BIT Mining (NYSE: BTCM) shares surged 28.79% in pre-market trading on Monday, July 14, 2025, reaching $5.10, amid Ethiopia mining expansion. This jump comes after the stock closed at $3.96 on the previous trading day.
BIT Mining Limited (BTCM) announced the completion of the second phase of its acquisition of crypto mining data centers and Bitcoin mining machines in Ethiopia, marking a key step in its regional expansion. With this milestone, BIT Mining Limited (BTCM) now operates data centers with a total power capacity of 51 megawatts.
