BIT Mining begins trading as SOLAI Limited under ticker SLAI

Published 20/10/2025, 11:06
BIT Mining begins trading as SOLAI Limited under ticker SLAI

NEW YORK - BIT Mining Limited (NYSE:BTCM), a cryptocurrency infrastructure company with a market capitalization of $48.7 million, began trading under its new name "SOLAI Limited" and ticker symbol "SLAI" on the New York Stock Exchange Monday. The stock, which has seen a -5.21% return over the past week, currently trades at $2.73.

The company announced the rebranding in a press release, noting that no action is required from current shareholders and the CUSIP number remains unchanged.

According to the company, the name change reflects its strategic shift toward artificial intelligence and blockchain technology. BIT Mining aims to leverage its blockchain and data infrastructure expertise to enhance on-chain efficiency and expand its presence within Solana and other blockchain ecosystems.

The company indicated that historical trading data prior to October 20, 2025, may temporarily still be found under "BIT Mining Limited" and "BTCM" on some third-party websites and applications while systems update to reflect the new name and ticker.

BIT Mining, now SOLAI Limited, describes itself as a technology-driven cryptocurrency infrastructure company that is expanding beyond crypto mining into areas including AI, stablecoins, payment infrastructure, and Solana treasury and staking operations.

The announcement comes as part of the company’s efforts to reposition itself in the evolving cryptocurrency and blockchain technology landscape, according to the press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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