Bit Digital Shifts Focus to Ethereum Staking, Plans to Sell Bitcoin ...

Bit Digital Pivots From Bitcoin Mining to ETH Staking Strategy

Bit Digital shifts focus to ethereum staking, plans to sell bitcoin ...

Bit Digital (Nasdaq:BTBT) - Stock Price, News & Analysis - Simply Wall St

Research Bit Digital's (Nasdaq:BTBT) stock price, latest news & stock analysis. Find everything from its Valuation, Future Growth, Past Performance and more.

Bit Digital Exits Bitcoin Mining to Focus on ETH Staking

Bit Digital will cease mining Bitcoin and utilize $150M to purchase Ethereum for staking. The firm may grow its Ethereum holdings to over 42,000 if it converts all its Bitcoin. The company had filed for WhiteFiber’s IPO to support Ethereum and AI computing tools. Bit Digital has raised $150 million in a public offering to fund its exit from Bitcoin mining and expand Ethereum staking operations. The offering included 75 million shares priced at $…

Bit Digital Exits Bitcoin Mining, Pivots To Ethereum Staking - FinanceFeeds

Bit Digital Inc. (NASDAQ: BTBT), a publicly traded digital asset company, has announced a major pivot away from its Bitcoin mining operations to become a fully Ethereum-focused staking and treasury firm. The decision marks a significant realignment in its business model amid shifting economic and environmental dynamics in the crypto sector. Originally launched as a Bitcoin mining enterprise, Bit Digital began building out Ethereum staking capabi…

Bit Digital escapes Bitcoin and doubles down on Ethereum mining

Bit Digital escapes Bitcoin and doubles down on Ethereum mining, which could theoretically be lucrative for the company.