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Previously focused on traditional Bitcoin Mining, the NYSE-listed company BIT Mining $BTCM announced plans to rename itself to SOLAI, with the stock code changing to $SLAI, and will fully embrace the Solana ecosystem, including $SOL staking business.
BIT Mining (SOLAI) total revenue for the first six months of 2025 was 11 million USD, down 43.3% from 19.4 million USD in the same period of 2024, primarily from mining operations and data center operations; net loss was 13.9 million USD, compared to a net profit of 200,000 USD in the same period of 2024.
As of August 20, BIT Mining (SOLAI) has a market value of 0.05352 billion USD, holding 27,191 SOL, approximately 4.89 million USD.