UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2025
Commission File Number: 001-36206
BIT Mining Limited
428 South Seiberling Street
Akron, Ohio 44306
United States of America
+1 (346) 204-8537
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
EXPLANATORY NOTE
This report on Form 6-K, including the documents attached as Exhibits 99.1, 99.2, 99.3 and 99.4 to this report on Form 6-K, is hereby incorporated by reference into the Company’s Registration Statement on Form F-3, as amended, filed with the U.S. Securities and Exchange Commission on May 16, 2025 (Registration No. 333-287337), and shall be a part thereof from the date on which this current report is furnished, to the extent not superseded by documents or reports subsequently filed or furnished.
TABLE OF CONTENTS
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| BIT MINING LIMITED | ||
| By: | /s/ Xianfeng Yang | |
| Name: | Xianfeng Yang | |
| Title: | Chief Executive Officer | |
Date: August 20, 2025
Exhibit 99.1
BIT Mining Attempts to Rebrand as SOLAI to Reflect Strategic Shift Toward the Solana Ecosystem
AKRON, Ohio, Aug 20, 2025 – BIT Mining Limited (NYSE: BTCM) (the “Company”), a leading technology-driven cryptocurrency company, today announced that it seeks to rebrand to SOLAI (NYSE: SLAI), a name that reflects the Company’s strategic transformation and commitment to building an on-chain intelligent financial infrastructure. The new brand identity underscores the Company’s evolution from a pure-play cryptocurrency miner into a broader digital assets company focused on next-generation blockchain infrastructure, decentralized finance, and smart contract innovation.
SOLAI—merging SOL (derived from the Latin for 'sun') with SOLANA's vision, empowered by AI—symbolizes our dual focus on high-performance blockchain systems and visionary innovation, embodying technological hope and sustainable scientific advancement.
“Becoming SOLAI marks the next chapter in our journey to providing the best value for our shareholders,” commented Bo Yu, the Chairman and Chief Operating Officer of the Company. “We will establish a global financial infrastructure powered by AI, driven by transparency, and optimized for capital efficiency. Beginning with the SOLANA ecosystem, our strategic foundation will seamlessly expand to other blockchain platforms, bridging innovation with real-world financial ecosystems.”
Since announcing its evolution beyond mining, the Company has steadily expanded its footprint in the Solana ecosystem. The Company recently launched a validator node on Solana and began staking the SOL it purchased as part of a broader $300 million ecosystem strategy. The rebrand builds on this momentum and signals the Company’s ambition to be a long-term contributor to the growth, decentralization, and resilience of the blockchain network.
The Company’s board of directors (the "Board") resolved to (i) change the Company's English name to "SOLAI Limited" (the "English Name Change"), subject to shareholders’ approval to be obtained at an extraordinary general meeting of shareholders (the "EGM"), and (ii) change the ticker symbol to "SLAI."
The EGM will be held at 428 South Seiberling Street, Akron, Ohio, US, on October 9, 2025 at 10:00 a.m., New York time.
Holders of record of the Company's ordinary shares and Class A preference shares at the close of business on August 25, 2025, New York time (the "Record Date") are entitled to receive notice of, and to attend and vote at, the EGM or any adjournment thereof. Holders of the Company's American Depositary Shares ("ADSs") who wish to exercise their voting rights for the underlying ordinary shares must act through Deutsche Bank Trust Company Americas, the depositary of the Company's ADS program.
Notice of the EGM, which sets forth the resolutions to be submitted for shareholder approval at the EGM will be made available on the Investor Relations section of the Company's website at https://ir.btcm.group/ on or around the Record Date. The Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission (the “SEC”) on April 29, 2025. Shareholders may obtain a copy of the Company’s annual report, free of charge, from the Company’s website at https://ir.btcm.group and on the SEC’s website at www.sec.gov, or by contacting BIT Mining Limited at 428 South Seiberling Street, Akron, Ohio, US, attention: Victor He, telephone: +1 (330) 676-2680, email: ir@btcm.group.
About the Company
The Company is a technology-driven cryptocurrency infrastructure company expanding from its foundation in crypto mining to build a blockchain-based ecosystem spanning AI, and SOL treasury and staking operations. By leveraging its blockchain and data infrastructure expertise, the Company aims to enhance on-chain efficiency and expand participation across Solana and other blockchain ecosystems.
Safe Harbor Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook" and similar statements. In addition, statements that are not historical facts, including statements about the Company's future business plan, such as its plan to expand into the Solana ecosystem, and the intended benefits of such plan, are or contain forward-looking statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
For more information:
BIT Mining Limited
ir@btcm.group
ir.btcm.group
www.btcm.group
Media Contact
bitmining@mgroupsc.com
Exhibit 99.2
BIT MINING LIMITED
(incorporated in the Cayman Islands with limited liability)
NOTICE OF EXTRAORDINARY GENERAL MEETING
to be held on October 9, 2025
NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting (“EGM”) of BIT Mining Limited (the “Company”) will be held at 428 South Seiberling Street, Akron, Ohio, US on October 9, 2025 at 10:00 a.m., New York time for the following purposes:
| · | To consider and, if thought fit, pass the following resolution: |
| 1. | as a special resolution that the English name of the Company be changed from “BIT Mining Limited” to “SOLAI Limited.” |
(Terms used but not defined in this Notice shall have the same meaning as those defined in the Proxy Statement attached)
| · | To consider and transact such other business as may properly come before the EGM or any adjournment or adjournments thereof. |
The Board of Directors of the Company has fixed the close of business on August 25, 2025, New York time as the record date (the “Record Date”) for determining the shareholders entitled to receive notice of, and to attend and vote at, the EGM or any adjourned meeting thereof. Holders of record of the Company’s ordinary shares and Class A preference shares at the close of business on the Record Date are entitled to attend and vote at the EGM and any adjourned meeting thereof. Holders of the Company’s American Depositary Shares (“ADSs”) who wish to exercise their voting rights for the underlying shares must act through Deutsche Bank Trust Company Americas, the depositary of the Company’s ADS program.
Please refer to the Proxy Form, which is attached to and made a part of this notice. The Proxy Statement is also available for viewing on the Investor Relations section of our website at https://ir.btcm.group/.
Holders of record of the Company’s ordinary shares and Class A preference shares as of the Record Date are cordially invited to attend the EGM in person. Your vote is important. If you cannot attend the EGM in person, you are urged to complete, sign, date and return the accompanying proxy form as promptly as possible. We must receive the proxy form no later than 48 hours before the time of the EGM to ensure your representation at such meeting.
Shareholders may obtain a copy of the Company’s annual report, free of charge, from the Company’s website at https://ir.btcm.group and on the SEC’s website at www.sec.gov, or by contacting BIT Mining Limited at 428 South Seiberling Street, Akron, Ohio, US, attention: Victor He, telephone: +1 (330) 676-2680, email: ir@btcm.group.
| By Order of the Board of Directors, | |
| /s/ Bo Yu | |
| Bo Yu | |
| Chairman |
Akron, Ohio, US
August 20, 2025
Exhibit 99.3
BIT MINING LIMITED
428 South Seiberling Street
Akron, Ohio
United States of America
PROXY STATEMENT
General
The board of directors of BIT Mining Limited (the “Company”) is soliciting proxies for the extraordinary general meeting of shareholders of the Company to be held on October 9, 2025 at 10:00 a.m., New York time (the “EGM”). The EGM will be held at 428 South Seiberling Street, Akron, Ohio, United States of America.
This Proxy Statement and the proxy form can be accessed, free of charge, on the Investor Relations section of the Company’s website at http://ir.btcm.group/.
Record Date, Share Ownership and Quorum
Only holders of the Company’s Class A ordinary shares, par value US$0.00005 per share (“Class A Ordinary Shares”), Class B ordinary shares, par value US$0.00005 per share (“Class B Ordinary Shares”) and Class A preference shares, par value US$0.00005 per share (“Class A Preference Shares” and together with Class A Ordinary Shares and Class B Ordinary Shares, “Shares”) of record at the close of business on August 25, 2025, New York time (the “Record Date”) are entitled to attend and vote at the EGM. Holders of American Depositary Shares (“ADSs”) issued by Deutsche Bank Trust Company Americas and representing the Company’s Class A Ordinary Shares are not entitled to attend or vote at the EGM. These holders of ADSs will be able to instruct Deutsche Bank Trust Company Americas, the holder of record of such Class A Ordinary Shares (through a nominee), as to how to vote the Class A Ordinary Shares which are represented by such ADSs, and which Deutsche Bank Trust Company Americas, as depositary of the ADSs, will endeavor, to the extent practicable and legally permissible, to vote or cause to be voted at the EGM in accordance with the instructions which it has properly received from such ADS holders.
One or more shareholders holding in aggregate not less than one-third of the voting power of the Shares of the Company in issue carrying a right to vote at such meeting, present in person or by proxy or, if a corporation or other non-natural person, by its duly authorized representative or proxy and entitled to vote shall be a quorum for all purposes.
Voting and Solicitation
Each Class A Ordinary Share, Class B Ordinary Share and Class A Preference Share issued and outstanding as of the close of business on the Record Date is entitled to one vote, ten votes and 10,000 votes, respectively, on a poll. On a show of hands, every shareholder present in person and every person representing a shareholder by proxy shall each have one vote. A resolution put to the vote at the EGM will be decided on by a show of hands unless (before or on the declaration of the result of the show of hands) a poll is demanded by (i) the chairman of the EGM, or (ii) any one or more shareholders, holding at least one-tenth of the paid-up Shares given a right to vote at such meeting or one-tenth of the total voting rights entitled to vote at such meeting, present in person or by proxy or, in the case of a shareholder being a corporation or other non-natural person, by its duly authorized representative or by proxy.
Copies of solicitation materials will be furnished to all holders of Shares and ADSs of the Company, including banks, brokerage houses, fiduciaries and custodians holding in their names Shares or ADSs beneficially owned by others to forward to those beneficial owners.
Voting by Holders of Shares
When proxy forms are properly dated, executed and returned by holders of Shares, the Shares they represent will be voted by the proxy holder at the EGM, or at any adjournment thereof, in accordance with the instructions of the shareholder. If no specific instructions are given in such proxy forms, the proxy holder will vote in the discretion of such proxy holder and, where the chairman of the EGM is the proxy holder, he will vote in favor of the items set forth in the proxy form. The proxy holder will also vote in the discretion of such proxy holder on any other matters that may properly come before the EGM, or at any adjournment thereof. Abstentions by holders of Shares are not included in the determination of the number of Shares present and voting for the purposes of determining whether such resolution has been passed (but will be counted for the purposes of determining the quorum, as described above).
Voting by Holders of ADSs
As the holder of record for all the Class A Ordinary Shares represented by the ADSs (through a nominee), only Deutsche Bank Trust Company Americas may vote those Class A Ordinary Shares at the EGM.
We have requested Deutsche Bank Trust Company Americas, as depositary of the ADSs, to distribute to all owners of ADSs at the close of business on the Record Date this proxy statement, the accompanying notice of the EGM and an ADS voting card. Upon the timely receipt from an owner of record of ADSs of written voting instructions in the manner specified, Deutsche Bank Trust Company Americas will endeavor, to the extent practicable and legally permissible, to vote or cause to be voted the number of Class A Ordinary Shares represented by the ADSs in accordance with such voting instructions. Under the terms of the deposit agreement for the ADSs (the “Deposit Agreement”), Deutsche Bank Trust Company Americas will not vote or attempt to exercise the right to vote other than in accordance with such voting instructions or such deemed instructions as further described below.
There is no guarantee that holders of the ADSs or any such holder in particular will receive the notice described above with sufficient time to enable such holder to return any voting instructions to Deutsche Bank Trust Company Americas in a timely manner, in which case the Class A Ordinary Shares underlying your ADSs may not be voted in accordance with your wishes.
If (i) an ADS voting card is missing voting instructions, (ii) an ADS voting card is improperly completed or (iii) no ADS voting card is received by Deutsche Bank Trust Company Americas by 10 a.m. (New York City time), October 3, 2025, Deutsche Bank Trust Company Americas will deem such holder of ADSs to have instructed it to give a discretionary proxy to a person designated by the Company to vote the Class A Ordinary Shares represented by such holder’s ADSs, unless the Company has informed Deutsche Bank Trust Company Americas that such proxy should not be given, in accordance with the terms of the Deposit Agreement.
Revocability of Proxies and ADS Voting Cards
Any proxy given by a holder of Shares by means of a proxy form, and any voting instructions given by an ADS holder by means of an ADS voting card, pursuant to this solicitation may be revoked: (a) for holders of Shares or ADSs, by submitting a written notice of revocation or a fresh proxy form or ADS voting card, as the case may be, bearing a later date, which must be received no later than at least 48 hours before the time of the EGM, or (b) for holders of Shares only, by attending the EGM and voting in person.
PROPOSAL 1
THE CHANGE OF THE ENGLISH NAME OF THE COMPANY TO “SOLAI LIMITED”
The Board of Directors proposes a special resolution to be passed to change the English name of the Company from “BIT Mining Limited” to “SOLAI Limited.”
THE BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” THE CHANGE OF THE ENGLISH NAME OF THE COMPANY FROM“BIT MINING LIMITED” TO “SOLAI LIMITED.”
OTHER MATTERS
We know of no other matters to be submitted to the EGM. If any other matters properly come before the EGM, it is the intention of the persons named in the enclosed form of proxy to vote the Shares they represent as the board of directors may recommend.
| By Order of the Board of Directors, | |
| /s/ Bo Yu | |
| Bo Yu | |
| Chairman | |
| Dated: August 20, 2025 |
Exhibit 99.4
BIT Mining Limited
THIS PROXY IS SOLICITED ON BEHALF OF
THE BOARD OF DIRECTORS OF BIT MINING LIMITED
FOR THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
TO BE HELD ON OCTOBER 9, 2025
The undersigned shareholders of BIT Mining Limited, a Cayman Islands company (the “Company”), hereby acknowledges receipt of the notice (the “Notice”) of extraordinary general meeting of shareholders (the “EGM”) and proxy statement, and hereby appoints the chairman of the EGM or ______________ as proxy, with full power to each of substitution, on behalf and in the name of the undersigned, to represent the undersigned at the EGM to be held on October 9, 2025 at 10:00 a.m., New York time, at 428 South Seiberling Street, Akron, Ohio, United States of America, and at any adjournment or adjournments thereof, and to vote all shares which the undersigned would be entitled to vote if then and there personally present, on the matters set forth below (i) as specified by the undersigned below and (ii) in the discretion of the proxy upon such other business as may properly come before the meeting, all as set forth in the Notice and in the proxy statement furnished herewith.
The shares in respect of which this proxy form is given (when properly executed and delivered to the mailing or e-mail address set forth below) will be voted by the proxy holder in the manner directed herein by the undersigned shareholder. If no direction is made, the proxy holder will vote in the discretion of such proxy holder and, where the chairman of the EGM is the proxy holder, he will vote the shares in respect of which this proxy form is given “FOR” the following proposal:
PROPOSAL 1: As a Special Resolution that the English name of the Company be changed from “BIT Mining Limited” to “SOLAI Limited” (as set out in the Notice).
| FOR | AGAINST | ABSTAIN |
| ¨ | ¨ | ¨ |
| Dated: ______________, 2025 | ||
| Shareholder Name: | Co-Owner (if any) Name: | |
| Signature | Co-Owner (if any) Signature |
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This proxy form must be signed by the person registered in the register of members as at the close of business on August 25, 2025, New York time, or his or her attorney duly authorized in writing or, in the case the appointer is a corporation, must be either under seal or executed under the hand of an officer or attorney or other person duly authorized to sign the same.
Whether or not you propose to attend the EGM in person, you are strongly advised to complete and return this form of proxy in accordance with the instructions herein.
To be valid, this form must be completed and deposited (together with any power of attorney or other authority under which it is signed or a notarially certified copy of that power or authority) with the Company: (i) by mail, to 428 South Seiberling Street, Akron, Ohio, United States of America, or (ii) by email, to ir@btcm.group, in each case marked for the attention of Victor He, as soon as possible and in any event not later than 10:00 a.m., New York time, on October 7, 2025.
Returning this completed form of proxy will not preclude you from attending the EGM and voting in person if you so wish.
NOTES
IF YOU HAVE EXECUTED A STANDING PROXY, YOUR STANDING PROXY WILL BE VOTED AS INDICATED IN NOTE 2 BELOW, UNLESS YOU ATTEND THE EGM IN PERSON OR COMPLETE AND SEND IN THIS FORM APPOINTING A SPECIFIC PROXY.
| 1. | A proxy need not be a shareholder of the Company. A shareholder entitled to attend and vote at the EGM is entitled to appoint one or more proxies to attend and vote in his/her stead. Please insert the name of the person(s) of your own choice that you wish to be appointed proxy in the space provided, failing which the chairman of the EGM will be appointed as your proxy. |
| 2. | Any standing proxy previously deposited by a shareholder with the Company will be voted in favor of the resolution to be proposed at the EGM unless revoked prior to the EGM or the shareholder attends the EGM in person or completes and returns this form appointing a specific proxy. |
| 3. | If two or more persons are jointly registered as holders of a share, the vote of the senior person who tenders a vote, whether in person or by proxy, shall be accepted to the exclusion of the votes of other joint holders. For this purpose seniority shall be determined by the order in which the names stand on the Company’s register of members in respect of the relevant shares. The senior holder should sign this form, but the names of all other joint holders should be stated on the form in the space provided. |
| 4. | If this form is returned without an indication as to how the proxy shall vote, the proxy will exercise his/her discretion as to whether he/she votes and if so how. |
| 5. | This form of proxy is for use by shareholders only. If the appointor is a corporate entity this form of proxy must either be under its seal or under the hand of some officer or attorney duly authorized for that purpose. |
| 6. | Any alterations made to this form must be initialed by you. |
| 7. | A proxy may vote on a show of hands or on a poll. |
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