BIT Mining Limited announced that it has entered into a definitive purchase agreement to acquire 2,500 new bitcoin mining machines for a total consideration of approximately USD 6.6 million. When deployed, the company expects the Acquired Machines to increase its theoretical maximum total hash rate capacity by approximately 165 peta hashes per second (PH/s). The Acquired Machines are expected to be delivered within one week from today. Following delivery, the company plans for them to be shipped to Kazakhstan for deployment. In addition to expanding its bitcoin mining machine fleet, the company has continued to move forward with its overseas development strategy, recent highlights of which include: 3,819 bitcoin mining machines with a total hash rate capacity of 172 PH/s have been deployed at data centers in Kazakhstan; a further 4,033 bitcoin mining machines with a total hash rate capacity of 121 PH/s have been shipped to data centers in Kazakhstan and are awaiting deployment; and The company commenced ethereum mining operations outside of mainland China with hash rate capacity of 86.4 giga hashes per second (GH/s) deployed; an additional hash rate capacity of 4,713.6 GH/s is expected to be deployed by the end of October 2021.