Bit Digital ($BTBT) announced it will fully wind down Bitcoin mining operations as it pivots toward Ethereum and AI infrastructure via a stake in WhiteFiber.
“Mining was effective in an earlier strategy, but over time it became a less efficient use of capital,” the company stated.
This move reflects a broader trend: companies are shifting from high-cost PoW mining to more scalable and high-growth blockchain & AI projects.
Altcoins / tokens to watch with this shift:
🔥 $SENT
👀 $ROSE
SENTUSDT
Perp
0.03877
+6.30%
ROSEUSDT
Perp
0.01912
-8.64%
#BitDigital #BTC #ETH #Aİ #BlockchainPivot #CryptoNews #BinanceSquare