ethereum staking

Bit Digital Dumps Bitcoin: Is Ethereum Staking the Future?

Bit Digital Dumps Bitcoin: Is Ethereum Staking the Future?

Bit Digital (BTBT), a company previously known for its Bitcoin mining business, is taking a big step in another direction. Well, for one thing, it’s pivoting away from Bitcoin—and staking—that’s right, digital assets are diving headfirst into the world of Ethereum staking. This latest decision raises concerns around the long...

Bit Digital Announces Strategic Shift, Pivoting Entirely to Ethereum Staking

Bit Digital Announces Strategic Shift, Pivoting Entirely to Ethereum Staking

Bit Digital (NASDAQ BTBT) has revealed its new strategic direction, transitioning into a pure-play Ethereum (ETH) staking and treasury management firm. The firm now aims to exchange its current Bitcoin (BTC) inventories into Ethereum (ETH). It will discuss its strategic alternatives for its Bitcoin mining business. These options even go...