Catenaa, Thursday, July 03, 2025- Crypto infrastructure strategy is splitting sharply as Tether charges deeper into Bitcoin mining while Bit Digital exits entirely, betting instead on Ethereum staking as its new core business.
Tether declared the company will become the world’s largest Bitcoin miner by year’s end, underscoring the firm’s broader goal of securing its vast crypto treasury.
Tether, with more than 100,000 BTC on its balance sheet, is ramping up investment in global mining operations, having poured over $2 billion since 2023 into renewable energy and mining infrastructure across Latin America.
Tether said the shift is less about profitability and more about safeguarding the network Tether is so heavily exposed to.
While Tether races to build physical mining muscle, US-listed Bit Digital is going the opposite route.
The company announced it will divest its Bitcoin holdings and reorient itself as a pure-play Ethereum staking and treasury entity. Bit Digital intends to fund this pivot through a public offering and new ETH purchases, leaning on its institutional-grade staking infrastructure.
