Mining is no longer the only way out for mining companies, as Bit Digital ($BTBT) has demonstrated with a quarterly profit of $14.9 million.
Their successful transformation from a pure miner to a diversified digital asset player may point the way to a new direction for the entire industry.
This raises a key question: How should you evaluate the value of a mining company today? Should you look at how many coins it has mined, or how many new businesses it has ventured into?
Share your valuation model in the comments section.
