BIT Mining bet $4.89M on Self-Run Solana Validator
BIT Mining Limited don launch dia first self-operated Solana validator after dem invest $4.89 million to buy 27,191 SOL tokens. Dis na di first step for dia bigger plan of $300 million to increase di amount of SOL dem get and support blockchain infrastructure. Di validator dey run by BIT own team, dem dey stake di company SOL, wey go help make di network more decentralized and secure. The staking rewards wey come from transaction processing go give more profit. Bo Yu, wey be Chairman and COO, talk say dis move na key building block for BIT Solana strategy, e knot say dem dey do technical participation, no be just passive investment. Di company get plan to increase di SOL treasury, make dem get more presence for di validator network and make partnerships and infrastructure projects waka well for di Solana ecosystem.
Bullish
BIT Mining don launch im own Solana validator plus im put stake of $4.89 million SOL wey show say e get beta confidence for Solana fundamentals. As dem dey stake tokens through their own infrastructure, e dey help network decentralisation and security, wey dey usually boost market feeling. Similar big staking moves (like major exchanges wey dey run validators) don drive SOL demand and price up. For short time, more SOL buying and staking ting fit push market price up. For long run, as one big mining firm wan join more for ecosystem, e fit attract more institutional and retail interest, wey go make bullish view for SOL and related infrastructure tokens stronger.