(English) 500.com Limited Announces Agreement with BitDeer Subsidiary to Purchase Mining Machines with Total Computing Power of 113P, as well as Agreement to Purchase Ethereum Mining Machines with Total Computing Power of 4800G

SHENZHEN, China, Feb. 26, 2021 /PRNewswire/ — 500.com Limited (NYSE: WBAI) («500.com» or the «Company»), a China-based enterprise committed to developing cryptocurrency mining businesses, today announced that it has entered into a definitive agreement with a subsidiary of BitDeer (the «Seller») to purchase 1,923 S17 Bitcoin mining machines for a total consideration of RMB31.3 million (approximately US$4.9…