Bit Origin Ceases Crypto Mining at Indiana Facility -October 12, 2023 at 01:21 pm EDT

Bit Origin Ltd is an emerging growth company operating in the United States and engaged in the cryptocurrency mining business. The Company is also actively deploying blockchain technologies alongside diversified expansion strategies. The Company conducts business through its operating subsidiary, SonicHash US, which is engaged in bitcoin mining in the United States. SonicHash US has deployed approximately 868 miners in a mining facility in Macon, Georgia and 1,700 miners in a mining facility in Marion, Indiana. The mining facility in Macon, Georgia is managed by Horizon Mining Ltd. The mining facility in Marion, Indiana is managed by Your Choice Four CA, Inc.

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