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Bit Digital (BTBT) Moving Away from Bitcoin Mining, Focusing on AI, Ethereum
Yahoo Finance· 2026-02-06 16:02
Bit Digital Inc (NASDAQ:BTBT) is one of the best stocks under $3 to invest in. On January 29, Bit Digital Inc. (NASDAQ:BTBT) announced it will discontinue its Bitcoin mining operations and focus instead on artificial intelligence (AI) computing and Ethereum infrastructure. The company now believes that Bitcoin mining “became a less efficient use of capital relative to opportunities that allow for active participation, yield generation, and operational leverage,” as opined by Bit Digital Inc. (NASDAQ:BTBT) ...