Bit Digital Shifts Focus Towards Ethereum and AI Infrastructure in Annual Shareholder Letter

Bit Digital is shifting its focus from bitcoin mining to Ethereum-based infrastructure and AI compute assets. The company sees Ethereum as programmable financial infrastructure with long-term relevance and exited bitcoin mining to align with capital market changes. Bit Digital is transitioning to a strategic asset company model, focused on deploying and operating infrastructure assets rather than passively holding them. The company is also expanding its AI infrastructure exposure through its ownership stake in WhiteFiber.