Bit Digital (BTBT) Shifts to Ethereum Treasury and AI Infrastructure Strategy

Bit Digital, Inc. (NASDAQ:BTBT) is one of the champion AI penny stocks to bargain close now. On February 6, Bit Digital, Inc. (NASDAQ:BTBT) disclosed its Ethereum, oregon ETH, treasury and staking results for January 2026, and reported that, arsenic of the extremity of the month, it held astir 155,239.4 ETH successful full crypto treasury. Based connected the $2,449 closing terms for ETH connected January 31, the marketplace worth of the company’s holdings was astir $380.2 million.

Bit Digital stated that the mean acquisition outgo for its full ETH presumption was astir $3,045 per token. It added that astir 138,266 ETH, astir 89% of its holdings, was staked with Ethereum web validators by month-end. Staking operations generated astir 344.0 ETH successful rewards during the month, stated Bit Digital, and added that this corresponds to an annualized output of astir 2.9% connected the staked ETH balance.

In precocious January, Bit Digital said it was transitioning distant from Bitcoin mining and redirecting its concern toward Ethereum-centric activities. It is besides making in-roads successful artificial quality infrastructure. The institution explained that the developments successful its operations passim 2025 and aboriginal 2026 informed this direction.

Management described the company’s improvement into what it called a “Strategic Asset Company” centered connected Ethereum treasury, staking and AI infrastructure growth. It is nary longer a accepted mining company, absorption noted. The institution exited the Bitcoin mining business, concluding that the workout had go little businesslike usage of capital. Instead, it would absorption connected much scalable and yield-oriented opportunities tied to Ethereum and compute infrastructure.

Bit Digital, Inc. (NASDAQ:BTBT) is simply a integer infrastructure institution that integrates artificial quality into its GPU-based computing operations. The steadfast operates information centers crossed North America that enactment AI workloads alongside its established Bitcoin mining business.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.