Bit Digital (NASDAQ: BTBT) sold its entire Bitcoin holdings (280 BTC, worth ~$28 million) and shifted its treasury to Ethereum, acquiring 100,603 ETH valued at $254.8 million. The move, funded partly by a $172 million public offering, positions the company as one of the largest public ETH holders. CEO Sam Tabar emphasized Ethereum’s long-term potential, [...]The post Bit Digital’s Shift To Ethereum From Bitcoin Is A High-Stake Play appeared first on Tekedia.
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