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SOL News: BIT Mining Stock (BTCM) Pivots to Solana, Plans $300M Raise to Acquire SOL

Summary by Coin Desk
BIT Mining said it wants to "capture emerging opportunities across the broader blockchain" industry and attract investors seeking exposure to Solana.

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Bit Mining increases 350% by shifting to Solana! The dynamic world of cryptocurrencies enthusiastically receives the news of Bit Mining’s resounding success by pivoting its strategy towards Solana. This strategic shift has resulted in an impressive 350% increase in the value of the company, capturing the attention of investors and market experts. Today’s key words resounding in the ecosystem are Bit Mining, Solana, increase, market, tokens and i…

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Bias Distribution

  • 67% of the sources are Center
67% Center
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Coin Desk broke the news in Manila, Philippines on Thursday, July 10, 2025.
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