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 operati
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Author: Chainwire
