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The encryption mining company BIT Mining announced that it will officially change its name to SOLAI Limited on October 20 and change its stock code to SLAI.
According to Deep Tide TechFlow news on October 10, as reported by PRNewswire, the cryptocurrency mining company BIT Mining Limited (NYSE: BTCM) announced that it will change its name to “SOLAI Limited” and its stock code will change to “SLAI.”
The company's shareholders approved a special resolution for the change of the English name at the extraordinary general meeting held on October 9. The new company name and stock code will take effect when the market opens on Monday, October 20.
BIT Mining was previously an encryption mining company and announced in August this year to promote a strategic transformation towards the Solana ecosystem. In early September, it increased its holdings by 17,221 SOL, bringing its total holdings to 44,412.