BIT Mining (BTCM) announced the launch of its first Solana (SOL) validator, alongside the initial purchase of 27,191 SOL at an aggregate purchase price of approximately $4.89M to establish the company’s growing SOL treasury. This milestone follows the company’s July 10 announcement outlining a strategic shift into the Solana ecosystem, backed by plans to raise up to $300M for SOL acquisitions and infrastructure development.
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