<ul data-eligibleForWebStory="false"><li>Bit Digital announced a strategic shift from Bitcoin to Ethereum.</li><li>The company's reserve value consisted of 24,434.2 ETH and 417.6 BTC as of March 31.</li><li>After revealing plans to sell Bitcoin mining infrastructure and buy more Ether, Bit Digital's stock dropped about 4%.</li><li>The company aims to become a 'pure play Ethereum staking and treasury company' as it continues purchasing ETH and selling its own stock for more Ether.</li></ul>

Bit Digital Shifts to Ethereum From Bitcoin Amid Strategic Pivot

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