SOLAI

What SOLAI does

SOLAI Limited (NYSE: SLAI; formerly BIT Mining Limited, NYSE: BTCM) is a Cayman Islands-incorporated technology company headquartered in Akron, Ohio, operating across three integrated business pillars following a strategic pivot from pure-play cryptocurrency mining. The data center operations pillar spans 130+ MW of global capacity, including an 82.5MW facility in Ohio (40,000 sqm) and a 51MW facility in Ethiopia (10,586 sqm), providing mining machine hosting services and self-mining Bitcoin, Litecoin, and Dogecoin at a combined hash rate of approximately 271.1 PH/s. The personal AI infrastructure pillar is anchored by the Solode Neo device (US$399 MSRP, US$369 early bird), a compact always-on personal AI computer with proprietary On-Device Agent Runtime OS, dedicated NPU, local storage, and support for multiple AI agent frameworks (OpenClaw, Claude Code, OpenAI Codex, Hermes, Gemini CLI) delivered via OTA updates, paired with an Intelligence & Routing API management layer.

The Solana ecosystem pillar includes a strategic SOL treasury (44,412+ SOL valued at approximately US$9.95 million as of September 2025), active validator nodes generating staking rewards, and the DOLAI USD-backed stablecoin launched in August 2025 in collaboration with Brale Inc. for AI-agent machine-to-machine transactions. The company monetizes through data center hosting fees, cryptocurrency self-mining yields, hardware sales (Solode Neo), usage-based AI credit consumption, and on-chain staking rewards. Notable acquisitions include BTC.com (February 2021), Bee Computing (April 2021), Ethiopian data centers (2024-2025), and a 51% stake in Singapore-based NEURALAND PTE. LTD. completed in June 2026 for approximately US$9.18 million. Q1 2026 revenue was US$7.9 million (+19.7% YoY) against a US$6.8 million operating loss, with US$2.0 million cash on hand, a US$14.7 million market capitalization, and pending NYSE non-compliance notices for share price (below US$1.00) and market cap (below US$50 million) deficiencies, alongside a going-private proposal from Chaince Digital Holdings Inc. at US$3.07-3.162 per ADS.

Name

SOLAI

Legal name

SOLAI Limited

Website

https://solai.com

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

51–100 employees

Short description

SOLAI Limited (NYSE: SLAI) is a vertically integrated technology company operating 130+ MW of data centers in the US and Ethiopia, the Solode Neo personal AI device, a Solana treasury and validator operation, and the DOLAI stablecoin.

Ownership category

akta.pro rank

Product category

AI Infrastructure

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Securities and Commodity Exchanges (5232)

SIC

Services-Prepackaged Software (7372), Finance Services (6199)

akta.pro primary industry

AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI) (HDAEANAI)

akta.pro secondary industries

AI Datacenter Power, Cooling & Racks (liquid cooling, power delivery) (HDAAAAAH), DAO Treasury, Governance & On-Chain Finance Tools (FSADAMAL), DEX Aggregation & On-Chain Execution (routing, RFQ, intent-based trading) (FSAPAEAD)

Keywords

• AI infrastructure platform
• Personal AI devices
• Data center hosting
• Cryptocurrency mining
• Blockchain infrastructure

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Operations, Personnel, Supply Chain, Marketing or Sales

Revenue model

1. Data Center Hosting Services: Revenue from providing dedicated hosting capacity for cryptocurrency mining operations. The Ohio data center (82.5 MW, 40,000 sqm floor space) and Ethiopia data center (51 MW, 10,586 sqm floor space) generate service fee revenue from hosting mining machines for third-party clients.
2. Cryptocurrency Self-Mining: Self-mining operations generating revenue from Bitcoin, Dogecoin, and Litecoin mining. The company operates approximately 271.1 PH/s of BTC mining capacity and has produced BTC, DOGE, and LTC from its mining operations. Revenue is dependent on cryptocurrency prices and network difficulty.
3. Solode Neo Hardware Sales: Direct sales of Solode Neo personal AI node device at $399 MSRP ($369 early bird pricing). Each device includes complimentary AI credits supporting up to 20 million tokens for lightweight AI tasks.
4. SOL Treasury and Staking: Strategic accumulation of SOL as a core reserve digital asset, leveraging staking yields to maximize capital efficiency. The company operates validator nodes generating consistent staking rewards.
5. API and AI Credits (Solode Neo): Revenue from AI credits and API usage on the Solode Neo platform, where users consume tokens for AI interactions through the intelligent routing layer supporting multiple LLM providers.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

SOLAI operates a vertically integrated AI infrastructure platform built on three pillars: (1) personal AI hardware and software including the Solode Neo consumer AI node device, a proprietary On-Device Agent Runtime OS, and an Intelligent Routing API gateway; (2) data center operations comprising 130+ MW of capacity across Ohio and Ethiopia providing hosting services and self-mining of Bitcoin, Dogecoin, and Litecoin; and (3) Solana ecosystem participation via SOL treasury/validator operations and the DOLAI USD-backed stablecoin.

Product overview

SOLAI Limited is building a vertically integrated AI infrastructure platform transitioning from cryptocurrency mining to personal AI computing and digital asset ecosystems. The product portfolio comprises three main segments: (1) Personal AI Infrastructure including Solode Neo (compact always-on AI computer), On-Device Agent Runtime OS, Intelligence & Routing API Management layer, and acquired NEURALAND brand for AI node hardware/software; (2) Blockchain Infrastructure including SOL treasury and validator nodes, and DOLAI USD-backed stablecoin on Solana; (3) Data Center Operations spanning Ohio (82.5MW) and Ethiopia (51MW) facilities with 130+ MW global capacity. The company also maintains Hardware Manufacturing operations producing Bee Miner LD3 and LD4 cryptocurrency mining equipment. The ecosystem connects personal AI nodes to high-density compute infrastructure, powered by Solana blockchain and real-world energy expertise.

Differentiator

Problem solved

Functional benefit

Brands

• Solode Neo: Personal AI device pre-configured with OpenClaw and LLMs, designed to run autonomous AI agents at home or office. Priced at US$399 with early bird price of US$369. Features dedicated NPU, 24/7 always-on capability, local privacy-first architecture.
• DOLAI
• Bee Miner
• Asgard

Products and services

• Solode Neo Personal AI Node Device A compact personal AI computer designed for always-on AI agents and developer-agent workflows. Pre-configured with OpenClaw and curated LLMs, powered by a dedicated NPU, with local storage, end-to-end encryption, and privacy-first architecture. Supports Claude Code, OpenAI Codex, Hermes, and Gemini CLI frameworks. Priced at US$399 MSRP.
• DOLAI USD-Backed Stablecoin Regulatory compliant USD-backed stablecoin on the Solana blockchain, jointly launched with Brale Inc., with 1:1 dollar collateralization backed by cash and short-term US Treasuries. Designed for AI-agent integration enabling autonomous machine-to-machine transactions, multi-chain interoperability (Ethereum, Base, Canton), and institutional minting/redemption via ACH or wire.
• Ohio Data Center Hosting Services Dedicated cryptocurrency mining machine hosting facility with 40,000 square meters of floor space, 82.5 MW operating power load, capable of hosting up to 30,000 Bitcoin mining machines. Provides mining machine hosting, repair and maintenance, and professional power management services to enterprise clients.
• Ethiopia Data Center Hosting Services Dedicated cryptocurrency mining machine hosting facility in Ethiopia with 10,586 square meters of floor space, 51 MW operating power load, capable of hosting up to 16,800 Bitcoin mining machines. Generated US$3.3 million in revenue in Q1 2026.
• Solana Validator Node Services Active participation in Solana network consensus through self-operated validator nodes, contributing to SOL's protocol security and decentralization while generating native staking rewards. Company treasury holds approximately 44,412 SOL as of September 2025.
• Bee Miner LD4 (LTC/DOGE Miner) Litecoin/Dogecoin miner with 5000 MH/s hash rate at 0.71 W/MH power efficiency. Features excellent cost performance, reliability, system security, and heat dissipation. Successfully delivered 5,000+ units as part of in-house manufacturing capabilities acquired via Bee Computing.
• Bee Miner LD3 (LTC/DOGE Miner) DOGE/LTC miner with 4800 MH/s hash rate at 3500W power consumption and 0.73 W/MH efficiency. Features improved power efficiency for enhanced mining profitability using latest technology design.
• On-Device Agent Runtime OS SOLAI's proprietary operating system and core differentiator of the personal AI ecosystem. Drives autonomous AI agent execution through advanced model orchestration, seamless integrations, permission controls, and process reliability featuring auto-recovery and rollback capabilities.
• Intelligence & Routing (API Management) Unified control layer enabling multi-model access through centralized API management, intelligent routing, distributed inference, and secure system updates. Built on SOLAI's expertise in large-scale compute infrastructure.

Quantifiable outcome

• Revenue growth of 19.7% year-over-year to US$7.9 million in Q1 2026, driven by new Ethiopia data center generating US$3.3 million
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability9 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered core, key and supporting.

• NEURALAND PTE. LTD.coreStrategic or Co-development Partner · 2 June 2026SOLAI acquired 51% equity stake in NEURALAND, a Singapore-incorporated company specializing in the design and manufacture of personal AI nodes. SOLAI issued approximately 1.162 billion Class A ordinary shares valued at US$9.18 million. NEURALAND brings expertise in AI node hardware design, semiconductor development, embedded systems, and edge-cloud computing, with team members experienced in consumer electronics ecosystems and AI agent orchestration.
• TSMC (Taiwan Semiconductor Manufacturing Company)keyTechnology or IntegrationWorld-class semiconductor partnership securing access to advanced node technology and ensuring supply chain resilience for hardware manufacturing operations.
• MediaTekkeyTechnology or IntegrationStrategic semiconductor partnership providing access to advanced node technology for hardware manufacturing capabilities.
• ASE (Advanced Semiconductor Engineering)supportingTechnology or IntegrationSemiconductor assembly and test services partnership supporting hardware manufacturing operations.
• Brale Inc.keyStrategic or Co-development PartnerCollaboration partner for DOLAI stablecoin launch ensuring robust compliance standards. DOLAI is jointly introduced by BIT Mining/SOLAI and Brale in pursuant to existing U.S. regulatory requirements with 1:1 dollar collateralization.
• OpenClaw EcosystemkeyTechnology or IntegrationOpenClaw is pre-configured on Solode Neo devices, enabling native support for the OpenClaw ecosystem and providing integration with autonomous AI agent frameworks.
• Solana FoundationkeyStrategic or Co-development PartnerActive validator nodes supporting Solana network consensus and decentralization. The company operates independent validator nodes contributing to SOL's protocol security and generating consistent staking rewards.

Scale indicators11 records

Recent moves10 records

Expansion highlights7 records

Direct peers

• Riot Platforms: Riot Platforms operates large-scale Bitcoin mining facilities in Texas with a power-first infrastructure model comparable to SOLAI's Ohio data center operations.
• TeraWulf: TeraWulf operates nuclear and hydro-powered Bitcoin mining data centers and has expanded into AI/HPC compute hosting. Comparable power-source differentiation and AI pivot trajectory.
• Core Scientific: Core Scientific operates large-scale crypto mining data centers and now hosts AI/HPC workloads post-emergence from bankruptcy. Comparable scale and similar power-infrastructure-first approach to SOLAI's Ohio and Ethiopia facilities.
• Iris Energy (IREN): IREN operates renewable-powered Bitcoin mining data centers and has expanded into AI/HPC compute services. Comparable renewable-energy-first data center footprint and AI pivot thesis to SOLAI.
• Bit Digital: Bit Digital transitioned from crypto mining to AI cloud services and GPU compute, making it one of the most directly comparable pivots to SOLAI's mining-to-AI strategy.
• Applied Digital: Applied Digital operates large-scale data centers that pivoted from crypto mining to AI/HPC cloud hosting. Closely aligned with SOLAI's strategy of converting mining infrastructure for AI compute.
• Hut 8: Hut 8 operates large-scale crypto mining data centers and has explicitly pivoted into AI/HPC compute hosting. Closely comparable to SOLAI's combined mining-hosting-AI compute strategy.
• Marathon Digital Holdings: Marathon is one of the largest publicly traded Bitcoin miners and represents a direct peer for SOLAI's self-mining and hosting operations, though at significantly larger scale.
• Cipher Mining: Cipher Mining is a US-based Bitcoin mining operator with industrial-scale data center operations, comparable in mining model though without SOLAI's recent AI infrastructure and consumer hardware expansion.

Broad incumbents

• Galaxy Digital: Galaxy Digital is a diversified crypto financial services and digital asset manager with growing AI compute hosting business. Broader portfolio than SOLAI but overlapping in crypto treasury, mining infrastructure, and digital asset ecosystem positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/BITMining_BTCM

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds6 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SOLAI