- BIT Mining (NYSE:BTCM) entered into a share sale and purchase agreement with an unaffiliated third party wherein the company agreed to sell and buyer agreed to sell, and the buyer agreed to purchase ~51% of the total issued share capital of Loto Interactive.
- It represents 279.67M shares of Loto Interactive at the price of HK$0.28/share for total consideration of HK$78.3M.
- Post the transaction, the company's share ownership in Loto Interactive will decrease to 8.79%.
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