BIT Mining Limited has announced plans to rebrand as SolaI Limited, reflecting the strategic transition from cryptocurrency mining to build on-chain Intelgent Financial Infrastructure within the Solana landscape.
BIT Mining announces plans to rebrand as Solai
The company currently trading as BTCM on the NYSE will change its name and seek shareholder approval to adopt the new ticker symbol “Slai”. The move illustrates the evolution from pure playminers to a broader digital asset company focusing on blockchain infrastructure and distributed finance (DEFI).
This transformation is concentrated in the Solana ecosystem. BIT Mining previously announced that it had purchased 27,191 Solana (SOL) tokens and launched validator nodes on the network, marking important initial steps in a new direction.
The proposed name, Solai, integrates “Sol” from Solana with “AI”, symbolizing a dual focus on high-performance blockchain systems and artificial intelligence. The company said Wednesday that it aims to build a global financial infrastructure powered by AI and driven by transparency.
An extraordinary General Meeting (EGM) will be held on October 9, 2025, for shareholders to vote for the proposed changes. Shareholders on the record as of August 25, 2025 are entitled to a vote. The EGM will be held at the company’s address in Akron, Ohio. Several other public companies have renamed the same way, reflecting their shift to crypto infrastructure or Bitcoin/Altcoin Treasury Management.
