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      Crypto Miner BIT Mining rebrands as SOLAI Limited in AI pivot

      Published: just now

      BIT Mining and SOLAI

      BIT Mining Limited has announced its rebranding to SOLAI Limited, with its New York Stock Exchange ticker symbol changing from BTCM to SLAI, effective 20 October 2025.
       

      The Akron, Ohio-based cryptocurrency infrastructure company received shareholder approval for the name change at an extraordinary general meeting held on 9 October 2025. The board of directors had initially resolved to pursue the rebrand on 20 August 2025.
       

      The name change reflects a strategic pivot from cryptocurrency mining operations towards artificial intelligence and blockchain technology integration.
       

      Bo Yu, Chairman of BIT Mining, said:

      "Our transition from BIT Mining to SOLAI marks a strategic shift from crypto mining to a technology enterprise at the intersection of artificial intelligence and blockchain. We see the next wave of innovation emerging where intelligent systems connect with decentralised infrastructure — enabling faster, safer, and more efficient exchange of information and value. SOLAI is building this foundation by applying our AI and blockchain expertise to develop reliable, scalable platforms for both human and autonomous participants. We are also creating unified environments that combine intelligence and connectivity across digital ecosystems, fostering more trusted and dynamic interactions amongst businesses and users."
       

      The company's American Depositary Shares, each representing 100 Class A ordinary shares with a par value of US$0.00005 per share, will continue trading on the New York Stock Exchange under the new ticker symbol SLAI from the market opening on 20 October 2025.
       

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      Bhargav is a Business Analyst at LF, working at the intersection of business strategy, marketing, PR, communications, and operations. I enjoy transforming ideas into meaningful initiatives, building better processes, strengthening brand presence, and creating solutions that drive measurable impact.

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