Crypto Flow Technology Limited

According to reports, encryption mining company BIT Mining Limited (NYSE: BTCM) announced today that the company has signed a share purchase and sale agreement with an unrelated third party. According to this agreement, the buyer purchased 48195605 Crypto Flow shares of the company in Crypto Flow Technology Limited (“Crypto Flow”), accounting for approximately 8.79% of the total issued share capital of Crypto Flow, at a price of HK $0.38 per share and a total price of HK $18314330. BIT Mining Announces Sale of Remaining Shares in Crypto Flow Technology Limited Analysis based on this information:BIT Mining Limited, a global cryptocurrency mining company listed on the New York Stock Exchange as BTCM, recently announced that it has entered a share purchase and sale agreement with a third-party buyer. The agreement stipulated the purchase of 48,195,605 Crypto Flow shares of the Crypto Flow Technology Limited at HK $0.38 per share, which translates to a total price of HK $18,314,330. This transaction represents…