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...
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...
