Prosper Secures Investment from BIT Mining for Its Native Token to Support Its New Bitcoin Mining Strategic Positioning

Prosper is a decentralized protocol designed to connect institutional-level Bitcoin mining capacity to the chain,

and explore more opportunities for Bitcoin ecosystem liquidity mining. Prosper today announced that the industry-leading cryptocurrency mining company BIT Mining Limited (New York Stock Exchange code: BTCM) has invested in its native token PROS.

Prosper's strategic focus on Bitcoin mining and the Bitcoin ecosystem has received positive community feedback. Under this strategic adjustment, Prosper has teamed up with industry-renowned partners to ensure mining power is managed to institutional standards using various services and products.

This investment by BIT Mining represents institutional investor recognition of Prosper's theory. In addition, the number of Prosper's industry-leading partners and financial investors continues to grow, including Waterdrip Capital's recent investment. At the same time, Prosper's core values have gained support from cryptocurrency mining companies that not only have rich mining operation experience but also a deep understanding of the ecosystem. This investment aligns with Prosper's future development plans and goals, and will help drive its future growth.

About BIT Mining Limited

BIT Mining (New York Stock Exchange code: BTCM) is a leading technology-driven cryptocurrency mining company, with business covering cryptocurrency mining, data center operations, and mining machine manufacturing. The company creates long-term value for the industry through the cryptocurrency ecosystem. Through cost-efficient data centers, BIT Mining has enhanced the company's profitability with stable cash flow. In addition, the company conducts self-operated mining operations, improving its market resilience by using self-developed and purchased mining machines to better adapt to cryptocurrency price changes. Furthermore, the company owns 7nm Bitcoin chips and has strong R&D capabilities for LTC/DOGE miners and ETC miners.

About Prosper

Prosper is a decentralized protocol designed to support a community that truly believes in Bitcoin. By connecting institutional-grade Bitcoin mining capabilities to the chain and providing opportunities to participate in a more diverse Bitcoin ecosystem. For more information, users can visit its official website or follow on X (formerly Twitter).

This article is contributed content and does not represent the views of BlockBeats