
Relly | 典狱长|Jun 25, 2025 23:22
BTBT, a mining stock in the US stock market, is quite peculiar as it has been selling BTC to buy ETH. Today, the company announced that it will sell BTC and its BTC mining business, fully shifting towards ETH. At the same time, BTBT's subsidiary @ WhiteFiber_ has submitted an IPO application to the SEC. WhiteFiber is a data center business module, HPC, and AI cloud that was spun off from BTBT. In fact, many mining stocks have done this. This is also a last resort, as the market has priced Bitcoin mining business too low, making it difficult for almost all mining stocks.
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