Well, Bit Digital recently pulled an impressive stunt. They’re moving away from bitcoin mining to be a pure-play ethereum staking and treasury services firm. Look closer, and you’ll see it’s a strategic bet that could reshape the crypto landscape in a big way. As someone who’s been closely observing these...
For anyone attached to the cryptocurrency matrix, the company name Bit Digital (BTBT) should sound familiar. Well, that’s all about to change in a big way. The New York-based firm has been winding down its Bitcoin mining business. Rather, it’s doubling down on Ethereum staking and decentralized treasury management. It’s...
What’s more, I wanted to shield the memory of Sarah—a close friend from my undergrad days. Back in 2021, fueled by Twitter hype and the allure of "easy money," she sunk a significant chunk of her savings into Bitcoin. The joy you felt at every uptick in the numbers was...
Bit Digital, Inc. recently unveiled a strategy pivoting towards Ethereum treasury management and staking operations. As of the latest filing on March 31, 2025, the company owned 24,434.2 ETH, valued at approximately $44.6 million. On top of that, it held 417.6 BTC, worth roughly $34.5 million. This latest move further...
Bit Digital is betting the farm. Ditching Bitcoin for Ethereum staking? It's bold, I'll give them that. But is it brilliant or borderline insane? Let's unpack this. Think of it like this: it's like a seasoned chef suddenly deciding to only bake soufflés. Risky, right?All Eggs, One Very Volatile Basket?The...
Bit Digital (NASDAQ BTBT) has some big ideas. The publicly listed digital asset company is getting out of the business of custodying cryptoassets and moving into pure Ethereum (ETH) staking operations and treasury management businesses. The company is actively converting its Bitcoin (BTC) holdings into ETH. In addition to making...
Bit Digital, previously known for its Bitcoin mining business, is taking a daring leap. This cannot-miss action is sending shockwaves across the crypto universe. In fact, the company has completely reversed its pivot towards Bitcoin mining, instead deciding to focus on Ethereum staking and treasury management. This shift raises some...
