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BIT Mining has rebranded to SOLAI and is fully transforming into the Solana ecosystem.
On August 20, according to reports, the NYSE-listed crypto mining company BIT Mining Limited announced that it will be renamed SOLAI, and the stock trading code will also be adjusted to "SLAI" to promote its Solana strategic transformation. The company will subsequently explore next-generation blockchain infrastructure, Decentralized Finance, and smart contracts innovation.
BIT Mining Limited is steadily expanding its influence in the Solana ecosystem, recently launching a validator node on Solana and starting to stake its purchased SOL, which is part of its $300 million ecosystem strategy.