Bit Mining has officially pivoted from Ethereum to #Solana , dropping $5 million to acquire 27,191 $SOL and launching its first Solana validator. This strategic move isn't just about adding tokens to the treasury—it’s about building infrastructure. The validator allows Bit Mining to stake its holdings, earn consistent rewards, and actively contribute to securing the network.
Chairman and COO Bo Yu put it simply: “We’re not just holding $SOL -we’re helping power the network.” That statement came with a clear roadmap—Bit Mining aims to raise $300 million to expand its Solana validator presence, grow its treasury, and pursue acquisitions in the Solana ecosystem.
This isn’t happening in isolation. Yesterday, DeFi Development Corp (DFDV) disclosed an $18.4 million Solana buy, pushing their total stash to 1.29 million $SOL , worth roughly $209 million. DFDV is also staking long-term and running validators. No hype. No noise. Just real institutional conviction.
Corporate treasuries are evolving. Bitcoin led. Ethereum followed. Now, Solana is earning a serious seat at the table. Bit Mining’s validator launch aligns with a rising wave of companies building direct on-chain involvement, not just passive exposure. The move signals Solana’s increasing appeal as more than just a fast blockchain-it’s now a strategic infrastructure layer for institutions.
Solana’s validator economy is becoming the on-ramp for corporates looking to earn while securing the chain. Bit Mining’s actions suggest that Solana isn’t just the next narrative—it’s becoming part of the permanent allocation for treasury diversification.
As more firms step in with capital and compute, Solana’s strength compounds. This latest $5 million buy isn’t just a number. It’s part of a much bigger shift. Institutions aren’t waiting for another bull run—they’re already building under the hood.
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