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.
0.02815
+10.34%
ROSEUSDT
Perp.
0.0129
-3.29%
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