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Bit Digital Bets Big On ETH Staking As Mining Plans Fade
Benzinga· 2025-11-17 18:46
Bit Digital, Inc. (NASDAQ:BTBT) signaled a decisive shift in its business model after a surge in Ethereum (CRYPTO: ETH/USD) staking rewards fueled stronger third-quarter revenue, underscoring the company’s accelerating pivot away from Bitcoin (CRYPTO: BTC/USD) mining and toward building a large, yield-generating ETH treasury.H.C. Wainwright & Co. analyst Kevin Dede maintains his Buy rating and $7 price forecast on Bit Digital, asserting that the company’s third-quarter 2025 results provide additional suppor ...
Solana Company Buys $20 Million More SOL, Tops 2.3M SOL in Holdings
Yahoo Finance· 2025-10-30 00:29
A publicly traded company that’s all-in on the Solana ecosystem has just bought another 100,000 SOL this month, adding around $20 million to its crypto treasury. That brings its total holdings to over 2.3 million SOL. Alongside the purchase, the company said it expects to earn more than 7 percent on its staked tokens, which is slightly above what the top ten validators are currently pulling in, sitting around 6.7 percent. Pushing the Staking Yield Past Seven Percent Setting a staking yield above seven pe ...