#BitDigital转型 According to the latest industry trends, Bit Digital (NASDAQ: BTBT) has completed its strategic transformation from a Bitcoin mining company to an Ethereum staking service provider, with key actions:

1. Liquidate Bitcoin reserves and convert all funds to Ethereum;

2. Accumulate over 100,000 ETH (approximately 24,434 as of July 2025, with further acceleration through $172 million in fundraising);

3. Gradually shut down Bitcoin mining operations and redeploy capital to the ETH ecosystem.

Reasons for transformation:

The stable yield model of Ethereum staking is superior to the energy consumption and volatility risks of Bitcoin mining;

Supported by capital figures such as Joseph Lubin, the founder of Consensys, promoting ETH as a core asset on the balance sheet.

Industry impact:

Together with US companies like SharpLink and Bitmine, it forms the "ETH Microstrategy Camp", reshaping the paradigm of crypto asset allocation.