Bit Digital Shifts Focus to Ethereum


Cryptocurrency firm Bit Digital, which boasts a valuation of $488 million on Nasdaq, has disclosed a strategic pivot to abandon Bitcoin mining in favor of Ethereum operations. Facilitated by the infrastructure it has been establishing since 2022, the firm has accumulated 24,434 ETH, now valued at $44.6 million.

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Source: https://en.bitcoinhaber.net/bit-digital-shifts-focus-to-ethereum