Bitco Mining Bit Mining is a strategic transformation into the Solana ecosystem, with plans to raise up to $ 300 million to support this step.
Company He said On Thursday, you plan to raise between $ 200 million and $ 300 million in various stages to build a large Solana (TellerCapital symbol.
The capital will also be used to expand its capabilities inside the network and gain more symbols. As part of the plan, Bit Mining said it would turn some current encryption possessions into Sol and adopt a long -term contract strategy. The amount of reserves that will be transferred at the beginning.
Bitcointreasuries.net data He appears This deciding mining carries 19 bitcoin (BTC), At a value of about $ 2 million at current prices.
Cointelegraph continues to mining an additional suit, but it has not received a response to the time of publication.
350 % bit mining shares rise on pre -market trade
The price of mining shares increased to $ 11 in pre -market trading after the announcement, an increase of 350 % of its closure on Wednesday, of $ 2, According to To Yahoo financing. At the time of writing this report, the share price fell to $ 6.29.
The company said it is planning to run the valuable contract on Solana to support decentralization in the network and safety.
Bit Mining said this allows it to increase the merger into the Solana ecosystem and create a sustainable value by sharing Blockchain.
The CEO of Battat Mining Company Xanfing Yang said this step shows its commitment and ability to “constantly advanced”. The CEO expressed their confidence in their vision and their ability to provide value to its shareholders.
“We are excited to take this bold step in what we think is one of the most promising dynamic ecosystems in Blockchain space,” said Yang.
The maximum corporate market data He appears This mining is currently 17 Bitcoin’s largest mines in the world through the market value.
Related to: Letsbonk Outtake Pump.fun: Will Solana Mimikwins come back forever?
Digital Pits in ETAREUM strategy
The Bit Mining axis in the Altcoin ecosystem follows a similar step from another bitcoin mining company.
On June 26, Bit Digital announced that it would work Abandoning bitcoin mining And the transformation into an ethereum strategy. The company said it will become “Ethereum Stokeing and Treasury Company”.
Unlike bit mining, digital bits initially decreased to $ 1.99 from $ 2.35 after the announcement, 15 % decrease on June 27. However, the arrow eventually recovered, Height To $ 3.59 on Wednesday, an increase of 80 % since the announcement, according to Google Finance data.
https://www.youtube.com/watch?
magazine: Memecoins is DED – but Solana ‘100x is better “despite the decrease in revenues
