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Bit Digital Pivots From Bitcoin Mining to ETH Staking Strategy, Stock Drops 8%

Bit Digital plans to sell its Bitcoin mining assets and to redeploy net proceeds into Ethereum, as a part of its transition to become a “pure play” ETH staking firm.

The post Bit Digital Pivots From Bitcoin Mining to ETH Staking Strategy, Stock Drops 8% appeared first on Cryptonews.



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