CAYMAN ISLANDS, Cayman Islands, November 14th, 2024/Chainwire/–Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced a new investment in its native project token PROS by one of the leading cryptocurrency mining companies Bit Mining Limited(NYSE:BTCM).
Prosper’s new strategic focus on Bitcoin mining and the broader Bitcoin ecosystem has been well-received by the community. As part of this strategic change, Prosper partners with prominent industry players to obtain various services and products to deliver institutional-grade execution in managing its mining hashrate.
This investment from BIT Mining represents another significant validation of Prosper’s thesis by institutional backers. In addition to Prosper’s growing roster of top-tier industry partners and sophisticated financial investors (including a recently announced investment by
This investment aligns with Prosper’s strategic direction and supports its new vision.
About BIT Mining Limited
Anchored by its cost-efficient data centers that strengthen its profitability with steady cash flow, the company also conducts self-mining operations that enhance its marketplace resilience by leveraging self-developed and purchased mining machines to seamlessly adapt to dynamic cryptocurrency pricing.
The company also owns 7-nanometer BTC chips and has strong capabilities in the development of LTC/DOGE miners and ETC miners.
About Prosper
Contact
Prosper
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