According to BlockBeats news on August 20, crypto mining company BIT Mining Limited, listed on the New York Stock Exchange, announced it will be renamed SOLAI, and its stock trading code will be adjusted to 'SLAI' to promote its strategic transformation towards Solana. The company will also explore next-generation blockchain infrastructure, decentralized finance, and smart contract innovations.
BIT Mining Limited is steadily expanding its influence in the Solana ecosystem, recently launching a validation node on Solana and beginning to stake its purchased SOL, which is part of its $300 million ecosystem strategy.