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BTCUSD Bitcoin

98,014.82
3,667.75 (3.89%)
11:28:23 - Realtime Data
Name Symbol Market Market Cap ($) Algorithm
Bitcoin BTCUSD Crypto 1,941,276,573,969 SHA-256d
  Price Change Price Change % Current Price Bid Price Offer
  3,667.75 3.89% 98,014.82 98,013.79 98,025.89
High Price Low Price Open Price Prev. Close 52 Week Range
98,370.30 94,127.20 94,301.06 94,359.05 35,773.27 - 94,989.99
Exchange Last Trade Size Trade Price Currency
GDAX 11:28:23 0.000011 98,026.80 USD
Price x Volume Volume Base Symbol Related Pairs
1,315,607,790.97 13,641.80 BTC BTCEUR BTCGBP ETHBTC

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

14/11/2024 12:09pm

ChainWire



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 Waterdrip Capital), Prosper’s value proposition also resonates with cryptocurrency mining companies that bring extensive experience in mining operations and a strong understanding of the ecosystem. This investment aligns 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 operations in cryptocurrency mining, data center operation, and mining machine manufacturing. The company is strategically creating long-term value across the industry with its cryptocurrency ecosystem. 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

Prosper is a decentralized protocol for a community that truly believes in Bitcoin, providing full exposure across Bitcoin hashrate and Bitcoin through bridging institutional-grade Bitcoin mining power on-chain, and aims to fully unlock the potential of Bitcoin. For more information, users can visit prosper-fi.com or follow on X (formerly Twitter).


Contact
Prosper
contact@prosper-fi.com

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