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Gossip & Opinions / Re: Bitcoins - about to hit $5,000 per coin today!
« Last post by Griffith on Today at 01:23:35 AM »This is happening with Solana as well.
https://decrypt.co/329520/bit-mining-soars-bitcoin-dogecoin-miner-reveals-solana-pivot
BIT Mining Stock Soars After Bitcoin, Dogecoin Miner Reveals $300 Million Solana Pivot
The U.S. miner also wants to convert its current holdings to SOL.
The share price of Bitcoin miner BIT Mining soared 143% on Thursday after the company announced plans to raise $200-$300 million to create a Solana Treasury and convert its existing holdings into SOL.
Akron, Ohio-based BIT Mining was recently trading for over $5 a share, according to Yahoo Finance. The company's share price has lingered below $3 for much of this year.
What happens when more mining companies start ditching Bitcoin?