<ul data-eligibleForWebStory="true"><li>Bit Digital, a Nasdaq-listed firm, is transitioning from Bitcoin to Ethereum, focusing on ETH staking.</li><li>The company plans to convert its remaining BTC holdings into ETH to align with its Ethereum-based yield generation commitment.</li><li>Bit Digital is selling or winding down its Bitcoin mining assets to fund the transition into an Ethereum-centric operation.</li><li>The shift aims to maximize yield and capital efficiency, reflecting the growing institutional interest in Ethereum staking.</li></ul>

Bit Digital Shifts Focus to Ethereum, Exits Bitcoin Mining for ETH Staking Strategy

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