BIT Mining (NYSE: BTCM) Invests in Prosper’s Native Tokens to Support New Focus on Bitcoin Mining

investing.com 14/11/2024 - 12:09 PM

Cayman Islands, November 14th, 2024, Chainwire

Prosper, a decentralized protocol linking institutional-grade Bitcoin mining power on-chain, announced a new investment in its native project token PROS from BIT Mining Limited (NYSE: BTCM).

Prosper’s strategic focus on Bitcoin mining and its ecosystem has garnered positive community feedback. By partnering with leading industry figures, Prosper aims to enhance its mining hashrate management through top-tier services and products.

The investment from BIT Mining is a significant endorsement of Prosper’s mission by institutional investors. With a growing list of notable partners and investors like Waterdrip Capital, Prosper's appeal resonates with cryptocurrency mining firms that possess deep operational expertise. This investment aligns with Prosper’s strategic goals and future vision.

About BIT Mining Limited

BIT Mining (NYSE: BTCM) is a prominent cryptocurrency mining company engaged in mining, data center operations, and manufacturing of mining machines. The company seeks to create long-term value within the cryptocurrency ecosystem through efficient data centers, self-mining activities, and developing advanced mining hardware, including 7-nanometer BTC chips.

About Prosper

Prosper is a decentralized community protocol dedicated to Bitcoin, offering complete exposure to Bitcoin hashrate by bridging institutional-grade Bitcoin mining power on-chain. For further details, visit prosper-fi.com or follow on X (formerly Twitter).

Contact: Prosper contact@prosper-fi.com

This article was originally published on Chainwire.




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