bigdigital

🚨 JUST IN: BIT DIGITAL EXITS BITCOIN MINING, PIVOTS TO ETH & AI
Bit Digital (BTBT) announced it will fully wind down its Bitcoin mining operations, shifting focus to Ethereum infrastructure and AI via a strategic stake in WhiteFiber. $BTC
KEY DETAILS:
• Company: Bit Digital (BTBT)
• Exit: Bitcoin mining
• Pivot: Ethereum + AI infrastructure
• Vehicle: Stake in WhiteFiber
• Rationale: Mining has become a less efficient use of capital $ADA
WHY IT MATTERS:
• Signals margin pressure across BTC mining post-halving $ZEC
• Highlights growing capital rotation from PoW mining → AI & ETH infra
• Shows public miners adapting to compute + data center demand
BOTTOM LINE:
The Miner-to-AI Shift Accelerates.
When Capital Efficiency Rules, Hashrate Gives Way To Compute ⚡️📉➡️🤖
#bigdigital #MarketCorrection #WhoIsNextFedChair