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From Rigs to Treasuries: The Pivot
Hero Portfolio
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Even Michael Saylor thinks Bitcoin mining is tough. According to Tabar, Saylor once told him:
“Stop mining. Just buy Bitcoin and hold.”Bit Digital took that advice — but went ETH instead. Today:
They’ve shut down mining operations.
Rebuilt as an Ethereum treasury company.
Hold 120,300 ETH (~$500M), the 4th largest Ether treasury worldwide.
Tabar’s reasoning?
No halving risk.
No expensive machines.
No energy hunt.
Mining may die as a business — but crypto treasuries are the new play.
