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Benzinga
Benzinga
Business
Henry Khederian

What's Going On With BIT Mining (BTCM) Stock Thursday?

BIT Mining Mining SOL Solana Benzinga Edge
Solana,Logo,And,Coin,With,Shiny,Elements

BIT Mining Ltd – ADR (NYSE:BTCM) shares are trading higher Thursday morning after announcing an expansion of its Solana (CRYPTO: SOL) holdings. Here’s what investors need to know.

What To Know: The technology-driven cryptocurrency infrastructure company, which will soon be renamed SOLAI Limited, has purchased an additional 17,221 SOL. This acquisition brings its total treasury to over 44,000 SOL, with a market value of approximately $9.95 million as of September 10.

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