币界网报道:Bit Digital, a Nasdaq-listed Bitcoin mining company, has sparked investor concerns after announcing plans to sell its BTC holdings and shift towards Ethereum. The firm revealed it raised $150 million through a private placement of convertible notes, with proceeds earmarked for acquiring ETH and expanding its mining operations. This strategic pivot comes as Bit Digital reported holding approximately 712.25 BTC worth around $30 million as of December 2023, which it now intends to liquidate at current prices near $42,000 per BTC. The company's shares (BTBT) dropped nearly 10% following the announcement, reflecting market apprehension about the move. Bit Digital's CEO Sam Tabar defended the decision, stating the ETH treasury strategy aligns with their vision of becoming a "leading digital asset mining company with diversified revenue streams." The firm plans to use the ETH for staking and to support its growing mining infrastructure, which currently operates at 2.5 EH/s for Bitcoin and plans to expand its Ethereum mining capacity. This transition marks a significant shift for a company that previously focused exclusively on Bitcoin mining, joining other public miners like Marathon Digital in exploring alternative crypto strategies amid changing market conditions.