Bit Digital Inc (NASDAQ:BTBT) CEO Sam Tabar talked with Proactive about the company’s 2025 results, strategic shift away from Bitcoin mining, and growing focus on Ethereum staking and AI infrastructure.
Proactive: Welcome back inside our Proactive newsroom. Joining me now is Sam Tabar, CEO of Bit Digital. Sam, great to see you again. How are you?
Sam Tabar: How are you? Thank you for having me.
The company has released its 2025 results and March monthly numbers. What stood out to you?
We generated about $115 million in revenue in 2025, up 5% year-on-year. The results reflect a deliberate shift in the business. We are winding down Bitcoin mining and reallocating into higher-return areas. Declines in mining were offset by growth in Ethereum staking and our HPC business.
We ended the year with about 155,000 ETH, most of it staked and generating yield. Staking revenue increased by 300% this year, with nearly half coming in Q4.
We also retain a majority stake in WhiteFiber, which we IPO’d last August, and we have no intention of monetizing that in 2026.
Could Bitcoin mining return as a focus?
No, that decision is effectively irreversible. The economics no longer work. Hash prices are declining, requiring more capital just to maintain output. We chose to redeploy capital into higher-return opportunities.
Today, we are focused on Ethereum assets and AI infrastructure via WhiteFiber.
Can you expand on your Ethereum strategy?
We view Ethereum as programmable financial infrastructure. Staking allows us to earn yield directly from network activity.
We are scaling thoughtfully and maintaining capital discipline. We don’t believe simply issuing equity to buy digital assets is sustainable.
Instead, we aim to build a broader model with cash-generating businesses, creating a flywheel that grows ETH per share over time.
Are you actively pursuing M&A?
Yes, we are reviewing multiple opportunities. Funding in crypto has pulled back, creating attractive valuations. We are disciplined but ready to act if opportunities unlock shareholder value.
Quotes have been lightly edited for style and clarity
