NASDAQ-listed company Bit Digital $BTBT today announced the completion of its transition to an $ETH reserve. The company raised approximately $172 million to purchase Ethereum. It also sold 280 $BTC to buy more ETH.

As of March 31, 2025, BTBT holds 24,434 ETH. After this purchase, BTBT holds a total of 100,603 ETH and is prepared to continue increasing its holdings.

Following the announcement, BTBT rose over 30% today.