BIT Mining Limited (NYSE: BTCM) announced that it has agreed to sell its entire mining pool business operated under BTC.com to Esport Win Limited for a total price of $5 million. As the cryptocurrency net liabilities of the business are approximately $11 million, the sale is expected to increase the total equity of BIT Mining's shareholders by approximately $16 million. This sale does not include or affect any other business of BIT Mining.

BIT Mining (NYSE stock code: BTCM) has released its unaudited financial results for the third quarter ending September 30, 2023. The company's Q3 revenue was $77 million, a significant decrease of $20 million from Q3 2022, but an increase of $2.9 million from Q2 2023. The company had a cryptocurrency asset impairment of $1.2 million and a net gain of $1.8 million from the sale of cryptocurrency assets in Q3 2023.