Solana treasury company SOLAI Limited announced an increase in its statutory capital to 1.94 million USD

According to PRNewswire, Solana Treasury Company SOLAI Limited, listed on the NYSE and formerly known as the cryptocurrency infrastructure company BIT Mining Limited, announced that its special shareholders' meeting approved an increase in the company's authorized capital to $1.94 million, including: 38,399,870,000 shares of Class A common stock, 65,000 shares of Class A preferred stock, 65,000 shares of Class A II preferred stock, 400,000,000 shares of Class B common stock, and an additional issuance of 30,000,000,000 shares of Class A common stock.

(Note: Authorized capital refers to the amount of capital that a company is legally allowed to raise, which is the total amount of contributions or capital stock subscribed by shareholders as stipulated in the company's articles of association.)