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Bit Digital Inc. Continues Expansion of Ethereum Holdings to Approximately 120,000 ETH, Reinforcing Treasury Strategy
Prnewswire· 2025-07-18 20:00
NEW YORK, July 18, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), today announced that it has purchased approximately 19,683 Ethereum ("ETH") using the net proceeds from its recently completed $67.3 million registered direct offering to institutional investors. Following the transaction, Bit Digital holds approximately 120,306 ETH. "With approximately 120,000 ETH, Bit Digital is positioned among the largest institutional Ethereum treasuries in the public markets," s ...