BIT Mining Announces Strategic Expansion into Solana Ecosystem

TL;DR BIT Mining enters the Solana ecosystem and plans to build a SOL treasury of up to $300M, funded in several phases. The company will convert its current crypto reserves into SOL and operate validator nodes, generating staking revenue while strengthening the network. This move aims to diversify beyond mining, targeting DeFi, gaming, and Web3. . . source: https://crypto-economy.com/bit-mining-announces-strategic-expansion-into-solana-ecosystem/