Breaking: Crypto Firm Ditches Bitcoin Mining—Goes All-In on Ethereum Staking for 2025 Surge
Another miner capitulates as the Proof-of-Work exodus accelerates. This time, it’s a full pivot to Ethereum’s staking economy—where yields still beat traditional finance’s pathetic 2% bonds.
The great shift: The move signals deeper industry trends—Ethereum’s merge continues paying dividends, while Bitcoin’s energy woes push smaller players out. No more ASIC headaches, just validator nodes minting ETH while Wall Street struggles with its CBDC pipe dreams.
Why it matters: Staking now locks over $80B in ETH. That’s more liquidity than half the Fortune 500’s cash reserves—except here, it actually earns something beyond banker platitudes.
*Cynical finance jab*: Meanwhile, Goldman Sachs still charges clients 2% fees to lose money on ‘diversified’ portfolios.
Nasdaq Firm Makes First Crypto Move With Bittensor Acquisition
This move comes as few crypto firms have embraced Ethereum-centric treasury strategies. Bit Digital’s plan draws comparisons to SharpLink, a previous initiative backed by Consensys founder Joe Lubin, which also focused on ETH as a strategic reserve asset.
To fund this transformation, Bit Digital has launched a new IPO aimed at accelerating its Ethereum acquisition. Additionally, the company will spin off its high-performance computing arm, WhiteFiber Inc., into a separate public offering—further reinforcing its commitment to a focused, Ethereum-first roadmap.
