Скачать или смотреть Bit Digital Goes All-In on Ethereum, Dumping 280 BTC to Build

Bitcoin Treasury

ETH

Bit Digital goes all-in on Ethereum, dumping 280 BTC to build 100K+ ETH treasury after $172M capital raise targeting preeminent ETH holding company status

Crypto Journalist

Anas Hassan

Crypto Journalist

Anas Hassan

About Author

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

Author Profile

Share

Copied

Last updated:

1 hour ago

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Nasdaq-listed Bit Digital has completed its transformation into an Ethereum treasury powerhouse, selling 280 BTC and deploying $172 million in fresh capital to accumulate over 100,000 ETH.

Following the close of its underwritten public offering, Bit Digital now controls approximately 100,603 ETH, positioning the company among the largest public Ethereum holders globally, alongside existing institutional players such as SharpLink Gaming.

This strategic shift comes as CEO Sam Tabar doubles down on Ethereum’s long-term potential, describing the network’s programmable nature and staking yield model as foundational to the future of digital assets.

The company has converted all of its BTC holdings into ETH, rather than maintaining a diversified crypto portfolio with a complete exit from its Bitcoin holdings as part of its new treasury approach.

From Mining Struggles to ETH Accumulation Strategy.

Bit Digital’s journey to becoming an Ethereum treasury company began with mounting challenges in its...

https://cryptonews.com/news/bit-digit...

#crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT!

This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.

bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple