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

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Prosper leverages institutional-level Bitcoin mining capabilities to unlock the potential of Bitcoin and provide comprehensive support to the Bitcoin-believing community.

Prosper is a decentralized protocol designed to connect institutional Bitcoin mining capacity to the blockchain 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 made an investment in its native token, PROS.

Prosper's strategic shift towards Bitcoin mining and the Bitcoin ecosystem has been positively received by the community. Under this strategic adjustment, Prosper is partnering with industry-renowned allies to ensure the management of mining power at an institutional standard through various services and products.

This investment by BIT Mining represents institutional investor recognition of Prosper's vision. Additionally, Prosper's roster of top-tier industry partners and financial backers continues to expand, including Waterdrip Capital's recent investment. Meanwhile, Prosper's core values have garnered support from cryptocurrency mining companies with rich mining operation experience and a profound understanding of the ecosystem. This investment aligns with Prosper's future development plans and goals, contributing to 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 lines covering cryptocurrency mining, data center operations, and miner manufacturing. The company creates long-term value for the industry through the cryptocurrency ecosystem. With cost-efficient data centers, BIT Mining has enhanced its profitability through stable cash flow. Additionally, the company conducts self-operated mining operations to improve market resilience by utilizing self-developed and purchased miners to better adapt to cryptocurrency price fluctuations. Furthermore, the company possesses 7nm Bitcoin chips and 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 blockchain and providing opportunities to engage with a more diverse Bitcoin ecosystem. For more information, users can visit its official website, or follow on X (formerly Twitter).