FTSE 100 Records Lower Losses

The FTSE 100 benchmark of the London Stock Exchange outperformed its peers in the region with lower losses in the wake of the sharp escalation in Middle East tensions over the course of the weekend.
RTTNews | 9h 34min atrás
Eurozone Private Sector Expands For Sixth Straight Month

Eurozone Private Sector Expands For Sixth Straight Month

The euro area private sector expanded for the sixth straight month in June as sustained increases in manufacturing output coincided with a stabilization of services activity, flash purchasing managers' survey results from S&P Global showed on Monday. The flash HCOB composite output index remained unchanged at 50.2 in June. The index posted above the 50.0 no change mark for the sixth month.
RTTNews | 10h 4min atrás