source: prnewswire.com

Unitronix Corp Adopts Bitcoin as Core Treasury Asset

Blockchain-focused firm Unitronix Corp. (OTC: UTRX) has officially adopted Bitcoin as a core component of its treasury strategy, announcing plans to allocate up to $2 million in BTC. The move represents a key part of the company’s broader shift...

Most DAOs Are Doomed to Fail—Here’s Why

Most DAOs Are Doomed to Fail—Here’s Why

The idea of Decentralized Autonomous Organizations (DAOs) sounds like a utopian tech vision—self-governing communities free from centralized control, where decisions are made transparently and democratically. It’s a compelling concept, but the reality has proven more complex. DAOs got off...

source: bit-digital.com

Bit Digital Dumps Bitcoin for Ether, Shares Slide Nearly 4%

Shares of Bit Digital (NASDAQ: BTBT) dropped by 3.69% on Wednesday, June 25, after the crypto mining company revealed plans to exit Bitcoin mining entirely, shifting its focus to Ethereum staking and treasury operations. The company disclosed it would...

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