Why Is BIT Mining Stock Skyrocketing On Thursday?

BIT Mining Limited (NYSE:BTCM) stock is trading higher on Thursday, with a session volume of 79.2 million compared to the average volume of 67.6K as per data from Benzinga Pro.

BIT Mining announced a strategic shift on Thursday with its expansion into the Solana ecosystem, marking a critical milestone in the company’s long-term growth trajectory.

The transition positions BIT Mining to capture emerging opportunities across the broader blockchain value chain, while also attracting investors seeking exposure to the Solana ecosystem.

Also Read: Can Solana And Toncoin Print Fresh All-Time Highs Just Like Bitcoin’s Recent $100K Move? Here’s What This Analyst Says

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