Bit Digital is shifting its capital focus to Ethereum and artificial intelligence infrastructure, gradually exiting Bitcoin mining. The company stated that this move aims to improve capital efficiency, as the high fixed costs and limited returns of mining conflict with the public market’s demand for growth. Holding over 150,000 Ethereum for staking allows it to earn rewards as a network participant, aligning with investors’ preferences for stable returns and active ecosystem participation. This shift reflects a broader trend among cryptocurrency companies moving from pure price speculation to a business model based on revenue, fees, and services.