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BIT Mining Limited (BTCM) purchased an additional 17,221 SOL tokens, bringing its total Solana holdings to 44,412 SOL valued at approximately $9.95 million as of September 10, 2025, according to a company statement.
The cryptocurrency infrastructure company continues its expansion into the Solana ecosystem through both token purchases and validator operations. "We continue to see value in growing our presence in the Solana ecosystem," said Bo Yu, Chairman and Chief Operating Officer of BIT Mining. "Adding these additional resources to our treasury will strengthen our position in the ecosystem and we will continue to operate our validators to help strengthen and secure the network."
BIT Mining recently launched DOLAI, a USD-backed stablecoin on the Solana blockchain, developed in collaboration with Brale Inc. The stablecoin aims to connect AI agents, merchants, consumers, and institutional finance within Solana’s blockchain ecosystem.
The company plans to rename itself SOLAI Limited, subject to shareholder approval. BIT Mining describes itself as expanding from cryptocurrency mining to build a blockchain-based ecosystem spanning AI, stablecoins, payment infrastructure, and SOL treasury and staking operations.
The SOL treasury valuation was calculated based on fair value pricing at UTC 0:00 on September 10, 2025. The company operates validators on the Solana network as part of its ecosystem strategy.