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The Paytech Magazine Issue #18
In this issue of The Paytech Magazine, the financial technology landscape is currently witnessing a […]
BIT Mining Limited Launches DOLAI, a USD-backed Stablecoin on Solana, Expanding in AI-Powered Financial Infrastructure
BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency infrastructure company, today announced the launch of DOLAI, a U.S. dollar ("USD")-backed stablecoin designed to connect AI agents, merchants, consumers, and institutional finance on Solana's high-speed blockchain ecosystem, with planned expansion into broader multi-chain interoperability. DOLAI is being launched in collaboration with Brale Inc. ("Brale"), a partner ensuring robust compliance standards. DOLAI represents our vision for a compliant, AI-integrated USD-backed stablecoin that drives innovation, ecosystem growth, and adoption across multiple blockchains.
BIT Mining Advances Solana Strategy with 27,191 SOL Purchase and Validator Launch
BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency infrastructure company, today announced the launch of its first Solana ("SOL") validator, alongside the initial purchase of 27,191 SOL (at an aggregate purchase price of approximately US$4.89 million) 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 $300 million for SOL acquisitions and xainfrastructure development.
BIT Mining Completes Second Phase of Acquisition in Ethiopia
BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency asset company , today announced the completion of the second phase of its previously-announced acquisition of crypto mining data centers and Bitcoin mining machines in Ethiopia.
BIT Mining Limited Expands into the Solana Ecosystem
BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced a strategic shift with its expansion into the Solana ecosystem, marking a critical milestone in the Company's long-term growth trajectory.
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