news 
**BTC Digital Ltd. (BTCT) Stock: Dips 2.31% Amid Major Shift from Bitcoin to Ethereum**
In a shocking move, BTC Digital Ltd. (NASDAQ: BTCT), a publicly traded company, has announced its decision to pivot away from Bitcoin and focus on Ethereum instead. The sudden shift in strategy resulted in the company’s stock price plummeting by a staggering 2.31% as of 3:17 PM EDT.
The drastic change comes as part of a broader effort to reposition BTCT as a blockchain-first enterprise, with an operational and financial scalability centered around Ethereum’s extensive ecosystem. The move is expected to significantly impact the company’s mid- and long-term growth trajectory.
As a direct result of this major shift, the company is now focusing on Ethereum-based projects in decentralized finance (DeFi), staking, and real-world asset tokenization. BTCT is also aiming to strengthen its on-chain presence by collaborating with protocol leaders and platforms driving innovation in financial infrastructure.
The company has already secured $6 million in financing and added $1 million in ETH to its reserves, indicating a strong commitment to this new direction. Furthermore, BTCT plans to launch a large-scale staking program aimed at earning predictable rewards from Ethereum’s network, which will be reinvested into expanding its reserve.
This strategic realignment reflects the growing prominence of Ethereum as an investment destination and blockchain-based financial infrastructure provider. The move is likely to set a precedent for other publicly traded companies, potentially shifting the industry’s attention away from Bitcoin.
By abandoning Bitcoin and embracing Ethereum, BTCT aims to create long-term on-chain value through yield optimization. The company believes that this pivot will allow it to transition from being a passive reserve holder to an active value generator.
While investors are currently reeling from the unexpected change in strategy, many are likely looking forward to seeing how this new direction plays out for the company.
Source: coincentral.com
