Prosper, a decentralized protocol designed to connect institutional-grade Bitcoin mining power to the blockchain through liquidity mining, today announced that cryptocurrency mining company BIT Mining Limited (NYSE: BTCM) has made a new round of investment in its native project token PROS.
Prospers new strategic focus on Bitcoin mining and the broader Bitcoin ecosystem has been positively received by the community. As part of this strategic change, Prosper has partnered with well-known players in the industry to acquire a variety of services and products to provide institutional-grade mining power management execution.
This investment by BIT Mining further validates the institutional investors’ recognition of Prosper’s philosophy. In addition to Prosper’s growing list of top industry partners and financial investors (including the recently announced investment from Waterdrip Capital), Prosper’s value proposition resonates with cryptocurrency mining companies that have extensive experience in mining operations and a deep understanding of the ecosystem. This investment is consistent with Prosper’s strategic direction and supports its new vision.
About BIT Mining Limited
BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company with businesses covering cryptocurrency mining, data center operations, and mining machine manufacturing. The company strategically creates long-term value in the industry through its cryptocurrency ecosystem, relying on its efficient data centers to enhance profitability and stable cash flow. The company also conducts self-operated mining operations, and through self-developed and purchased mining machines, it can flexibly respond to dynamic cryptocurrency prices, thereby enhancing market resilience. The company also has a 7-nanometer Bitcoin chip and has strong capabilities in the development of LTC/DOGE mining machines and ETC mining machines.
About Prosper
Prosper is a decentralized protocol dedicated to the community that truly believes in Bitcoin, providing comprehensive exposure to Bitcoin hashrate and Bitcoin, and aims to fully unlock the potential of Bitcoin by connecting institutional-grade Bitcoin mining power to the blockchain. For more information, users can visit prosper-fi.com or follow on X.
