Crypto Mining Firm BIT Mining Returns to NYSE Standards for Continued Listing

Cryptocurrency mining company BIT Mining Limited announces that it has received notice from the New York Stock Exchange that the company has re-complied with the NYSE's continuing listing criteria, a letter dated January 31, 2023, stating that the company will remain open as of January 2023 The 30-day 30-day average stock price calculation shows that the company's stock price is higher than the NYSE-based 30-day average. As a result, companies are no longer considered to be below the $1 ongoing listing criteria. Foresight News previously reported that the mining company BIT Mining may be forced to delist at the end of July 2022 due to its stock price falling below $1 for several consecutive days.