BIT Mining (NYSE: BTCM) Invests in Prosper Native Token, Advancing New Bitcoin Mining Strategy
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BIT Mining (NYSE: BTCM) Invests in Prosper Native Token, Advancing New Bitcoin Mining Strategy
Prosper is collaborating with well-known companies in the industry to obtain various services and products necessary for managing mining computing power, ensuring institutional-grade operational standards.
Navigating Web3 tides with focused insightsAuthor: BTCM
Translation: TechFlow
Prosper is a decentralized protocol designed to connect institutional-grade Bitcoin mining capacity on-chain and unlock Bitcoin's potential through liquid mining. Today, leading cryptocurrency mining company BIT Mining Limited (NYSE: BTCM) announced a new investment in Prosper’s native token, PROS.
Prosper has recently shifted its strategic focus toward Bitcoin mining and its ecosystem—a move that has been positively received by the community. As part of this strategic realignment, Prosper is partnering with established industry players to access various services and products necessary for managing mining hashpower, ensuring execution meets institutional standards.
This investment from BIT Mining further validates Prosper’s strategic direction and underscores institutional investor confidence. In addition to an expanding list of top-tier industry partners and seasoned financial investors—such as the recently announced investment from Waterdrip Capital—Prosper’s value proposition is now attracting crypto-native companies with deep mining expertise and comprehensive understanding of the entire ecosystem. This investment aligns with Prosper’s strategic vision and supports its newly defined mission.
About BIT Mining Limited
BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company engaged in cryptocurrency mining, data center operations, and ASIC miner manufacturing. Through its integrated cryptocurrency ecosystem, the company strategically creates long-term value within the industry. Leveraging efficient data centers, it enhances profitability via stable cash flows while conducting proprietary mining operations. By utilizing both self-developed and purchased mining hardware, the company maintains flexibility to adapt to fluctuations in cryptocurrency prices, strengthening market resilience. Additionally, it owns 7-nanometer Bitcoin chips and possesses strong capabilities in developing miners for Litecoin (LTC), Dogecoin (DOGE), and Ethereum Classic (ETC).
About Prosper
Prosper is a decentralized protocol serving communities who truly believe in Bitcoin, offering broad access to Bitcoin hashpower and direct exposure to Bitcoin. By bringing institutional-grade Bitcoin mining capacity on-chain, Prosper aims to fully unlock Bitcoin’s potential. For more information, visit prosper-fi.com or follow on X (formerly Twitter).
prosper-fi.com or follow X (formerly Twitter).
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contact@prosper-fi.com
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