BTC Digital ditches Bitcoin for Ethereum in ‘transformative’ shift
5 Articles
5 Articles
BTC Digital Abandons Bitcoin, Embraces Ethereum Post $6M Funding
After closing a $6 million funding round, blockchain technology and mining firm BTC Digital shifted its strategy to focus only on Ethereum. The Nasdaq-listed company, which goes by the ticker symbol BTCT, made an announcement on Thursday about a “transformative, strategic shift” to embrace Ether exclusively as its backbone. The firm has announced the addition of a fresh $1 million Ether position and plans to convert all Bitcoin holdings into ETH…
Nasdaq-listed miner BTC Digital to swap Bitcoin for Ethereum in treasury overhaul
BTC Digital, a U.S.-based Bitcoin mining firm listed on Nasdaq, has announced a complete overhaul of its treasury strategy by converting all current and future Bitcoin holdings into Ethereum. According to a recent announcement, the company views Ethereum not only…
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