#BinanceTurns8 💼 Bit Digital makes a strategic transition to Ethereum

🟢 Bit Digital — a prominent player in the Bitcoin mining sector — is fully transitioning to Ethereum. The company has converted all its treasury capital into Ethereum. This move follows the raising of $172 million through a public share offering and the sale of 280 bitcoins.

🔎 Now, the firm's balance holds more than 100,000 ETH worth approximately $189.2 million. Thus, Bit Digital has become the second public holder of Ethereum, second only to Coinbase.$ETH