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BIT Mining Continues To Gain As Bitcoin Surges 20%

BIT Mining Ltd. (BTCM) shares are trading more than 15 percent higher on Monday morning continuing a search for a new high after a fall from the year-to-date peak a few months back.

During the last 3 days, Bitcoin has regained its lost sheen by surging 20 percent higher to trade at $45667 early morning today.

The shares started to gain slowly after the announcement of an agreement to acquire 2500 new bitcoin mining machines on July 28.

Currently, shares are at $7.33, up 15.01 percent from the previous close of $6.37 on a volume of 6,377,344. For the 52-week period, the shares have traded in a range of $2.51-$35.00 on average volume of 1,029,249.

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