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Bit Digital plunges 15% after $150M public offering, Ethereum pivot

Bit Digital’s stock plummeted after announcing a $150 million share sale and a full transition from Bitcoin mining to Ethereum staking.

Jun 27, 2025 - 10:29
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Bit Digital plunges 15% after $150M public offering, Ethereum pivot

Bit Digital plunges 15% after $150M public offering, Ethereum pivot

Bit Digital’s stock plummeted after announcing a $150 million share sale and a full transition from Bitcoin mining to Ethereum staking.

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