Bit Digital swaps entire treasury into Ethereum, says it's now a top public ETH holder after a $173 million splurge


Description

Bit Digital, a Nasdaq-listed crypto-mining and staking firm, sold its bitcoin holdings and used $173 million from a share sale to amass over 100,000 ETH, aiming to become the largest public Ethereum holder, driven by staking yields and tokenization opportunities.

Publish date

July 7, 2025