Bit Digital Swaps Entire Treasury Into Ethereum, Says It's Now a Top Public ETH Holder After a $173 Million Splurge

Bit Digital swaps entire treasury into Ethereum, says it's now a top public ETH holder after a $173 million splurge

Bit Digital jumps as it completes transition to ethereum treasury

The company now holds over 100,000 ethereum, worth more than $250 million....

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Bit Digital drops Bitcoin to join the Ethereum treasury bandwagon

Ethereum treasury has got a new mega-bullish and former pro-Bitcoin firm Bit Digital. The firm rotated its 280 BTC holdings to embrace...

Bit Digital Converts Entire 280 BTC Reserve To $172M Worth Of Ethereum - Data Intelligence

Bit Digital sold 280 Bitcoin (BTC) from its treasury and used the proceeds to purchase Ethereum (ETH), marking the completion of a three-month transition to an Ethereum-only treasury strategy. According to a July 7 announcement, the New York-based miner also closed an underwritten share sale that raised approximately $172 million in gross proceeds, as stated in the company’s announcement.  Management deployed the net cash to acquire additional E…

Bit Digital dumps 280 Bitcoin, amasses over 100K ETH

Bit Digital has officially pivoted to a fully Ethereum-based treasury strategy, dumping its remaining Bitcoin holdings in favor of the world’s second-largest cryptocurrency. According to a press release on July 7, the Nasdaq-listed company has sold about 280 Bitcoin (BTC)…