Welcome to our dedicated page for SOLAI news (Ticker: SLAI), a resource for investors and traders seeking the latest updates and insights on SOLAI stock.
SOLAI Limited (NYSE: SLAI), previously known as BIT Mining Limited, regularly issues news updates that describe its activities as a technology-driven cryptocurrency infrastructure company. Its announcements highlight the company’s transition from a pure-play crypto mining business toward a broader blockchain-based ecosystem that spans AI, stablecoins, payment infrastructure, and Solana-focused treasury and staking operations.
News items for SOLAI often cover financial results, where the company reports revenue contributions from its self-mining and data center businesses, along with commentary on operating costs, cryptocurrency asset valuations, and non-GAAP measures. These releases provide detail on production volumes from mining operations, service fee revenue from data center capacity, and the impact of market conditions on cryptocurrency prices.
Investors can also find corporate governance and capital structure updates in SOLAI’s news flow. Examples include announcements of extraordinary general meetings, changes to authorized share capital, and the issuance of preference shares with specific voting and economic rights. The company’s name and ticker change from BIT Mining Limited (BTCM) to SOLAI Limited (SLAI) on the New York Stock Exchange has been a notable topic.
Another category of coverage involves strategic and ecosystem developments, such as the company’s participation as a founding member of the Real-World Assets (RWA) Alliance and its focus on tokenization of green energy assets. Releases also describe progress in Solana treasury and staking strategies, validator node activity, and the validation of core technology for the DOLAI stablecoin initiative.
By reviewing the SOLAI news page, readers can track how the company describes its financial performance, strategic repositioning, blockchain and Solana initiatives, and governance decisions over time.
SOLAI Limited (NYSE: SLAI) announced results of its extraordinary general meeting held on December 29, 2025. Shareholders approved an increase in the company's authorised share capital to US$1,940,000. The new authorised capital is divided into 38,399,870,000 Class A ordinary shares (par value US$0.00005), 65,000 Class A preference shares (par value US$0.00005), 65,000 Class A II preference shares (par value US$0.00005), and 400,000,000 Class B ordinary shares (par value US$0.00005).
The increase was effected by creation of 30,000,000,000 new Class A ordinary shares.
SOLAI (NYSE: SLAI) reported unaudited results for Q3 ended September 30, 2025. Revenue was US$4.4M (down 8.3% YoY); operating loss narrowed to US$2.7M from US$4.8M a year earlier. Non-GAAP adjusted net loss was US$2.4M. Data center service fees were US$2.9M (up US$1.1M YoY); self-mining revenue was US$1.5M. Operating costs rose to US$11.1M (up 23.3% YoY). Changes in fair value of crypto assets contributed US$2.4M positive. Cash and cash equivalents totaled US$3.8M and cryptocurrency assets totaled US$12.3M as of September 30, 2025.
SOLAI (NYSE: SLAI) announced it will release its unaudited financial results for the third quarter ended September 30, 2025 after the U.S. market close on Friday, November 21, 2025. The company, previously known as BIT Mining, is a technology-driven cryptocurrency infrastructure firm based in Akron, Ohio.
SOLAI (NYSE: SLAI) will hold an extraordinary general meeting on December 29, 2025 at 10:00 a.m. ET with a record date of November 24, 2025. The company filed its Form 20-F for year ended Dec 31, 2024 on April 29, 2025 and shareholder materials are available on its investor website.
The Board approved issuance of 65,000 Class A II preference shares at US$1.00 each (total US$65,000) to Good Luck Capital Limited, owned by founder and executive director Man San Vincent Law. Key terms: each Preference Share carries voting power equal to 400,000 Class A ordinary shares, is non-convertible, carries no dividends, and may be transferred with Board approval. Following issuance, Mr. Law's aggregate voting power rises from ~31.8% to ~94.0%.
SOLAI (NYSE:SLAI) announced on October 21, 2025 that it has joined the Real-World Assets (RWA) Alliance as a founding member to support tokenization of green energy assets. The Alliance seeks to address asset liquidity and opaque valuation by using blockchain to standardize, fractionalize, and increase transparency of physical assets.
The Alliance will pursue four strategic pillars: standardized RWA frameworks, an alliance-based asset operation system, authoritative certification, and improved liquidity and capital efficiency. SOLAI highlighted its stablecoin and payment infrastructure expertise as a contribution to lowering investor entry barriers and connecting global capital to green energy RWAs.
BIT Mining (NYSE: BTCM) announced that its American Depositary Shares will begin trading under the new name SOLAI Limited and new ticker SLAI effective at market open on October 20, 2025.
No action is required by current shareholders and the Companys CUSIP will remain unchanged. The rebrand reflects a strategic pivot into artificial intelligence and blockchain technology, with stated intent to improve on-chain efficiency and expand presence in the Solana and other blockchain ecosystems.
Historical ADS trading data before October 20, 2025 may temporarily appear under BIT Mining or ticker BTCM on some third-party websites and apps.
BIT Mining Limited (NYSE: BTCM) has announced plans to rebrand as SOLAI Limited (NYSE: SLAI), reflecting its strategic transformation from a cryptocurrency mining company to a broader digital assets organization focused on the Solana ecosystem. The company has already initiated its ecosystem strategy with a $300 million investment, including launching a validator node on Solana and beginning SOL staking operations.
The rebranding decision requires shareholder approval at an extraordinary general meeting (EGM) scheduled for October 9, 2025. The new name SOLAI combines 'SOL' with AI, representing the company's focus on high-performance blockchain systems and artificial intelligence integration for building on-chain intelligent financial infrastructure.
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