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Why Was BIT Mining Stock Skyrocketing on Thursday?

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Why Was BIT Mining Stock Skyrocketing on Thursday?

02 Sep Stock Analysis

What happened
Shares of cryptocurrency stock BIT Mining Limited(NYSE:BTCM) skyrocketed on Thursday. As of 3:30 p.m. EDT, the stock was up 31%, but it had been up over 50% earlier in the session. Many traders believed this stock was ripe for a short squeeze,…

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