BIT Mining Limited's Annual General Meeting Announcement
BIT Mining Limited (NYSE: BTCM), a prominent technology-driven cryptocurrency mining company, has announced its annual general meeting of shareholders. This important gathering will take place at 428 South Seiberling Street, Akron, Ohio, providing an opportunity for shareholders to engage in essential discussions and decisions concerning the company's future.
Meeting Details and Shareholder Participation
The meeting is scheduled for a morning session at 10:00 a.m., New York time. To ensure participation, holders of ordinary shares and Class A preference shares must be on record as of the close of business. This record date allows shareholders to receive full notice of the meeting and the chance to vote during the session or any adjournments that may occur.
Additionally, holders of American Depositary Shares (ADSs) wishing to exercise their voting rights must work with the depositary associated with BIT Mining's ADS program. This step is crucial for shareholders to effectively influence the resolutions put forth at the meeting.
Important Documents and Resources
For detailed information regarding the meeting and the resolutions that will be discussed, shareholders can find the notice of the annual general meeting in the Investor Relations section of BIT Mining's website. This transparency empowers shareholders by providing them with the necessary documentation to make informed decisions.
Moreover, the company has filed its annual report on Form 20-F with the U.S. Securities and Exchange Commission (SEC) for the fiscal year ended December 31, 2023. This report is available to shareholders free of charge, further reinforcing BIT Mining's commitment to keeping its investors informed about its financial health and operational progress.
About BIT Mining Limited
Founded with a vision to be a leader in the cryptocurrency mining industry, BIT Mining operates across various sectors, including cryptocurrency mining, data center operation, and manufacturing mining machines. By strategically enhancing its cryptocurrency ecosystem, the company is dedicated to delivering long-term value in a dynamic market.
BIT Mining's cost-efficient data centers are a significant asset that ensures steady cash flow and profitability. The company's proactive approach includes self-mining operations, which not only support its market positioning but also allow it to adapt seamlessly to fluctuations in cryptocurrency pricing.
Technological Advancements and Capabilities
The company has made significant investments in technology, including ownership of 7-nanometer BTC chips, and is advancing in the development of LTC/DOGE and ETC miners. These capabilities place BIT Mining at the forefront of innovation within the industry, setting a strong foundation for future growth.
Shareholder Engagement and Transparency
BIT Mining remains committed to fostering engagement with its shareholders. By organizing the annual general meeting, the company not only provides a forum for dialogue but also allows shareholders to engage directly in shaping the company’s direction—making their voices heard on impactful decisions.
The Importance of Participation
Participation in the annual general meeting is vital for shareholders as it allows them to adhere to their rights and impact the governance of the company to which they have entrusted their investments. Engaging in such meetings ensures that shareholders are part of the decision-making processes that affect the company’s future.
Frequently Asked Questions
When will the annual general meeting be held?
The annual general meeting of BIT Mining Limited will be held on January 7, 2025, at 10:00 a.m., New York time.
Where will the meeting take place?
The meeting will take place at 428 South Seiberling Street, Akron, Ohio.
Who is entitled to vote at the meeting?
Holders of ordinary shares and Class A preference shares on record as of the close of business prior to the meeting are entitled to vote.
Is there any information available regarding the meeting?
Yes, shareholders can access the notice of the annual general meeting on the Investor Relations section of BIT Mining's website.
How can shareholders ensure their votes are counted?
Shareholders must follow the procedures outlined by the depositary of the ADS program to vote effectively if they hold American Depositary Shares.
