Bit Mining Deepens Commitment to the Solana Ecosystem with Strategic Investments and Stablecoin Launch

Bit Mining, a blockchain infrastructure company headquartered in Akron, Ohio, has taken significant steps to solidify its position within the rapidly growing Solana (SOL) ecosystem. The company, known for its diversified approach to cryptocurrency infrastructure, recently expanded its Solana holdings, reinforcing its strategic alignment with the blockchain's ecosystem.

In a move aimed at enhancing its stake in Solana's on-chain economy, Bit Mining added 17,221 Solana (SOL) tokens to its treasury. This addition brings their total holdings to 44,412 SOL, valued at approximately $9.95 million as of midnight UTC on September 10, 2025, according to Bitcoin.com.

Strengthening Validator Operations to Enhance Solana’s Stability

Bit Mining revealed in a September 11 statement that its newly acquired SOL holdings will directly support validator operations. These operations play a critical role in maintaining the security and stability of the Solana network. The approach integrates a dual strategy of accumulating financial assets and actively managing validator nodes, further aligning with the blockchain's technological infrastructure and on-chain economic principles.

Bo Yu, Chairman and Chief Operating Officer of Bit Mining, emphasized the company's long-term commitment to Solana, stating, "We continue to find value in expanding our presence within the Solana ecosystem. The additional SOL purchase reinforces our commitment to enhancing validator operations and strengthens our position in this rapidly evolving space."

As a part of this strategic pivot, Bit Mining also announced plans to rebrand as SOLAI Limited, pending shareholder approval. The proposed new name reflects the company’s increasingly Solana-centered focus and positions it for a leading role within the ecosystem.

Launch of DOLAI Stablecoin in Collaboration with Brale Inc.

In addition to expanding its SOL investments, Bit Mining has made significant strides toward developing blockchain-based financial services. Partnering with Brale Inc., the company unveiled its U.S. dollar-pegged stablecoin, DOLAI, built on the Solana network. This stablecoin is designed to bridge gaps between diverse stakeholders, including artificial intelligence (AI) agents, merchants, consumers, and institutional players.

DOLAI represents Bit Mining's ambition to foster multi-chain interoperability and integrate a regulatory-compliant framework in future iterations. The stablecoin aims to serve as a robust tool to increase blockchain-based interactions across various ecosystems while maintaining transparency and compliance.

Diversifying Blockchain Infrastructure Offerings

Bit Mining’s trajectory, which began as a crypto mining operation, has evolved into a holistic cryptocurrency infrastructure enterprise. Its business model now spans payments, stablecoins, and data-related services, underscoring its transition from operational mining to broader blockchain ecosystem participation.

The company's investments in Solana’s financial assets, staking operations, and the introduction of DOLAI reflect a concerted effort to expand its influence within this fast-growing ecosystem. Bit Mining’s strategy aligns with its longer-term goals of building a multi-blockchain presence while primarily focusing on Solana's innovative infrastructure for scaling decentralized applications.

A Strategic Shift Positions Bit Mining as a Market Leader

By combining an increase in SOL token holdings, the operational management of validator nodes, and the launch of the DOLAI stablecoin, Bit Mining is positioning itself as a central figure within the Solana ecosystem’s broader development arc. This strategic pivot not only demonstrates the company’s confidence in Solana as a scalable and innovative blockchain platform but also highlights Bit Mining's intent to lead in the blockchain infrastructure space at large.

With a clear focus on integrating financial assets and technological expertise, Bit Mining’s journey toward becoming SOLAI Limited marks a significant turning point, signaling a robust commitment to innovation and leadership in the rapidly developing blockchain industry.