BIT Mining - M&A Summary and Business Overview

GamingCompany

BIT Mining M&A Summary

BIT Mining has acquired 2 companies.

BIT Mining’s largest acquisition to date was in 2017, when it acquired The Multi Group for $56M. BIT Mining has acquired in 2 countries. The Company’s most targeted sectors include gaming (50%) and information technology (50%).

BIT Mining Business Overview

Where is BIT Mining headquartered?

BIT Mining is headquartered in Hong Kong, China.

What is BIT Mining’s revenue?

BIT Mining disclosed revenue of 43M USD for 2023 and 57M USD for 2022.

How many employees does BIT Mining have?

BIT Mining has 75 employees.

What sector is BIT Mining in?

BIT Mining is a gaming company.

When was BIT Mining founded?

BIT Mining was founded in 2001.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 2

BIT Mining

BIT Mining Ltd.

100 Cyberport Road Core F, Cyberport 3 Units 813 & 815 Level 8,
Hong Kong,
China,
+852 5987 5938
www.btcm.group

BIT Mining is an online sports lottery service provider. The Company offers a comprehensive and integrated suite of online lottery services, information, user tools and virtual community venues to its users. BIT Mining was incorporated in 2001 and is based in Hong Kong, China.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $98M $98M
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
MelcoLot Ltd. 2017-05-29 42M HKD Add-on Acquisition
Hong Kong, China · www.melcolot.com
The Multi Group Ltd. 2017-05-26 56M EUR Add-on Acquisition
Chesham, United Kingdom · www.themultigroup.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Gaming 1 (50%) 56M (57%) - -
Information Technology 1 (50%) 42M (43%) - -
Total 2 $98M - -

By Geo

State/Country Buy Value Sell Value
China 1 42M - -
United Kingdom 1 56M - -
Domestic 1 (50%) 42M (43%) - -
Cross-border 1 (50%) 56M (57%) - -
Total 2 $98M - -

Deal Values

buy # Total
< $100M 2 $98M
TOTAL $98M
Largest The Multi Group Ltd.
$56M (2017-05-26)

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Gaming Companies , China Companies