<ul data-eligibleForWebStory="false"><li>Chinese crypto firm BIT Mining is shifting its focus to Solana from a Bitcoin-heavy background.</li><li>The company plans to raise $200-300 million to purchase Solana tokens, converting a significant portion of its crypto holdings into SOL.</li><li>BIT Mining will adopt a long-term holding strategy and participate in staking rewards on the Solana network.</li><li>The move is part of BIT Mining's strategic transformation to deepen involvement in Solana's ecosystem and build treasury reserves.</li></ul>

Chinese Crypto Firm Shifts Focus to Solana with Massive Treasury Plan

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