So, Bit Digital raised $150M in a public share offering to dive deep into Ethereum staking and treasury management.

This isn’t a cash grab. It’s a strategic pivot.

The firm is essentially shifting from Bitcoin mining to building one of the largest $ETH reserves and validator operations, converting proceeds (and eventually $BTC holdings) into Ethereum.

That shift redefines the narrative: corporate crypto isn’t just about $BTC anymore.

$ETH is emerging as an institutional treasury asset.

👀👀👀