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Category Bit Mining

Solana treasuries now account for 2% of SOL supply

Solana treasuries now account for 2% of SOL supply

Solana treasury companies now hold 2% of SOL supply.
BIT Mining’s Solana move sparks stock surge to three-year high

BIT Mining’s Solana move sparks stock surge to three-year high

Crypto mining company BIT Mining has strategically moved into the Solana ecosystem, sending its stock to a three-year high. On July 10, the company...
BIT Mining Surges 250% on Solana Pivot

BIT Mining Surges 250% on Solana Pivot

The company said it wants to "capture emerging opportunities across the broader blockchain" industry and attract investors seeking exposure to Solana
China’s BIT Mining expands to Ethiopia with a $14M acquisition of a 51MW facility

China’s BIT Mining expands to Ethiopia with a $14M acquisition of a 51MW facility

BIT Mining, a Chinese Bitcoin mining company, completed a $14.28M deal with Ethiopia on December 3rd to acquire a 51-megawatt facility and 18K mini...
SEC and DOJ Strike Crypto Firm With Millions in Penalties Over Corruption

SEC and DOJ Strike Crypto Firm With Millions in Penalties Over Corruption

A crypto mining firm faces a $14 million penalty after admitting to a $2.5 million bribery scheme to secure a Japanese casino contract, which ultim...