The New York Stock Exchange (NYSE) has reported to BIT Mining that the stocks do not comply with listing standards due to the realized pricing.
NYSE gives BIT Mining back-to-back stocks 30 for more than a day under 1 dollar reported that it did not comply with the listing standards because it was traded. The company is currently 40 traders should not worry when they are trading under $1 for the day, medium and long term He said they would make a profit.
on Friday, August 19 from $0.39 closing the market Bo Yu, CEO of BIT Mining He used the following statements in his statements:
The current price of our stocks should not be a concern, you can rest assured that despite the turbulent market conditions, the current stock price will have no impact on the normal business operations of the company and our ability to create value for our investors in the future.
NYSE to re-establish listing standards for the company six month He stated that he gave time. Otherwise, by BIT Mining, NYSE will be suspended or removed from the list.
The company in the second quarter of 2022 21 million announced a net loss. your damage 4.9 million falling market price of the dollar from digital assets reported origin.