based on materials from the website - By Coindoo.com

As the cryptocurrency market changes, companies that previously focused solely on Bitcoin are now exploring blockchain platforms that offer passive rewards and infrastructure opportunities.

Bit Mining, previously specialized in Bitcoin mining, made headlines this week by acquiring Solana for $4.5 million and launching its own validator. This move signals a broader shift in strategy aimed at earning staking rewards while also promoting network decentralization.

Upexi, better known for its developments in supply chain management, has gone even further. After active purchases in July, its portfolio of SOL tokens exceeded 2 million tokens. According to CEO Allan Marshall, the company earns about $65,000 a day in staking rewards with an 8% yield — thanks to the fact that most of these tokens are staked.

What you need to know before investing
Meanwhile, DeFi Development Corp., which previously focused on real estate financing, recently rebranded and accumulated over 1.2 million SOL. It plans to distribute its share among several validators for long-term participation in the network and profit generation.

In pursuit of yield and differentiation
According to CoinGecko, over 3.5 million SOL, worth about $590 million, are currently owned by the four largest public companies actively using Solana. This accounts for nearly 0.65% of the total circulating tokens, reflecting a trend among corporations toward asset diversification, moving from Bitcoin to staking assets.

BitGo, a major crypto capital firm, noted in a recent analysis that companies are increasingly attracted to the potential yield opportunities of Solana. In addition to simply holding tokens, staking offers a strategic financial tool and an opportunity for companies to stand out in a crowded digital asset market.

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