The company, currently traded on the NYSE as BTCM, will seek shareholder approval to change its name and adopt the new ticker symbol “SLAI.” This move signals an evolution from a pure-play miner into a broader digital assets company focused on blockchain infrastructure and decentralized finance (DeFi).

This transformation is centered on the Solana ecosystem. Bit Mining had previously announced it had purchased 27,191 solana ( SOL) tokens and launched a validator node on the network, marking significant initial steps in its new direction.

The proposed name, SOLAI, merges “ SOL” from Solana with “AI,” symbolizing a dual focus on high-performance blockchain systems and artificial intelligence. The company stated on Wednesday that it aims to build a global financial infrastructure powered by AI and driven by transparency.

An extraordinary general meeting (EGM) will be held on Oct. 9, 2025, for shareholders to vote on the proposed changes. Shareholders of record as of Aug. 25, 2025, are entitled to vote. The EGM will be held at the company’s address in Akron, Ohio. Several other publicly traded firms have changed their name in the same manner, reflecting a shift toward crypto infrastructure or bitcoin/altcoin treasury management.

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