Bit Mining Management Corp

1 deals · 0 closed · 0 liquidated · 1 in flight

Bit Mining Management Corp is a SPAC sponsor operating in the digital assets and cryptocurrency mining sector. The firm is associated with one blank-check vehicle to date, which has neither completed a successful business combination nor been liquidated, indicating the deal remains in progress. The sponsor's name reflects a focus on the bitcoin mining and broader blockchain infrastructure space, a sector that drew significant SPAC formation activity during the early-to-mid 2020s wave. Full sponsor background, affiliated vehicle details, and deal timeline data are available on SpacDesk — sign up at spacdesk.com to access the complete profile.

Hot Seat Score

—Insufficient history

Close rate

—

Median speed

—

Blended redemption

—

Total votes / extensions

0 / 0

Composite score combining historical close rate, median speed to deal close, and blended redemption discipline across all SPACs this sponsor has run. Higher score = institutional reputation worth retaining. Updates as new vote / closing data lands.

Win Rate (settled)

—

Total IPO Capital

$66.0M

Avg Extensions / Deal

0.0

Canonical

bit mining management

Promote Economics (1 SPAC with data)

Total At-Risk

$2.3M

Total PP Warrants

232,000

Principals (6)

Ming ZhangChairman and Chief Executive Officer

Zhihua ZhuChief Financial Officer

Xiang OuIndependent Director

Mei WuIndependent Director

Bin ZhuIndependent Director

Yuxi XiongIndependent Director

SPACs sponsored

Symbol	Issuer	IPO	IPO Size	Status	Target	Outcome	Extensions
FOACU	Forest Acquisition Corp.	—	$66.0M	Withdrawn	—	—	0