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BTC.com to be acquired by #Chinese sports lottery firm 500.com

Chinese sports lottery firm 500.com (NYSE: WBAI) announced last week that it made a share-swap deal to acquire the cryptocurrency mining pool business of Bitdeer Technologies, including the domain, web site, and operations at BTC.com.

The agreement will see 500.com purchase all the shares of Bitdeer-owned Blockchain Alliance, which is based in the Cayman Islands, with 10% of its own shares.


The BTC.com Pool Businesses offer a one-stop mining experience for users. Users can search and browse real-time blockchain information through BTC.com and manage their cryptocurrency mining business through the BTC.com Pool website or app.

In addition, users can save the cryptocurrencies that they have mined in the BTC.com cryptocurrency wallet.

BTC.com Pool is a multi-currency integrated mining pool established in 2016 that supports various cryptocurrencies, including BTC, BCH, ETH and LTC.

For the full announcement click here.

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