Bit Digital Purchases $20 Million of Ethereum, Deepening Its Strategic Asset Position

Bit Digital Purchases $20 Million of Ethereum, Deepening Its Strategic Asset Position

/PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a publicly-listed Strategic Asset Company focused on Ethereum strategies,...

Bit Digital expands Ethereum treasury while funding AI infrastructure growth

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Corporate Ethereum Race Heats Up As Bit Digital Buys Additional $20M ETH

Bankless co-founder David Hoffman recently sold the last of his Ethereum holdings, saying the investment case for ETH had largely played out. That exit came the same week Bit Digital went the other direction — dropping $20 million to add more to its already substantial Ethereum stash. A Company Building Around Ethereum Bit Digital acquired 8,568 ETH on May 11 at an average price of $2,334 per token, pushing its total holdings to roughly 158,462 …

Bit Digital Expands ETH Holdings to 158K Ether After $20M Purchase – #CryptoUpdatesGNIT

Bit Digital purchased $20 million worth of Ether earlier this month, increasing its holdings to roughly 158,462 ETH. The Nasdaq-listed company said Thursday it acquired 8,568 ETH (ETH) on May 11 at an average price of $2,334.25 per token. CEO Sam Tabar said the purchase reduced Bit Digital’s average ETH acquisition cost and was part of the company’s strategy to grow net asset value per share through Ethereum accumulation, AI infrastructure and a…

Bit Digital Grows Treasury to 158,462 ETH With New $20M Purchase

Bit Digital purchased 8,568 ETH for $20 million, expanding its ethereum treasury to 158,462 ETH. The company said the move supports its broader strategy across ethereum, AI infrastructure, and strategic acquisitions. Bit Digital Buys $20M in ETH as CEO Backs Ethereum Digital Economy Thesis Bit Digital has added another $20 million worth of ethereum to […]

Bit Digital Adds $20M in Ethereum

Nasdaq-listed Bit Digital has expanded its Ethereum treasury with the purchase of 8,568 ETH worth approximately $20 million. The company acquired the