Solana Treasury Company, SOLAI Limited, announced that it will increase its authorized share capital to US$1.94 million.

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According to PRNewswire, SOLAI Limited (formerly BIT Mining Limited), a NYSE-listed treasury company specializing in Solana, announced that its authorized share capital has been increased to $1.94 million following approval at a special shareholders' meeting. This includes 38,399,870,000 Class A ordinary shares, 65,000 Class A preferred shares, 65,000 Class II preferred shares, 400,000,000 Class B ordinary shares, and an additional 30,000,000,000 Class A ordinary shares.

(Note: Statutory share capital refers to the company's statutory capital amount, that is, the total amount of capital subscribed by shareholders or the total share capital as stipulated in the company's articles of association.)

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