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$67M For More ETH: Bit Digital Expands Its Ethereum Treasury Beyond 120,000 Coins
NEW YORK, UNITED STATES, JUL 18 – Bit Digital acquired nearly 20,000 Ethereum with $67.3 million from institutional investors, holding over 120,000 ETH to support staking and network security, CEO said.
- On July 18, 2025, Bit Digital acquired roughly 19,683 Ethereum tokens, funding the purchase with capital raised through a recent $67.3 million direct placement aimed at institutional investors.
- This purchase continues Bit Digital's strategy, initiated in 2022, to significantly expand its Ethereum holdings and transition its treasury focus away from Bitcoin toward a predominantly Ethereum-based portfolio.
- Bit Digital now holds about 120,306 ETH, actively stakes most of these assets via validator operations, and views Ethereum as foundational to future digital finance.
- CEO Sam Tabar noted that Bit Digital holds close to 120,000 ETH, making it one of the most significant institutional holders of Ethereum in public markets, and highlighted Ethereum's programmability and staking incentives as key factors driving future growth.
- Bit Digital's expansion suggests growing institutional commitment to Ethereum amid rising adoption, increased real-world use, and a long-term vision of ETH as a core digital financial infrastructure.
18 Articles
18 Articles
Bit Digital Inc. Continues Expansion of Ethereum Holdings to Approximately 120,000 ETH, Reinforcing Treasury Strategy
NEW YORK, July 18, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), today announced that it has purchased approximately 19,683 Ethereum ("ETH") using the net proceeds from its recently completed $67.3 million registered direct offering…
$67M For More ETH: Bit Digital Expands Its Ethereum Treasury Beyond 120,000 Coins
Bit Digital Inc. (NASDAQ:BTBT) has announced the purchase of 19,683 Ethereum (CRYPTO: ETH), bringing its total Ethereum holdings to approximately 120,306 ETH. What Happened: The acquisition was funded through proceeds from a recently completed $67.3 million registered direct offering to institutional investors, reinforcing Bit Digital's position as one of the largest institutional holders of Ethereum among public companies. “With approximately 1…
Bit Digital Boosts Ethereum Treasury to Over 120,000 ETH – Crypto News Bitcoin News
Bit Digital has expanded its ethereum holdings to over 120,000 ETH, converting recent capital into a long-term bet on ethereum’s role in the evolving digital economy. Bit Digital Converts $67.3 Million Raise Into Strategic Ethereum Play With Addition of 19,683 ETH Bit Digital, Inc. (Nasdaq: BTBT) has added 19,683 ETH to its balance sheet, using […]
Bit Digital Invests $67.3 Million in Ethereum Purchase
The post Bit Digital Invests $67.3 Million in Ethereum Purchase appeared on BitcoinEthereumNews.com. Key Points: Bit Digital executes $67.3 million Ethereum purchase, enhancing crypto holdings. Total Ethereum holdings reach approximately 120,306 coins. Institutional investors drive this strategic market action. Bit Digital Expands Ethereum Portfolio with $67.3 Million Investment Bit Digital, Inc. (NASDAQ: BTBT) has invested $67.3 million in Ethe…
Bitcoinist
Massive Ethereum Accumulation: Bit Digital Crosses 120,000 ETH With Latest Buy
Ethereum (ETH) adoption among public corporations is gaining momentum in 2025. In the latest development, Nasdaq-listed digital asset firm Bit Digital has announced a substantial purchase of 19,683 ETH, bringing its total Ethereum holdings to more than 120,000 ETH. Bit Digital Increases Ethereum Holdings With Fresh Purchase Bit Digital announced earlier today that it had acquired 19,683 ETH using the net proceeds from its recently concluded $67.…
With its latest investment move, Bit Digital further strengthened its institutional ETH strategy by increasing its Ethereum (ETH) reserves to approximately 120,306 units. Nasdaq-listed Bit Digital, with its latest direct sales revenue of $67.3 million… Major Company Exceeds 120,000 Ethereum Investments…
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