Gate News Report, March 9th: U.S. stocks opened lower, with the Dow down 1%, the S&P 500 down 0.87%, and the Nasdaq down 0.86%. Cryptocurrency-related stocks showed mixed performance, with Circle up 8.57%, Bit Digital down 0.62%, Robinhood down 0.66%, Hut 8 down 4.48%, and a certain CEX up 1.66%.

Gate News Report, March 6 — The fifth-largest Ethereum treasury company, Bit Digital (BTBT), released an holdings update. As of February 28, 2026, the company's Ethereum holdings increased to 155,434.4 ETH, valued at approximately $305.4 million, with an average purchase price of $3,045. By the end of February, BTBT had staked a total of 138,269.6 ETH, accounting for about 89% of its total holdings, generating approximately 313.9 ETH in staking rewards.

ChainCatcher News, according to PRNewswire, the Nasdaq-listed Ethereum treasury company Bit Digital released a holdings update report. As of today, the company's Ethereum holdings have increased to 155,434.4 ETH, valued at approximately $305.4 million, with an average purchase price of $3,045. Additionally, the company disclosed that as of today, a total of 138,2696 ETH have been staked, accounting for about 89% of its total holdings, generating approximately 313.9 ETH in staking rewards.

Bit Digital CEO Sam Tabar stated that recent Ethereum market conditions resemble a "value reset," with market leverage rapidly re-evaluating after a significant increase, leading to increased volatility. Currently, the price remains stable in the $1800 to $2100 range, with fundamentals unchanged. This event demonstrates how leverage can distort the market, but Ethereum's long-term value remains solid.

Brevis upgrades its Pico Prism zkVM, achieving over 99% real-time proof capability for Ethereum blocks using only 2 machines and 16 RTX 5090 GPUs, with an average proof time of 6.91 seconds and hardware costs reduced to approximately $100,000. This performance leap is due to the newly designed dual-machine collaborative architecture, with the Ethereum Foundation shifting focus toward the realization of 128-bit provable security.

Bitcoin mining company Bit Origin announces it has received a Nasdaq notification letter, confirming that it has once again met the minimum stock price requirement, with a closing price above $1.00 for 14 consecutive trading days, restoring its compliance status.

PANews February 7 News: According to prnewswire, Nasdaq-listed Ethereum treasury company Bit Digital released a holdings update report. As of January 31, 2026, the company held 155,239.4 ETH, valued at approximately $380.2 million, with an average purchase price of $3,045. Additionally, the company disclosed that as of the end of January, it had staked a total of 138,266 ETH, earning approximately 344 ETH in staking rewards.

Odaily Planet Daily reports that Bit Digital, a Nasdaq-listed Ethereum treasury company, has released a holdings update. As of January 31, 2026, the company holds 155,239.4 ETH, valued at approximately $380.2 million, with an average purchase price of $3,045. Additionally, the company disclosed that by the end of January, it had staked a total of 138,266 ETH, earning approximately 344 ETH in staking rewards. (PRNewswire)

On January 30th, Bit Digital announced a historic strategic adjustment, officially exiting the Bitcoin mining business and reallocating core resources toward Ethereum staking and artificial intelligence infrastructure development. The company stated that this move is not a short-term risk avoidance but a long-term choice based on industry structural changes and a reassessment of capital efficiency. As energy costs continue to rise, computational difficulty increases, and equipment depreciation accelerates, the profit elasticity of traditional mining models has been shrinking, making it difficult to meet the company's requirements for sustainable returns. Bit Digital management pointed out that Bitcoin mining is highly sensitive to electricity prices and hardware cycle durations, with limited flexibility in asset reallocation, which restricts the company's ability to respond during market volatility. In contrast, Ethereum staking does not rely on energy-intensive equipment and can generate stable income with lower operational friction, while maintaining participation in the growth of the blockchain ecosystem. As DeFi, tokenized assets, and enterprise-level applications continue to expand, the network utility of Ethereum provides the company with a more promising cash flow structure.

In Week 5 of 2026, the average total network hash rate of Bitcoin dropped to 835 EH/s, with an average price of $88,735. Bit Digital will exit Bitcoin mining and focus on Ethereum and AI infrastructure; extreme weather may lead to a significant decline in hash rate. Cango mined 115.4 BTC last week.