Bit Digital, a Nasdaq-listed crypto company, has sold all its Bitcoin (about 280 BTC) and used the money, plus $172 million raised from a share sale, to buy a huge amount of Ethereum. Now, Bit Digital holds over 100,600 ETH—worth about $254.8 million—and has no Bitcoin left in its treasury. The company’s CEO says they believe Ethereum’s technology, staking rewards, and growing use make it a better investment for the future. After this news, Bit Digital’s stock price jumped over 20%
