**Bit Digital Doubles Down on Ethereum โ A Bold Shift Unfolds ๐๐**
Bit Digital is making a strategic pivotโ*moving out of Bitcoin and into Ethereum*. ๐๐
On **July 8**, they exchanged *280 BTC* (worth around \$172 million) for *100,600 ETH*, and added another *19,683 ETH* on **July 18**, bringing their total ETH holdings to *120,306*. ๐ค
**Whatโs behind the pivot?**
๐ง The firm believes weโre transitioning into โa new era of moneyโ
๐ Growing distrust in fiat currencies, inflationary pressure, and unpredictable interest rates
๐ Ethereum is drawing serious attention from institutions and showing strength in broader markets
Bit Digital now ranks among the *top 10 corporate holders of ETH* ๐
According to their **July 25 SEC filing**, theyโre seeking approval to raise their share limit to *1 billion*, signaling potential for *even larger ETH acquisitions* ๐ฅ
๐ ETH price has surged **51%**
๐ ETH/BTC ratio is up **35%**
๐ U.S. ETH ETFs have attracted *\$7.5โ8 billion* in inflows since **July 2** ๐ฆ
**The signal is loud and clear: major players are backing Ethereum.**
Whatโs your move? ๐๐
\$ETH
3,888.8
+2.8%
\#DELABSBinanceTGE #BNBATH #USEUTradeDeal #Ethereum10Years #CryptoMarketShift