Crypto Miner Bit Digital Up 26% After Swapping Bitcoin for Ether
Description
Bit Digital shifted its entire treasury to ETH following a $172 million equity raise and the sale of 280 BTC, now holding over 100,000 ETH. The company has committed to an ETH-only staking strategy, driven by challenges in Bitcoin mining post-halving.
Publish date
July 7, 2025
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