{"id":58935,"date":"2025-11-17T19:01:39","date_gmt":"2025-11-17T19:01:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=58935"},"modified":"2025-11-17T19:01:39","modified_gmt":"2025-11-17T19:01:39","slug":"bit-digital-bets-big-on-eth-staking-as-mining-plans-fade","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=58935","title":{"rendered":"Bit Digital Bets Big On ETH Staking As Mining Plans Fade"},"content":{"rendered":"<div>\n<p><strong>Bit Digital, Inc<\/strong>. <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/quote\/BTBT\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.benzinga.com\/quote\/BTBT\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"BTBT\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/BTBT\">BTBT<\/a>) signaled a decisive shift in its business model after a surge in <strong>Ethereum<\/strong> <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/quote\/ETH-USD\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.benzinga.com\/quote\/ETH-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"ETH\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: ETH\/USD)<\/a> staking rewards fueled stronger third-quarter revenue, underscoring the company\u2019s accelerating pivot away from <strong>Bitcoin<\/strong> <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: BTC\/USD)<\/a> mining and toward building a large, yield-generating ETH treasury.<\/p>\n<p><strong>H.C. Wainwright &amp; Co.<\/strong> analyst <strong>Kevin Dede<\/strong> maintains his Buy <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/quote\/BTBT\/analyst-ratings\" rel=\"noreferrer noopener\">rating<\/a> and $7 price forecast on Bit Digital, asserting that the company\u2019s third-quarter 2025 results provide additional support for his positive long-term view of the business.<\/p>\n<p>Dede highlights that Bit Digital\u2019s ~70% stake in <strong>WhiteFiber Inc.<\/strong> <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/quote\/WYFI\" rel=\"noreferrer noopener\"><\/a><a href=\"https:\/\/www.benzinga.com\/quote\/WYFI\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"WYFI\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/WYFI\">WYFI<\/a>) continued to boost consolidated performance, with <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/markets\/earnings\/25\/11\/48866531\/bit-digital-stock-slides-as-crypto-markets-unravel\" rel=\"noreferrer noopener\">revenue<\/a> &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/analyst-stock-ratings\/analyst-color\/25\/11\/48906816\/bit-digital-bets-big-on-eth-staking-as-mining-plans-fade?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Bit\" digital bets big on eth staking as mining plans fade>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019s accelerating pivot away from Bitcoin (CRYPTO: BTC\/USD) mining and toward building a large, yield-generating ETH treasury. H.C. Wainwright &amp; Co. analyst Kevin Dede maintains his Buy rating [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-58935","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/58935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58935"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/58935\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}