BIT Mining (NYSE: BTCM) Announces Investment in Prosper's (PROS) Native Token

Prosper is a decentralized protocol aimed at connecting institutional-grade Bitcoin mining capabilities on-chain and unlocking the potential of Bitcoin

Mining company BIT Mining (NYSE:BTCM) announced a new investment in the native token of decentralized protocol Prosper, aimed at connecting institutional-grade Bitcoin mining capabilities on-chain.

According to a statement, Prosper has recently shifted its strategic focus towards Bitcoin mining and its ecosystem, a change that has been positively received by the community.

As part of this adjustment, Prosper is collaborating with well-known companies in the industry to acquire the various services and products needed to manage mining power, ensuring that institutional-level execution standards are met.

The statement said that BIT Mining's investment further validates Prosper's strategic direction and has gained recognition from institutional investors.

In addition to an increasing number of top industry partners and established financial investors (such as the recently announced Waterdrip Capital investment), Prosper's value proposition has also attracted cryptocurrency companies with rich experience in the mining field, which have a deep understanding of the entire ecosystem.

This investment aligns with Prosper's strategic direction and supports its new vision.

About BIT Mining Limited

BIT Mining (NYSE:BTCM) is a leading technology-driven cryptocurrency mining company, with operations covering cryptocurrency mining, data center operations, and mining machine manufacturing.

The company strategically creates long-term value in the industry through its cryptocurrency ecosystem. By relying on efficient data centers, it enhances profitability through stable cash flow while conducting self-operated mining operations, flexibly responding to cryptocurrency price fluctuations with self-developed and procured mining machines, thereby enhancing market adaptability.

Additionally, the company possesses 7-nanometer Bitcoin chips and has strong capabilities in developing Litecoin (LTC), Dogecoin (DOGE), and Ethereum Classic (ETC) mining machines.

About Prosper

Prosper is a decentralized protocol aimed at the community that truly believes in Bitcoin, providing comprehensive Bitcoin computing power and access to Bitcoin.

By bringing institutional-grade Bitcoin mining capabilities to the blockchain, Prosper is committed to fully unlocking the potential of Bitcoin. For more information, users can visit prosper-fi.com or follow on X (formerly Twitter).

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