Finance News – Bit Digital
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Bit Digital plunges 15% after $150M public offering, Ethereum pivot
Bit Digital’s recent $150 million equity raise and strategic shift toward Ethereum staking have caused a notable decline in its stock value, reflecting market reactions to the comp...
Read Full Article →Bit Digital falls 15% after Bitcoin departure, raises $150m to buy more Ethereum
Bit Digital's strategic shift from Bitcoin mining to Ethereum staking involved raising $150 million through a public offering, signaling a significant reallocation of its financial...
Read Full Article →The Daily: Metaplanet surpasses Tesla in BTC holdings, Bit Digital gives up on Bitcoin mining for Et...
Metaplanet's increased investment in Bitcoin highlights a strategic shift in cryptocurrency assets, while Bit Digital's move toward Ethereum indicates changing priorities within th...
Read Full Article →Bit Digital falls 4% as it ditches Bitcoin mining for Ethereum
The company’s shift in focus from mining one cryptocurrency to another, combined with plans to raise capital through stock sales, aims to strengthen its asset portfolio and financi...
Read Full Article →Nasdaq-listed Bit Digital to focus exclusively on Ethereum staking after moving away from Bitcoin mi...
Bit Digital is shifting its business strategy by transitioning from bitcoin mining to concentrating on Ethereum staking, aiming to reallocate its cryptocurrency assets to potential...
Read Full Article →Bit Digital Exits BTC Mining to Focus Solely on ETH Staking Strategy
Bit Digital’s decision to divest from bitcoin mining allows the company to reallocate resources and capital toward expanding its Ethereum staking initiatives and strengthening its...
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