The Nasdaq-listed outfit (ticker BTBT) said it liquidated roughly 280 BTC — currently worth over $30 million — and used the proceeds, along with $173 million in gross proceeds from its share offering, to purchase more ETH.
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Bit Digital swaps entire treasury into Ethereum, says it's now a top public ETH holder after a $173 million splurge
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Bit Digital reallocated its entire corporate treasury from Bitcoin to Ethereum, acquiring over 100,000 ETH using proceeds from a $172 million equity raise and Bitcoin sales
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