Manful Kingdom Limited entered into a share sale and purchase agreement to acquire approximately 51% stake in Loto Interactive Limited (SEHK:8198) from BIT Mining Limited (NYSE:BTCM) for HDK 78.3 million on July 12, 2022. After the transaction, BIT Mining's share ownership in Loto Interactive will decrease to 8.79%. The transaction is subject to the satisfaction of the conditions set out in the Sale and Purchase Agreement. In addition, the terms of the Transaction may be amended further subject to comments from the applicable regulatory authorities as necessary.

Manful Kingdom Limited completed the acquisition of approximately 51% stake in Loto Interactive Limited (SEHK:8198) from BIT Mining Limited (NYSE:BTCM) on July 25, 2022.