24/7 Market News Snapshot 11 September, 2025 – BIT Mining Limited (NYSE:BTCM)
DENVER, Colo., 11 September, 2025 (www.247marketnews.com) – (NYSE:BTCM) are discussed in this article.
BIT Mining Limited has recently shown remarkable performance in the market, with its stock experiencing a notable increase of approximately 37.83% during pre-market trading, reaching a price of $3.804. This surge comes alongside an impressive trading volume of 1.48 million shares, indicating strong investor interest and confidence in the company’s future prospects. The enthusiasm surrounding BIT Mining reflects a growing optimism among market participants, positioning the company favorably within the competitive landscape of the cryptocurrency sector.
In a strategic move to solidify its presence within the Solana blockchain ecosystem, BIT Mining has acquired an additional 17,221 SOL, bringing its total SOL treasury to 44,412 SOL, valued at around $9.95 million based on current market rates. Chairman and Chief Operating Officer Bo Yu expressed his excitement about this acquisition, emphasizing its potential to fortify the company’s position within the ecosystem. He highlighted the importance of operating validators to enhance both the robustness and security of the Solana network.
Furthermore, BIT Mining has announced plans to introduce DOLAI, a USD-denominated stablecoin on the Solana blockchain, aiming to facilitate connections among AI agents, merchants, consumers, and institutional finance. This innovative stablecoin will be developed in collaboration with Brale Inc., ensuring compliance with regulatory standards to promote digital transactions within the evolving blockchain economy.
As BIT Mining transitions towards rebranding as SOLAI Limited, pending shareholder approval, it is evolving from traditional crypto mining into a comprehensive blockchain ecosystem. This transformation includes the integration of artificial intelligence and stablecoin functionalities, targeting diverse applications such as institutional settlement, commerce, and consumer payments. As the company embarks on this ambitious path, investors and stakeholders are encouraged to monitor ongoing developments in this dynamic sector of digital finance.