📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
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BIT Mining raises up to 300 million dollars to build a SOL treasury in a strategic turnaround
BIT Mining has announced a plan to raise between 200 million to 300 million dollars to build a Solana fund (SOL), marking a shift from mining Bitcoin, Litecoin, Dogecoin, and Ethereum Classic. The company will convert all existing cryptoassets into SOL and adopt a long-term holding strategy, emphasizing the performance and development community of Solana.
To support a new direction, BIT Mining will raise funds in phases and start operating validation nodes on Solana, contributing to the decentralization and security of the network. The company's stock (BTCM) has increased by over 300% in pre-market trading following this announcement. This pivot places BIT Mining among companies that are reshaping their fund strategies around cryptoassets.