SEC Info℠  
    Home      Search      My Interests      Help      Sign In      Please Sign In

BIT Mining Ltd. – ‘6-K’ for 6/30/22

On:  Thursday, 9/29/22, at 6:39am ET   ·   For:  6/30/22   ·   Accession #:  1410578-22-2822   ·   File #:  1-36206

Previous ‘6-K’:  ‘6-K’ on / for 8/19/22   ·   Next:  ‘6-K’ on / for 11/17/22   ·   Latest:  ‘6-K’ on / for 3/4/24

Find Words in Filings emoji
 		  in    Show  and   ↓Hints

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/29/22  BIT Mining Ltd.                   6-K         6/30/22  108:13M                                    Toppan Merrill/FA2

Current, Quarterly or Annual Report by a Foreign Issuer   —   Form 6-K   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 6-K         Current, Quarterly or Annual Report by a Foreign    HTML    206K 
                Issuer                                                           
 2: EX-99.1     Miscellaneous Exhibit                               HTML   1.89M 
 3: EX-99.2     Miscellaneous Exhibit                               HTML    218K 
 9: R1          Document and Entity Information                     HTML     42K 
10: R2          Unaudited Interim Condensed Consolidated Balance    HTML    194K 
                Sheets                                                           
11: R3          Unaudited Interim Condensed Consolidated Balance    HTML     50K 
                Sheets (Parenthetical)                                           
12: R4          Unaudited Interim Condensed Consolidated            HTML    218K 
                Statements of Comprehensive Loss                                 
13: R5          Unaudited Interim Condensed Consolidated            HTML    181K 
                Statements of Cash Flows                                         
14: R6          Unaudited Interim Condensed Consolidated            HTML    101K 
                Statements of Changes in Shareholders' Equity                    
15: R7          Organization                                        HTML    156K 
16: R8          Summary of Significant Accounting Policies          HTML     85K 
17: R9          Concentration of Risks                              HTML     42K 
18: R10         Asset Acquisition                                   HTML     46K 
19: R11         Investments                                         HTML     42K 
20: R12         Cryptocurrency Assets                               HTML     55K 
21: R13         Prepayments and Other Receivables                   HTML     48K 
22: R14         Property and Equipment, Net                         HTML     51K 
23: R15         Intangible Assets, Net                              HTML     69K 
24: R16         Operating Leases                                    HTML     55K 
25: R17         Accounts Payables                                   HTML     42K 
26: R18         Accrued Expenses and Other Current Liabilities      HTML     50K 
27: R19         Income Taxes                                        HTML     38K 
28: R20         Assets and Liabilities Held for Sale                HTML     53K 
29: R21         Share-Based Payment                                 HTML    195K 
30: R22         Related Party Transactions                          HTML     43K 
31: R23         Commitments and Contingencies                       HTML     36K 
32: R24         Losses Per Share                                    HTML    162K 
33: R25         Equity Transactions                                 HTML     41K 
34: R26         Purchase of Non-Controlling Interest                HTML     38K 
35: R27         Segment Reporting                                   HTML    103K 
36: R28         Discontinued Operations                             HTML     50K 
37: R29         Subsequent Events                                   HTML     33K 
38: R30         Summary of Significant Accounting Policies          HTML    121K 
                (Policies)                                                       
39: R31         Organization (Tables)                               HTML    153K 
40: R32         Summary of Significant Accounting Policies          HTML     38K 
                (Tables)                                                         
41: R33         Concentration of Risks (Tables)                     HTML     39K 
42: R34         Asset Acquisition (Tables)                          HTML     46K 
43: R35         Investments (Tables)                                HTML     41K 
44: R36         Cryptocurrency Assets (Tables)                      HTML     57K 
45: R37         Prepayments and Other Receivables (Tables)          HTML     48K 
46: R38         Property and Equipment, Net (Tables)                HTML     49K 
47: R39         Intangible Assets, Net (Tables)                     HTML     71K 
48: R40         Operating Leases (Tables)                           HTML     55K 
49: R41         Accounts Payables (Tables)                          HTML     41K 
50: R42         Accrued Expenses and Other Current Liabilities      HTML     49K 
                (Tables)                                                         
51: R43         Assets and Liabilities Held for Sale (Tables)       HTML     52K 
52: R44         Share-Based Payment (Tables)                        HTML    199K 
53: R45         Related Party Transactions (Tables)                 HTML     37K 
54: R46         Losses Per Share (Tables)                           HTML    161K 
55: R47         Purchase of Non-Controlling Interest (Tables)       HTML     36K 
56: R48         Segment Reporting (Tables)                          HTML    103K 
57: R49         Discontinued Operations (Tables)                    HTML     50K 
58: R50         Organization (Schedule of Variable Interest         HTML    180K 
                Entity) (Details)                                                
59: R51         Organization (Narrative) (Details)                  HTML     48K 
60: R52         Summary of Significant Accounting Policies          HTML     51K 
                (Estimated Useful Lives of Intangible Assets)                    
                (Details)                                                        
61: R53         Summary of Significant Accounting Policies          HTML     71K 
                (Narrative) (Details)                                            
62: R54         Concentration of Risks (Details)                    HTML     35K 
63: R55         Asset Acquisition (Calculation of the purchase      HTML     41K 
                consideration) (Details)                                         
64: R56         Asset Acquisition (Estimated fair value of the      HTML     56K 
                assets acquired) (Details)                                       
65: R57         Investments (Schedule of Long-term Investments)     HTML     33K 
                (Details)                                                        
66: R58         Investments (Narrative) (Details)                   HTML     38K 
67: R59         Cryptocurrency Assets (Details)                     HTML     68K 
68: R60         Cryptocurrency Assets - Additional information      HTML     44K 
                (Details)                                                        
69: R61         Prepayments and Other Receivables (Summary of       HTML     44K 
                Prepayments and Other Current Assets) (Details)                  
70: R62         Property and Equipment, Net (Schedule of Property   HTML     49K 
                and Equipment) (Details)                                         
71: R63         Property and Equipment, Net (Narrative) (Details)   HTML     39K 
72: R64         Intangible Assets, Net (Schedule of Intangible      HTML     53K 
                Assets) (Details)                                                
73: R65         Intangible Assets, Net (Schedule of Estimated       HTML     44K 
                Amortization Expense) (Details)                                  
74: R66         Intangible Assets, Net (Narrative) (Details)        HTML     35K 
75: R67         Operating Leases (Operating lease related assets    HTML     40K 
                and liabilities) (Details)                                       
76: R68         Operating Leases (Summary of maturity of operating  HTML     45K 
                leases liabilities) (Details)                                    
77: R69         Operating Leases (Narratives) (Details)             HTML     49K 
78: R70         Accounts Payables (Details)                         HTML     35K 
79: R71         Accrued Expenses and Other Current Liabilities      HTML     44K 
                (Details)                                                        
80: R72         Income Taxes (Details)                              HTML     76K 
81: R73         Income Taxes (Schedule of Income (Loss) before      HTML     33K 
                Income Taxes) (Details) (Imported) (Imported)                    
82: R74         Assets and Liabilities Held for Sale (Details)      HTML     80K 
83: R75         Share-Based Payment (Summary of Share Option        HTML    130K 
                Activity and Related Information) (Details)                      
84: R76         Share-Based Payment (Schedule of Share-Based        HTML     52K 
                Compensation Expenses Relating to Options Granted)               
                (Details)                                                        
85: R77         Share-Based Payment (Narrative) (Details)           HTML     37K 
86: R78         Share-Based Payment (Summary of Warrants            HTML     72K 
                (Excluding Pre-Funded Warrants) Activity and                     
                Related Information ) (Details)                                  
87: R79         Share-Based Payment (Additional information)        HTML     42K 
                (Details)                                                        
88: R80         Related Party Transactions (Amounts due from a      HTML     33K 
                Related Party) (Details)                                         
89: R81         Related Party Transactions (Amount due to Related   HTML     43K 
                Party) (Details)                                                 
90: R82         Related Party Transactions (Equity transaction      HTML     57K 
                with a related party) (Details)                                  
91: R83         Related Party Transactions (Related Party           HTML     36K 
                transactions) (Details)                                          
92: R84         Commitments and Contingencies (Narrative)           HTML     28K 
                (Details)                                                        
93: R85         Losses Per Share (Details)                          HTML     92K 
94: R86         Losses Per Share (Schedule of earnings per share    HTML     74K 
                basic and diluted from discontinued operations)                  
                (Details)                                                        
95: R87         Equity Transactions (Narrative) (Details)           HTML    119K 
96: R88         Purchase of Non-Controlling Interest (Details)      HTML     52K 
97: R89         Purchase of Non-Controlling Interest - Purchase     HTML     38K 
                price summary (Details)                                          
98: R90         Segment Reporting (Details)                         HTML    107K 
99: R91         Segment Reporting - geographical locations          HTML     56K 
                (Details)                                                        
100: R92         Discontinued Operations - (Disposition of VIEs and  HTML     31K  
                VIE subsidiaries) (Details)                                      
101: R93         Discontinued Operations (The Condensed Cash Flows   HTML     38K  
                Of Qufan) (Details)                                              
102: R94         Discontinued Operations (The Operating Results      HTML     48K  
                From Discontinued Operations) (Details)                          
103: R95         Subsequent Events (Narrative) (Details)             HTML     86K  
106: XML         IDEA XML File -- Filing Summary                      XML    211K  
104: XML         XBRL Instance -- btcm-20220630x6k_htm                XML   3.21M  
105: EXCEL       IDEA Workbook of Financial Reports                  XLSX    214K  
 5: EX-101.CAL  XBRL Calculations -- btcm-20220630_cal               XML    240K 
 6: EX-101.DEF  XBRL Definitions -- btcm-20220630_def                XML   1.74M 
 7: EX-101.LAB  XBRL Labels -- btcm-20220630_lab                     XML   2.33M 
 8: EX-101.PRE  XBRL Presentations -- btcm-20220630_pre              XML   1.92M 
 4: EX-101.SCH  XBRL Schema -- btcm-20220630                         XSD    386K 
107: JSON        XBRL Instance as JSON Data -- MetaLinks              674±  1.05M  
108: ZIP         XBRL Zipped Folder -- 0001410578-22-002822-xbrl      Zip    510K

‘6-K’   —   Current, Quarterly or Annual Report by a Foreign Issuer

Document Table of Contents

Page (sequential)   (alphabetic) ↑Top
 
11st Page  –  Filing Submission
"Table of Contents
"Signature

This is an HTML Document rendered as filed.  [ Alternative Formats ]

 iX:   C:   C:   C:   C:   C: 
 i 0001517496 i --12-31 i 2022 i false i 2022-06-30 i Q200015174962022-01-012022-06-300001517496us-gaap:CommonClassBMember2021-01-012021-06-300001517496dei:AdrMemberus-gaap:PrivatePlacementMember2022-06-272022-06-270001517496srt:ExecutiveOfficerMember2021-04-052021-04-050001517496us-gaap:SeriesOfIndividuallyImmaterialBusinessAcquisitionsMemberus-gaap:CommonClassAMember2021-01-012021-06-300001517496us-gaap:CommonClassAMemberus-gaap:PrivatePlacementMember2021-01-012021-06-300001517496btcm:DefinitiveShareSubscriptionAgreementWithGoodLuckInformationTechnologyCo.LimitedMember2020-12-012020-12-310001517496us-gaap:CommonClassAMember2022-05-312022-05-310001517496us-gaap:TreasuryStockCommonMember2022-06-300001517496us-gaap:RetainedEarningsMember2022-06-300001517496us-gaap:NoncontrollingInterestMember2022-06-300001517496us-gaap:CommonStockMember2022-06-300001517496us-gaap:AdditionalPaidInCapitalMember2022-06-300001517496us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-06-300001517496us-gaap:TreasuryStockCommonMember2021-12-310001517496us-gaap:RetainedEarningsMember2021-12-310001517496us-gaap:NoncontrollingInterestMember2021-12-310001517496us-gaap:CommonStockMember2021-12-310001517496us-gaap:AdditionalPaidInCapitalMember2021-12-310001517496us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-12-310001517496us-gaap:TreasuryStockCommonMember2021-06-300001517496us-gaap:RetainedEarningsMember2021-06-300001517496us-gaap:NoncontrollingInterestMember2021-06-300001517496us-gaap:CommonStockMember2021-06-300001517496us-gaap:AdditionalPaidInCapitalMember2021-06-300001517496us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-06-300001517496us-gaap:TreasuryStockCommonMember2020-12-310001517496us-gaap:RetainedEarningsMember2020-12-310001517496us-gaap:NoncontrollingInterestMember2020-12-310001517496us-gaap:CommonStockMember2020-12-310001517496us-gaap:AdditionalPaidInCapitalMember2020-12-310001517496us-gaap:AccumulatedOtherComprehensiveIncomeMember2020-12-310001517496us-gaap:PreferredClassAMember2021-06-300001517496us-gaap:CommonClassBMember2020-12-310001517496us-gaap:CommonClassAMember2020-12-310001517496btcm:DefinitiveShareSubscriptionAgreementWithGoodLuckInformationTechnologyCo.LimitedMember2020-12-180001517496btcm:LotoInteractiveLimitedMemberus-gaap:SubsequentEventMember2022-07-120001517496srt:ExecutiveOfficerMember2021-04-050001517496us-gaap:RestrictedStockUnitsRSUMember2020-01-012020-12-310001517496btcm:EmployeesAndDirectorsMember2020-01-012020-12-3100015174962020-01-012020-12-310001517496us-gaap:CommonClassAMember2021-01-012021-12-3100015174962021-03-282021-03-2800015174962011-03-282011-03-280001517496srt:ReportableGeographicalComponentsMembersrt:EuropeMember2022-01-012022-06-300001517496srt:ReportableGeographicalComponentsMembercountry:US2022-01-012022-06-300001517496srt:ReportableGeographicalComponentsMembercountry:KZ2022-01-012022-06-300001517496srt:ReportableGeographicalComponentsMembercountry:HK2022-01-012022-06-300001517496srt:ReportableGeographicalComponentsMemberbtcm:BlockchainMember2022-01-012022-06-300001517496srt:ReportableGeographicalComponentsMember2022-01-012022-06-300001517496srt:ReportableGeographicalComponentsMembersrt:EuropeMember2021-01-012021-06-300001517496srt:ReportableGeographicalComponentsMembercountry:HK2021-01-012021-06-300001517496srt:ReportableGeographicalComponentsMembercountry:CN2021-01-012021-06-300001517496srt:ReportableGeographicalComponentsMemberbtcm:BlockchainMember2021-01-012021-06-300001517496srt:ReportableGeographicalComponentsMember2021-01-012021-06-300001517496btcm:DataCenterOperationMemberbtcm:LotoInteractiveInformationTechnologyShenzhenLimitedMember2022-01-012022-06-300001517496btcm:LotoInteractiveInformationTechnologyShenzhenLimitedMember2022-01-012022-06-300001517496btcm:DataCenterOperationMemberbtcm:LotoInteractiveInformationTechnologyShenzhenLimitedMember2021-01-012021-06-300001517496btcm:LotoInteractiveInformationTechnologyShenzhenLimitedMember2021-01-012021-06-300001517496us-gaap:VehiclesMember2022-06-300001517496us-gaap:OfficeEquipmentMember2022-06-300001517496us-gaap:MachineryAndEquipmentMember2022-06-300001517496us-gaap:LeaseholdImprovementsMember2022-06-300001517496us-gaap:ConstructionInProgressMember2022-06-300001517496us-gaap:VehiclesMember2021-12-310001517496us-gaap:OfficeEquipmentMember2021-12-310001517496us-gaap:MachineryAndEquipmentMember2021-12-310001517496us-gaap:LeaseholdImprovementsMember2021-12-310001517496us-gaap:ConstructionInProgressMember2021-12-310001517496us-gaap:RetainedEarningsMember2022-01-012022-06-300001517496us-gaap:RetainedEarningsMember2021-01-012021-06-300001517496us-gaap:PreferredClassAMember2022-06-300001517496us-gaap:PreferredClassAMember2021-12-310001517496country:HK2022-06-300001517496country:CN2022-06-300001517496btcm:BeeComputingHkLimitedMember2021-12-310001517496srt:ReportableGeographicalComponentsMembersrt:EuropeMember2022-06-300001517496srt:ReportableGeographicalComponentsMembercountry:US2022-06-300001517496srt:ReportableGeographicalComponentsMembercountry:KZ2022-06-300001517496srt:ReportableGeographicalComponentsMembercountry:HK2022-06-300001517496srt:ReportableGeographicalComponentsMembercountry:CN2022-06-300001517496srt:ReportableGeographicalComponentsMember2022-06-300001517496srt:ReportableGeographicalComponentsMembersrt:EuropeMember2021-12-310001517496srt:ReportableGeographicalComponentsMembercountry:US2021-12-310001517496srt:ReportableGeographicalComponentsMembercountry:KZ2021-12-310001517496srt:ReportableGeographicalComponentsMembercountry:HK2021-12-310001517496srt:ReportableGeographicalComponentsMembercountry:CN2021-12-310001517496srt:ReportableGeographicalComponentsMember2021-12-310001517496btcm:VikingDataCentersLlcMember2021-09-300001517496btcm:GoodLuckInformationTechnologyCo.LimitedMember2021-02-230001517496btcm:OhioMiningSiteMember2021-10-310001517496btcm:OhioMiningSiteMember2021-09-300001517496btcm:OperatingLeaseLiabilityNoncurrentMemberbtcm:LotoInteractiveMember2022-06-300001517496us-gaap:AccountsPayableMemberbtcm:LotoInteractiveMember2022-06-300001517496btcm:OperatingLeaseLiabilityCurrentMemberbtcm:LotoInteractiveMember2022-06-300001517496btcm:IncomeTaxPayableMemberbtcm:LotoInteractiveMember2022-06-300001517496btcm:EmployeeLiabilitiesMemberbtcm:LotoInteractiveMember2022-06-300001517496btcm:DueToRelatedPartiesMemberbtcm:LotoInteractiveMember2022-06-300001517496btcm:AccruedLiabilitiesAndOtherCurrentLiabilitiesMemberbtcm:LotoInteractiveMember2022-06-300001517496country:CY2022-01-012022-06-300001517496country:CN2022-01-012022-06-300001517496country:CY2021-01-012021-06-300001517496country:CN2021-01-012021-06-300001517496btcm:LotoInteractiveMember2022-01-012022-06-3000015174962019-01-012019-12-310001517496btcm:DefinitiveShareSubscriptionAgreementWithGoodLuckInformationTechnologyCo.LimitedMember2021-01-200001517496btcm:BeeComputingHkLimitedMemberus-gaap:UnpatentedTechnologyMember2022-05-312022-05-310001517496srt:MinimumMemberus-gaap:ComputerSoftwareIntangibleAssetMember2022-01-012022-06-300001517496srt:MaximumMemberus-gaap:ComputerSoftwareIntangibleAssetMember2022-01-012022-06-300001517496us-gaap:UnpatentedTechnologyMember2022-01-012022-06-300001517496us-gaap:MarketingRelatedIntangibleAssetsMember2022-01-012022-06-300001517496btcm:StrategicContractMember2022-01-012022-06-300001517496btcm:MobileApplicationsMember2022-01-012022-06-300001517496btcm:LicensesAndBrandNameMember2022-01-012022-06-300001517496btcm:InternetDomainNameAndBrandNameMember2022-01-012022-06-300001517496us-gaap:UnpatentedTechnologyMember2022-06-300001517496us-gaap:MarketingRelatedIntangibleAssetsMember2022-06-300001517496btcm:StrategicContractMember2022-06-300001517496us-gaap:MarketingRelatedIntangibleAssetsMember2021-12-310001517496btcm:StrategicContractMember2021-12-310001517496btcm:LotoInteractiveLimitedMemberus-gaap:SubsequentEventMember2022-07-120001517496country:US2022-01-012022-06-300001517496country:CW2022-01-012022-06-300001517496btcm:TaxableIncomeUptoHkd2000Member2022-01-012022-06-300001517496btcm:TaxableIncomeOverHkd2000Member2022-01-012022-06-300001517496btcm:ShenzhenKaishengJinfuEnterpriseManagementCoLtdMember2022-01-012022-06-300001517496btcm:ShenzhenKaishengJinfuEnterpriseManagementCoLtdMember2021-01-012021-12-310001517496btcm:ShenzhenYoulanguangScienceAndTechnologyCoLtdMemberus-gaap:VariableInterestEntityPrimaryBeneficiaryMembercountry:CN2020-01-012020-12-310001517496country:MT2022-01-012022-06-300001517496srt:DirectorMember2022-06-300001517496btcm:BusinessCooperationMember2022-06-300001517496us-gaap:PropertyPlantAndEquipmentMember2021-12-310001517496btcm:MinorityInterestShareholdersOfSubsidiaryForConsiderationMember2021-12-310001517496btcm:DataCenterOperationMember2021-12-310001517496us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMemberbtcm:LotteryBusinessRelatedVieContractsMember2021-07-230001517496us-gaap:PropertyPlantAndEquipmentMemberbtcm:LotoInteractiveMember2022-06-300001517496us-gaap:OtherCurrentAssetsMemberbtcm:LotoInteractiveMember2022-06-300001517496us-gaap:InvestmentsMemberbtcm:LotoInteractiveMember2022-06-300001517496btcm:LoanAndPledgeAgreementMember2022-06-300001517496us-gaap:AllOtherSegmentsMember2022-01-012022-06-300001517496btcm:MiningPoolMember2022-01-012022-06-300001517496btcm:DataCenterMember2022-01-012022-06-300001517496btcm:CryptocurrencyMiningMember2022-01-012022-06-300001517496us-gaap:AllOtherSegmentsMember2021-01-012021-06-300001517496btcm:MiningPoolMember2021-01-012021-06-300001517496btcm:DataCenterMember2021-01-012021-06-300001517496btcm:CryptocurrencyMiningMember2021-01-012021-06-300001517496dei:AdrMemberus-gaap:SubsequentEventMemberus-gaap:PrivatePlacementMember2022-08-012022-08-310001517496btcm:AccruedExpensesAndOtherCurrentLiabilitiesMember2022-01-012022-06-300001517496btcm:AccruedExpensesAndOtherCurrentLiabilitiesMember2021-01-012021-12-310001517496btcm:AccruedExpensesAndOtherCurrentLiabilitiesMember2022-06-300001517496btcm:AccruedExpensesAndOtherCurrentLiabilitiesMember2021-06-300001517496us-gaap:CostOfGoodsTotalMemberus-gaap:SupplierConcentrationRiskMemberbtcm:SupplierMember2022-01-012022-06-300001517496us-gaap:CostOfGoodsTotalMemberus-gaap:SupplierConcentrationRiskMemberbtcm:SupplierMember2021-01-012021-06-300001517496us-gaap:CommonClassBMember2021-06-300001517496us-gaap:CommonClassBMember2021-12-310001517496us-gaap:CommonClassAMember2021-12-310001517496us-gaap:CommonClassAMember2021-06-300001517496btcm:SeriesWarrantsMemberbtcm:PrefundedWarrantsMember2022-07-270001517496btcm:SeriesBWarrantsMemberbtcm:PrefundedWarrantsMember2022-07-270001517496btcm:SeriesWarrantsMemberdei:AdrMemberus-gaap:PrivatePlacementMember2022-06-270001517496btcm:SeriesBWarrantsMemberdei:AdrMemberus-gaap:PrivatePlacementMember2022-06-270001517496btcm:PrefundedWarrantsMemberdei:AdrMemberus-gaap:PrivatePlacementMember2022-06-270001517496btcm:SeriesWarrantsMemberdei:AdrMemberus-gaap:SubsequentEventMemberus-gaap:PrivatePlacementMember2022-08-310001517496btcm:SeriesBWarrantsMemberdei:AdrMemberus-gaap:SubsequentEventMemberus-gaap:PrivatePlacementMember2022-08-310001517496dei:AdrMemberus-gaap:SubsequentEventMemberus-gaap:PrivatePlacementMember2022-08-310001517496btcm:PrefundedWarrantsMemberdei:AdrMemberus-gaap:SubsequentEventMember2022-08-310001517496btcm:SeriesWarrantsMember2022-07-270001517496btcm:SeriesBWarrantsMember2022-07-270001517496btcm:PrefundedWarrantsMember2022-07-2700015174962021-06-3000015174962020-12-310001517496btcm:VikingDataCentersLlcMember2022-06-300001517496btcm:LotoInteractiveLimitedMemberus-gaap:SubsequentEventMember2022-07-120001517496btcm:BeeComputingHkLimitedMember2022-05-012022-05-310001517496us-gaap:PrepaidExpensesAndOtherCurrentAssetsMemberbtcm:LotoInteractiveMember2022-06-300001517496us-gaap:CashAndCashEquivalentsMemberbtcm:LotoInteractiveMember2022-06-300001517496btcm:ReceivablesMemberbtcm:LotoInteractiveMember2022-06-300001517496btcm:LotoInteractiveMember2022-06-300001517496btcm:BeeComputingHkLimitedMember2022-05-310001517496us-gaap:CostOfSalesMember2021-01-012021-06-300001517496us-gaap:ShareBasedPaymentArrangementNonemployeeMemberus-gaap:GeneralAndAdministrativeExpenseMember2022-01-012022-06-300001517496us-gaap:ShareBasedPaymentArrangementEmployeeMemberus-gaap:ResearchAndDevelopmentExpenseMember2022-01-012022-06-300001517496us-gaap:ShareBasedPaymentArrangementEmployeeMemberus-gaap:GeneralAndAdministrativeExpenseMember2022-01-012022-06-300001517496us-gaap:ShareBasedPaymentArrangementEmployeeMemberus-gaap:CostOfSalesMember2022-01-012022-06-300001517496us-gaap:ShareBasedPaymentArrangementNonemployeeMember2022-01-012022-06-300001517496us-gaap:ShareBasedPaymentArrangementEmployeeMember2022-01-012022-06-300001517496us-gaap:ResearchAndDevelopmentExpenseMember2022-01-012022-06-300001517496us-gaap:GeneralAndAdministrativeExpenseMember2022-01-012022-06-300001517496us-gaap:CostOfSalesMember2022-01-012022-06-300001517496us-gaap:ShareBasedPaymentArrangementNonemployeeMemberus-gaap:SellingAndMarketingExpenseMember2021-01-012021-06-300001517496us-gaap:ShareBasedPaymentArrangementNonemployeeMemberus-gaap:ResearchAndDevelopmentExpenseMember2021-01-012021-06-300001517496us-gaap:ShareBasedPaymentArrangementNonemployeeMemberus-gaap:GeneralAndAdministrativeExpenseMember2021-01-012021-06-300001517496us-gaap:ShareBasedPaymentArrangementEmployeeMemberus-gaap:SellingAndMarketingExpenseMember2021-01-012021-06-300001517496us-gaap:ShareBasedPaymentArrangementEmployeeMemberus-gaap:ResearchAndDevelopmentExpenseMember2021-01-012021-06-300001517496us-gaap:ShareBasedPaymentArrangementEmployeeMemberus-gaap:GeneralAndAdministrativeExpenseMember2021-01-012021-06-300001517496us-gaap:ShareBasedPaymentArrangementNonemployeeMember2021-01-012021-06-300001517496us-gaap:ShareBasedPaymentArrangementEmployeeMember2021-01-012021-06-300001517496us-gaap:SellingAndMarketingExpenseMember2021-01-012021-06-300001517496us-gaap:ResearchAndDevelopmentExpenseMember2021-01-012021-06-300001517496us-gaap:GeneralAndAdministrativeExpenseMember2021-01-012021-06-300001517496btcm:ShangmengBusinessServicesCoLtdMemberus-gaap:VariableInterestEntityPrimaryBeneficiaryMemberbtcm:HighTechEnterpriseMember2020-01-012020-12-310001517496btcm:LotoInteractiveLimitedMemberus-gaap:SubsequentEventMember2022-07-122022-07-120001517496btcm:SeriesWarrantsMemberdei:AdrMember2022-06-012022-06-300001517496btcm:SeriesBWarrantsMemberdei:AdrMember2022-06-012022-06-300001517496btcm:PrefundedWarrantsMemberdei:AdrMember2022-06-012022-06-300001517496dei:AdrMember2022-06-012022-06-300001517496us-gaap:CommonStockMember2021-01-012021-06-300001517496us-gaap:AdditionalPaidInCapitalMember2021-01-012021-06-300001517496btcm:SeriesWarrantsMemberdei:AdrMemberus-gaap:SubsequentEventMemberus-gaap:PrivatePlacementMember2022-08-012022-08-310001517496btcm:SeriesBWarrantsMemberdei:AdrMemberus-gaap:SubsequentEventMemberus-gaap:PrivatePlacementMember2022-08-012022-08-310001517496us-gaap:SubsequentEventMemberus-gaap:PrivatePlacementMember2022-08-012022-08-310001517496us-gaap:PreferredClassAMember2021-01-012021-06-300001517496us-gaap:CommonStockMember2022-01-012022-06-300001517496us-gaap:AdditionalPaidInCapitalMember2022-01-012022-06-300001517496us-gaap:RestrictedStockUnitsRSUMember2021-12-310001517496btcm:EmployeesAndDirectorsMember2021-12-310001517496us-gaap:RestrictedStockUnitsRSUMember2020-12-310001517496btcm:EmployeesAndDirectorsMember2020-12-310001517496us-gaap:RestrictedStockUnitsRSUMember2022-01-012022-06-300001517496btcm:EmployeesAndDirectorsMember2022-01-012022-06-300001517496us-gaap:RestrictedStockUnitsRSUMember2021-01-012021-12-310001517496btcm:EmployeesAndDirectorsMember2021-01-012021-12-310001517496us-gaap:RestrictedStockUnitsRSUMember2022-06-300001517496btcm:EmployeesAndDirectorsMember2022-06-300001517496btcm:MiningMachinesMember2022-06-300001517496btcm:DataCenterMember2021-12-310001517496currency:USD2021-01-012021-01-310001517496btcm:GoodLuckInformationTechnologyCo.LimitedMember2021-02-232021-02-230001517496currency:USDbtcm:DefinitiveShareSubscriptionAgreementWithGoodLuckInformationTechnologyCo.LimitedMember2021-01-012021-01-310001517496btcm:DefinitiveShareSubscriptionAgreementWithGoodLuckInformationTechnologyCo.LimitedMember2021-01-012021-01-310001517496srt:MinimumMembersrt:ExecutiveOfficerMember2022-01-012022-06-300001517496srt:MaximumMembersrt:ExecutiveOfficerMember2022-01-012022-06-300001517496btcm:OhioMiningSiteMember2022-06-300001517496btcm:LoanAndPledgeAgreementMember2022-01-012022-01-310001517496us-gaap:NoncontrollingInterestMember2022-01-012022-06-300001517496us-gaap:AccumulatedOtherComprehensiveIncomeMember2022-01-012022-06-300001517496us-gaap:NoncontrollingInterestMember2021-01-012021-06-300001517496us-gaap:AccumulatedOtherComprehensiveIncomeMember2021-01-012021-06-300001517496us-gaap:CommonClassBMember2022-06-300001517496us-gaap:CommonClassAMember2022-06-300001517496srt:MinimumMember2022-01-012022-06-300001517496srt:MaximumMember2022-01-012022-06-300001517496btcm:DefinitiveShareSubscriptionAgreementWithGoodLuckInformationTechnologyCo.LimitedMember2020-12-182020-12-180001517496btcm:LoanAndPledgeAgreementMember2022-01-310001517496btcm:OhioMiningSiteMember2022-06-012022-06-300001517496us-gaap:PreferredClassAMember2022-01-012022-06-3000015174962021-02-230001517496btcm:VikingDataCentersLlcMember2022-06-012022-06-300001517496btcm:VikingDataCentersLlcMember2022-06-012022-06-300001517496us-gaap:LatestTaxYearMember2022-01-012022-06-300001517496us-gaap:EarliestTaxYearMember2022-01-012022-06-300001517496btcm:OhioMiningSiteMember2021-10-012021-10-310001517496btcm:OhioMiningSiteMember2021-09-012021-09-3000015174962021-01-012021-12-310001517496btcm:LoanAndPledgeAgreementMember2022-01-012022-06-300001517496us-gaap:LicensingAgreementsMember2022-06-300001517496us-gaap:ComputerSoftwareIntangibleAssetMember2022-06-300001517496btcm:BrandNameMember2022-06-300001517496us-gaap:LicensingAgreementsMember2021-12-310001517496us-gaap:ComputerSoftwareIntangibleAssetMember2021-12-310001517496btcm:BrandNameMember2021-12-310001517496us-gaap:LicensingAgreementsMember2022-01-012022-06-300001517496btcm:WaspMediaLtdMember2022-01-012022-06-300001517496btcm:VirtualAssetRatingsLimitedMember2022-01-012022-06-300001517496btcm:TradeExpressServicesInc.Member2022-01-012022-06-300001517496btcm:SummitBendUsCorporationMember2022-01-012022-06-300001517496btcm:StarLightOhioIiCorporationMember2022-01-012022-06-300001517496btcm:StarLightOhioICorporationMember2022-01-012022-06-300001517496btcm:StarLightIncMember2022-01-012022-06-300001517496btcm:SkillEsportLimitedMember2022-01-012022-06-300001517496btcm:SichuanLecaiyuntianInternetTechnologyCo.LtdMember2022-01-012022-06-300001517496btcm:ShenzhenQuanjingFinancialLeasingCo.LtdMember2022-01-012022-06-300001517496btcm:ShenzhenLewanwuxianInformationMember2022-01-012022-06-300001517496btcm:RoundSpotServicesLtdMember2022-01-012022-06-300001517496btcm:RisingMoveInternationalLimitedMember2022-01-012022-06-300001517496btcm:RiseAccordHoldingsLimitedMember2022-01-012022-06-300001517496btcm:PreciousSuccessHoldingsLimitedMember2022-01-012022-06-300001517496btcm:PalDevelopmentLimitedMember2022-01-012022-06-300001517496btcm:OddsonEuropeLtdMember2022-01-012022-06-300001517496btcm:MultiWarehouseLtdMember2022-01-012022-06-300001517496btcm:MultiPayNvMember2022-01-012022-06-300001517496btcm:MultilottoUkLtdMember2022-01-012022-06-300001517496btcm:MultiBrandGamingLtdMember2022-01-012022-06-300001517496btcm:MulitiGroupLtdTheMultiGroupMember2022-01-012022-06-300001517496btcm:MightWinnerLimitedMember2022-01-012022-06-300001517496btcm:LottoWarehouseLtdMember2022-01-012022-06-300001517496btcm:LotoInteractiveLimitedMember2022-01-012022-06-300001517496btcm:LotoInteractiveInformationMember2022-01-012022-06-300001517496btcm:InteractiveMedicalLabLimitedMember2022-01-012022-06-300001517496btcm:InteractiveMedicalLabCorporationMember2022-01-012022-06-300001517496btcm:InteractiveLabLimitedMember2022-01-012022-06-300001517496btcm:HongKongSunstarTechnologyCo.LimitedMember2022-01-012022-06-300001517496btcm:HongKongInteractiveLabLimitedMember2022-01-012022-06-300001517496btcm:H.kCb.CuteTechnologyCo.LimitedMember2022-01-012022-06-300001517496btcm:GreentechLtd.Member2022-01-012022-06-300001517496btcm:GlobalScoreAsiaLimitedMember2022-01-012022-06-300001517496btcm:GanziChangheHydropowerMember2022-01-012022-06-300001517496btcm:FiveHundredWanHkLimitedMember2022-01-012022-06-300001517496btcm:FineBrandLimitedMember2022-01-012022-06-300001517496btcm:EsunSkyComputerShenzhenCoLtdMember2022-01-012022-06-300001517496btcm:ESunKazakhstanLimitedMember2022-01-012022-06-300001517496btcm:ChinaExcellentNetTechnologyMember2022-01-012022-06-300001517496btcm:ChengduYilaikeTechnologyCo.Ltd.Member2022-01-012022-06-300001517496btcm:ChengduKeyingInteractiveInformationTechnologyLimitedMember2022-01-012022-06-300001517496btcm:BtMiningLimitedMember2022-01-012022-06-300001517496btcm:BrightenExpressLimitedMember2022-01-012022-06-300001517496btcm:BeijingGuixinyanghangTechnologyLimitedMember2022-01-012022-06-300001517496btcm:BeeComputingHkLimitedMember2022-01-012022-06-300001517496btcm:B.c.ltd1324492Member2022-01-012022-06-300001517496btcm:AsgardDataCentersLlcMember2022-01-012022-06-300001517496btcm:AllianceInternationalTechnologiesLimitedMember2022-01-012022-06-300001517496us-gaap:CommonClassBMember2022-01-012022-06-300001517496us-gaap:CommonClassAMember2022-01-012022-06-300001517496us-gaap:CommonClassAMember2021-01-012021-06-300001517496btcm:QufanMember2021-01-012021-06-300001517496btcm:CryptocurrencyAssetsMember2022-06-300001517496btcm:CryptocurrencyAssetsMember2021-12-310001517496btcm:MiningPoolBusinessOfBlockchainTechnologiesHoldingCompanyAndBitdeerTechnologiesHoldingCompanyOperatedUnderBtc.comMemberbtcm:CryptocurrencyAssetsMember2022-01-012022-06-300001517496btcm:CryptocurrencyMiningBusinessMemberbtcm:CryptocurrencyAssetsMember2022-01-012022-06-300001517496btcm:MiningPoolBusinessOfBlockchainTechnologiesHoldingCompanyAndBitdeerTechnologiesHoldingCompanyOperatedUnderBtc.comMemberbtcm:CryptocurrencyAssetsMember2021-01-012021-12-310001517496btcm:CryptocurrencyMiningBusinessMemberbtcm:CryptocurrencyAssetsMember2021-01-012021-12-310001517496btcm:CryptocurrencyAssetsMember2022-01-012022-06-300001517496btcm:CryptocurrencyAssetsMember2021-01-012021-12-3100015174962021-04-152021-06-3000015174962021-04-012021-06-300001517496us-gaap:PrivatePlacementMember2022-06-270001517496btcm:BeeComputingHkLimitedMember2022-05-312022-05-310001517496btcm:BeeComputingHkLimitedMemberus-gaap:CommonClassAMember2022-05-312022-05-3100015174962021-01-012021-06-3000015174962022-06-3000015174962021-12-31iso4217:USDxbrli:sharesiso4217:USDxbrli:sharesutr:MWxbrli:purebtcm:Voteiso4217:HKDbtcm:segmentiso4217:HKDxbrli:shares

Table of Contents

​

​

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON D.C. 20549

​

​

FORM  i 6-K

​

​

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF

THE SECURITIES EXCHANGE ACT OF 1934

​

For the month of September 2022

​

Commission File Number: 001-36206

​

 i BIT Mining Limited

​

​

Units 813 & 815, Level 8, Core F,

Cyberport 3, 100 Cyberport Road,

Hong Kong

(852) 059875938

​

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

​

Form 20-F ⌧           Form 40-F ☐

​

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

​

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

​

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

​

Yes ☐           No ⌧

​

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A

​

​

​

​

Table of Contents

​

TABLE OF CONTENTS

SIGNATURE

​

EX-99.1

​

EX-99.2

​

​

​

Table of Contents

TABLE OF CONTENTS

Exhibit 99.1 – Unaudited Interim Condensed Consolidated Financial Statements of BIT Mining Limited as of December 31, 2021 and June 30, 2022 and for the six months ended June 30, 2021 and 2022

Exhibit 99.2 – Management’s Discussion and Analysis of Financial Condition and Results of Operations

​

Table of Contents

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

​

BIT MINING LIMITED

​

​

​

​

By:

/s/ Xianfeng Yang

​

Name:

Xianfeng Yang

​

Title:

Chief Executive Officer

​

​

​

Date: September 29, 2022

​

​

​

​

​

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘6-K’ Filing    Date    Other Filings
Filed on:9/29/22
For Period end:6/30/226-K
 List all Filings 
↑Top
Filing Submission 0001410578-22-002822   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
About — Privacy — Redactions — Help — Fri., Apr. 26, 11:34:37.1pm ET