Shares in Bit Digital fell by nearly 4% on Wednesday after the crypto mining firm announced it would wind down or sell its Bitcoin mining infrastructure and use the proceeds to buy more Ether.

Canaan Inc. (NASDAQ:CAN) is a holding company that develops and sells Bitcoin mining machines and related services. It ...

Bit Digital, a global platform for high-performance computing (HPC) infrastructure and digital asset mining company, has announced plans to raise up to $500 million through an at-the-market (ATM) ...

The company began building its ether position and Ethereum staking infrastructure in 2022. As of March 31, Bit Digital held 24,434.2 ETH, valued at $44.6 million, and 417.6 BTC worth $34.5 million. It ...

Nasdaq-listed Bit Digital has completed a $163 million equity raise specifically to purchase Ethereum, marking a dramatic pivot from Bitcoin mining to ETH treasury accumulation as the company seeks to ...