BIT Mining Ltd - ADR Stock News

AKRON, Ohio , Aug. 26, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency infrastructure company, today announced the launch of DOLAI, a U.S. dollar ("USD")-backed stablecoin designed to connect AI agents, merchants, consumers, and institutional finance on Solana's high-speed blockchain ecosystem, with planned expansi...

AKRON, Ohio , Aug. 20, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) (the "Company"), a leading technology-driven cryptocurrency company, today announced that it seeks to rebrand to SOLAI (NYSE: SLAI), a name that reflects the Company's strategic transformation and commitment to building an on-chain intelligent financial infrastructure. The new brand identity underscores the Company's ev...

AKRON, Ohio , Aug. 14, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining," "the Company," "we," "us," or "our company"), a leading technology-driven cryptocurrency infrastructure company, today reported its unaudited financial results for the six months ended June 30, 2025. On December 9, 2024, the Company completed the first closing of acquisition of cryptocurrency mining data ...

AKRON, Ohio , Aug. 11, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency infrastructure company, today announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2025, after the U.S. market close on Thursday, August 14, 2025. About BIT Mining Limited BIT Mining Limited (N...

Company begins staking self-acquired SOL through newly launched validator, reinforcing long-term commitment to the Solana ecosystem AKRON, Ohio , Aug. 5, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency infrastructure company, today announced the launch of its first Solana ("SOL") validator, alongside the initial pu...

Bit Mining's pivot to a Solana treasury strategy introduces speculative upside, especially if SOL rallies and the company executes its planned crypto purchases. Despite declining revenues, Bit Mining has improved operational efficiency, narrowed losses, and deleveraged its balance sheet, but ongoing dilution remains a key risk. BTCM trades below book value and at modest sales multiples, positio...

Since the historic institutional pivot of 2020, Bitcoin has steadily made its way from fringe asset to mainstream corporate treasury tool.

AKRON, Ohio , July 14, 2025 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency asset company , today announced the completion of the second phase of its previously-announced acquisition of crypto mining data centers and Bitcoin mining machines in Ethiopia. On December 3, 2024, the Company entered into a definitive agreemen...