Bit Digital Shifts Focus from Bitcoin Mining to Ethereum and AI

TLDR

Bit Digital has decided to exit Bitcoin mining and refocus on Ethereum and AI infrastructure.
Ethereum becomes a core part of Bit Digital’s strategy, with over 150,000 ETH staked for rewards.
AI infrastructure is prioritized through Bit Digital’s majority stake in WhiteFiber, focusing on compute capacity.
WhiteFiber investment is seen as a long-term strategic asset, with no plans to sell shares in 2026.
Bit Digital is transitioning to programmable financial infrastructure and AI-driven compute as key growth areas.

Bit Digital (BTBT) has announced its decision to exit Bitcoin mining and pivot toward Ethereum and AI infrastructure. The company plans to invest in Ethereum through staking and network participation, alongside its stake in WhiteFiber, an AI infrastructure firm.

Bit Digital Strategic Focus on Ethereum as Core Asset

In a statement by CEO Sam Tabar, Bit Digital explained that Ethereum now plays a central role in its strategy. The company had previously recognized Ethereum’s potential in 2022, and by 2025, it became a core focus.

“We view Ethereum not just as a token but as programmable financial infrastructure with long-term relevance,” Tabar stated.

Bit Digital accumulated over 150,000 ETH, the majority of which is staked to generate protocol-native rewards. The move reflects a shift towards more productive infrastructure, focusing on participation and value generation rather than speculation.

Ethereum’s role in Bit Digital’s portfolio centers on its use in payments, compute, and capital markets. By focusing on Ethereum, Bit Digital aims to position itself in a system with growing participation, liquidity, and operational leverage. This change comes after the realization that Bitcoin mining, though effective in the past, no longer aligns with the company’s long-term goals.

Strategic Investment in AI Infrastructure

Alongside Ethereum, Bit Digital has deepened its exposure to AI infrastructure through its majority stake in WhiteFiber. AI-driven compute demand continues to grow, but infrastructure for reliable capacity remains constrained.

“Through WhiteFiber, we are exposed to infrastructure that delivers compute capacity to meet this demand,” Tabar explained. Bit Digital’s stake in WhiteFiber represents a long-term strategy focused on the growing need for AI infrastructure.

Bit Digital has committed to holding its WhiteFiber shares for the long haul, refraining from selling any shares during 2026. Bit Digital sees WhiteFiber as a vital part of its infrastructure portfolio, complementing its exposure to Ethereum. The company views this as an essential component of its evolving business model.