Bit Digital is shifting its focus from bitcoin mining to ether staking and treasury operations.
The company plans to sell its bitcoin mining assets and reinvest the proceeds into ether.
Bit Digital will also sell shares to fund additional ether purchases, and its subsidiary WhiteFiber is preparing to go public.
Bit Digital (BTBT) is changing course to become a dedicated ether
ETH
$2,427.57
staking and treasury operation, the company said Wednesday.
The New York-based firm will exit the bitcoin
BTC
$107,430.34
mining business entirely, repurposing its assets and capital into its growing ET
H strategy.#BinanceAlphaAlert #Ethereum #BitcoinDunyamiz #IsraelIranConflict #BTC110KToday? $BTC $ETH