Techub News reported that Bit Digital, a U.S.-listed Ethereum treasury company, announced that it will completely end its Bitcoin mining business to further focus on the Ethereum ecosystem and high-performance computing infrastructure. In a letter to shareholders, the company's CEO explained that mining has become a less capital-efficient strategy than the opportunity to generate active income and operational leverage. The company has integrated its digital asset exposure to Ethereum and is focusing on AI infrastructure through its holding WhiteFiber subsidiary. \n\n \n\nBit Digital has been in Bitcoin mining since 2020 and first hinted at exiting mining in June 2025, since then gradually selling assets and terminating custody contracts.
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Techub News reported that Bit Digital, a U.S.-listed Ethereum treasury company, announced that it will completely end its Bitcoin mining business to further focus on the Ethereum ecosystem and high-performance computing infrastructure. In a letter to shareholders, the company's CEO explained that mining has become a less capital-efficient strategy than the opportunity to generate active income and operational leverage. The company has integrated its digital asset exposure to Ethereum and is focusing on AI infrastructure through its holding WhiteFiber subsidiary. \n\n \n\nBit Digital has been in Bitcoin mining since 2020 and first hinted at exiting mining in June 2025, since then gradually selling assets and terminating custody contracts.