Liliya Filakhtova
Bit Digital (NASDAQ:BTBT) said Thursday it has begun ethereum (ETH-USD) staking operations as it expands beyond its core bitcoin mining operation.
Shares of the company, which ended 8.3% higher on Thursday, climbed 9.6% after the bell.
The cryptocurrency miner will stake its ETH holdings to an ethereum validator node to secure the blockchain. Stakers will be compensated with the native network token.
Bit Digital (BTBT) expects to derive revenue from the ethereum…
Source link
