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500.com
Chinese Lottery Firm Furthers Crypto Pivot by Buying Bitcoin Miner Maker for $100M
The acquisition of mining equipment maker Bee Computing comes amid the lottery-turned-crypto-mining firm’s shopping spree.
Chinese Lottery Firm 500.com Acquires Crypto Mining Pool BTC.com
BTC.com is currently owned by Bitdeer Technologies and former Bitmain CEO Jihan Wu.
China's 500.com to Purchase Another $8.5M Worth of Bitcoin Miners
The NYSE-listed lottery firm may also acquire another 10,000 miners this year.
US-Listed Chinese Lottery Firm Plans $14.4M Move Into Bitcoin Mining
Shares of the company traded up 11% on the news of the deal to purchase miners later this year.
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