BTC Digital Ltd. Announces Launch of Ethereum (ETH) Staking Services

Core Viewpoint - BTC Digital Ltd. has launched Ethereum (ETH) staking services, marking a significant expansion beyond its Bitcoin mining operations and aiming to diversify income sources through participation in Ethereum's validator rewards program [1][2]. Group 1: Company Expansion - The launch of ETH staking services represents a major milestone for BTC Digital, expanding its operations in the cryptocurrency landscape [2]. - The collaboration with Matrixport Technologies Ltd. provides secure asset custody for clients, enhancing the reliability of ETH staking services [1]. Group 2: Strategic Objectives - BTC Digital aims to create additional revenue streams through diversification into Ethereum staking while maintaining its commitment to Bitcoin mining [1][2]. - The company believes that Bitcoin mining and ETH staking are complementary business areas that will enhance overall profitability and returns [2]. Group 3: Financial Goals - By participating in Ethereum's validator rewards program, BTC Digital hopes to increase its overall profitability and return on investment [1].