Bit Digital has exited the Bitcoin mining business and moved its entire treasury strategy to Ethereum (ETH), which its CEO says better captures real on-chain economic value and staking yield. The company confirmed it sold its remaining 417 Bitcoin (BTC) and used the proceeds, plus new capital, to accumulate about 100,000 ETH. According to Bit […]
The post Why Did Bit Digital Switch to 100% Ethereum (ETH) Strategy From Bitcoin (BTC)? CEO Explains appeared first on CoinChapter.
