Explosive news hits the crypto circle!
Just now, the New York Stock Exchange-listed mining company BIT Mining (formerly BTCM) announced a bloody name change to SOLAI, directly betting on the Solana ecosystem!
This is not an ordinary brand upgrade, but a long-planned capital lightning war—$300 million in real cash is being thrown into SOL staking, node validation, DeFi, and the underlying infrastructure of smart contracts, completely abandoning the traditional mining machine label and fully embracing the wave of the Solana super-ecosystem!
What does this mean?
First, institutional-level capital has officially entered the Solana chain game!
As a publicly listed company in the US, BIT Mining's actions are not just about riding the trend, but declaring to Wall Street: Solana is now the core battlefield of next-generation blockchain infrastructure.
Its node validation + massive SOL staking will directly boost the on-chain TVL and staking yield; SOL breaking $200 is just a matter of time!
Second, the great migration of capital in the mining circle has begun!
The narrative of traditional BTC mining companies transforming into AI is everywhere, and now Solana has become the new blood-sucking black hole.
BIT Mining's $300 million ammunition is just the tip of the iceberg, and more mining farms will surely sell BTC mining machines, turning to buy SOL and diving into ecological mining—SOL may replace ETH as the next generation mining chain!
Third, ecological projects are about to surge violently!
BIT Mining clearly mentioned that it will deeply cultivate DeFi and smart contract innovations, and its capital + node resources will inevitably prioritize supporting Solana native protocols (such as JITO, RAY, PYTH, etc.).
Early positioning in SOL ecological shitcoins may just be the wealth secret of the next bull market!
Operation suggestions:
Buy SOL spot without thinking, add to positions if it drops below $140;
Focus on targeting Solana ecological DeFi blue chips (especially staking derivatives, GPU computing projects);
Beware of intensified BTC hash pressure; capital diversion in the mining circle may trigger a prolonged decline in BTC!
On-chain data shows that BIT Mining has started nodes and is continuously hoarding SOL, with frequent activity in on-chain addresses. Keep close to the whales, don’t just regret after the explosive increase!
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