🚀 BitDigital shifts treasury strategy – from BTC to ETH >100K ETH
🔹 Bit Digital (NASDAQ: BTBT) has just completed its treasury asset transition strategy: it sold approximately 280 BTC and used 172 million USD from a stock issuance to purchase additional ETH, increasing its inventory to ~100,603 ETH, nearly ~4 times compared to 24,434 ETH in Q1 2025.
📈 Market reaction: BTBT shares rose over 29% in one day, with trading volume surging after this news.
🧭 Motivations for the transition:
According to CEO Sam Tabar, ETH possesses advantages of smart contracts, staking, and programmability – shaping the future digital financial system.
Bit Digital began building staking and validation infrastructure in 2022, now aiming to become one of the largest holders of ETH in the world.
🔍 General trend:
ETH is attracting institutional capital, with over 11 consecutive weeks of inflows into related funds.
Companies like SharpLink and BitMine are also expanding their ETH reserves – confirming the trend of corporate treasury shifting from BTC to ETH.
🎯 In summary: Bit Digital is a living testament to the “Ethereum treasure” movement – leveraging benefits from staking and DeFi. If you are looking towards the future of ETH, keep an eye on developments from treasury companies gradually shifting from Bitcoin!
