Solana Treasury Company SOLAI Limited announces increase of authorized capital to $1.94 million

ChainCatcher News, according to PRNewswire, NYSE-listed Solana Treasury Company SOLAI Limited (formerly cryptocurrency infrastructure company BIT Mining Limited) announced that, with the approval of its special shareholders’ meeting, the company’s statutory capital has been increased to $1.94 million, including: 38,399,870,000 Class A common shares, 65,000 Class A preferred shares, 65,000 Class A II preferred shares, 400,000,000 Class B common shares, and an issuance of 30,000,000,000 Class A common shares. (Note: statutory capital refers to the company’s legally authorized capital, i.e., the total amount of capital or share capital subscribed by shareholders as stipulated in the articles of incorporation)