Bit Mining Proposes Rebrand to SOLAI in Strategic Solana Pivot

Bit Mining Restricted introduced plans for Rebrand as Solai Restricted, which displays a strategic shift from cryptocurrency -my building to the development of onchain clever monetary infrastructure within the Solana panorama.

Bit Mining Unpriveases are planning to rebrand as Solai

The corporate, at present traded on the NYSE as BTCM, will ask shareholders approval to vary its identify and to undertake the brand new Ticker image “Slai”. This motion means an evolution of a pure-play miner employee right into a broader digital asset firm geared toward blockchain infrastructure and decentralized funds (Defi).

This transformation is aimed on the Solana Ecosystem. Bit Mining had beforehand introduced that it had purchased 27,191 Solana (SOL) tokens and launched a validator node on the community, in order that necessary preliminary steps had been marked in its new route.

The proposed identify, Solai, combines “Sol” from Solana with “AI”, symbolizes a double concentrate on highly effective blockchain programs and synthetic intelligence. The corporate said on Wednesday that it goals to construct a world monetary infrastructure that’s powered by AI and powered by transparency.

A unprecedented normal assembly (EGM) shall be held on October 9, 2025, for shareholders to vote on the proposed adjustments. File shareholders from 25 August 2025 have the best to vote. The EGM is held on the deal with of the corporate in Akron, Ohio. Numerous different listed firms have modified their identify in the identical manner and replicate a shift to crypto infrastructure or bitcoin/altcoin treasury administration.