BitMine Transforms: From Hardware-Centric Mining to Long-Term Ethereum Strategy

BitMine is transitioning from a hardware-focused mining model to a long-term asset strategy aligned with the evolving landscape of Ethereum. The company’s dual identity reflects this shift, maintaining its immersion cooling infrastructure while exploring treasury models based on supply, staking, and network participation. This move mirrors a broader industry trend as crypto moves away from a purely mining-driven era towards an emphasis on assets, incentives, and on-chain roles.