$SOL

🔳 Crypto-miner BIT Mining is transitioning to Solana with plans to raise $300 million to accumulate SOL.

ℹ️ The NYSE-listed company BIT Mining announced a "strategic shift" to the Solana ecosystem with plans to raise $200-300 million to accumulate SOL. The company is converting all of its crypto assets to SOL and will launch nodes to receive staking rewards. BIT Mining's (BTCM) shares rose by more than 300% in pre-trading sessions following the announcement - this is already the third miner with the name "Bit" that has recently changed its strategy, although Bit Digital and BitMine switched to Ethereum instead of Solana.