BTC Digital will fully shift from Bitcoin to Ethereum and focus on building a long-term on-chain asset strategy.
The company will use Ethereum staking and DeFi tools to create steady returns and grow its digital reserves.
BTC Digital plans to form partnerships across Ethereum to support stablecoins, tokenized assets, and financial products.
BTC Digital has announced a major strategic pivot. The company will now focus entirely on Ethereum as its core digital asset. This shift includes converting all current and future Bitcoin reserves into Ether. BTC Digital trades on the Nasdaq under the ticker BTCT.
https://twitter.com/Cointelegraph/status/1946034913410433468
The move follows a completed $6 million funding round. The company has already added $1 million in ETH to its reserves. It now plans to build an on-chain asset pool centered around Ethereum's ecosystem. Management targets a significant increase in ETH holdings by year-end.
Transition from Mining to On-Chain Operations
BTC Digital will no longer operate as a mining-first company. Instead, it will transform into a digital asset operator focused on productivity. This includes active participation in staking, decentralized finance (DeFi), and stablecoin systems.
The company aims to use Ethereum-backed reserves to earn on-chain returns. It also plans to build ETH-supported yield pools and integrate with real-world asset projects. This shift marks a move away from speculative crypto holding toward active asset use and income generation.
Staking and Yield Strategy Takes Focus
As part of its new strategy, BTC Digital will launch large-scale Ethereum staking operations. The firm expects these efforts to generate consistent returns. It will reinvest those returns to expand ETH reserves and strengthen long-term on-chain positions.
Ethereum’s network allows participants to earn rewards by helping secure its blockchain. BTC Digital’s staking program will help maintain network integrity while producing revenue. This approach replaces reliance on Bitcoin price movement with a more stable yield strategy.
The staking initiative is a key component of BTC Digital’s effort to shift from passive to active reserve management. Management expects this method to improve predictability and create long-term value.
Partnerships to Strengthen Ethereum Integration
BTC Digital also plans to expand its involvement in Ethereum-based applications. These include DeFi protocols, real-world asset tokenization, and stablecoin platforms. The company seeks to form partnerships across the Ethereum ecosystem to increase project access and resource use.
These initiatives will position the company to take part in financial infrastructure innovation. Stablecoin systems will offer new liquidity options for the firm’s growing ETH portfolio. Asset tokenization will open access to regulated, real-world value streams.
This transition signals BTC Digital’s intent to build operational strength around Ethereum’s evolving financial tools. The firm will continue growing within the ecosystem through strategic use of its ETH reserves and on-chain activities.
