币界网报道：Bit Digital (BTBT), a Nasdaq-listed mining and staking firm, is pivoting to focus exclusively on Ethereum staking and treasury operations while winding down its Bitcoin mining business. The company plans to gradually convert its 417.6 BTC holdings ($34.5M) into ETH, adding to its existing 24,434.2 ETH ($44.6M) treasury. Bit Digital, which began ETH staking in 2022, claims to operate one of the largest institutional Ethereum staking infrastructures globally, offering validator services, institutional custody, yield solutions, and governance guidance. To accelerate its ETH accumulation, the firm announced a public share offering and plans to spin off its HPC subsidiary WhiteFiber Inc. through a separate public offering. BTBT shares fell 3.7% in regular trading and dropped an additional 6% after hours, with the company currently valued at $488 million. This strategic shift aligns with growing institutional interest in crypto treasury strategies, though Ethereum-focused treasury plays remain rare compared to Bitcoin-focused ones.