NASDAQ-listed company BTC Digital (BTCT) announced a full embrace of Ethereum (ETH) as its core asset and operational foundation, and announced that it has purchased $1 million worth of ETH. The company plans to convert all existing and future holdings of Bitcoin (BTC) into ETH, in order to build a long-term efficient on-chain asset pool to achieve medium to long-term growth around the Ethereum ecosystem. Its goal is to achieve tens of millions of dollars in ETH reserves and launch a comprehensive ETH staking program by the end of the year.
