Ethereum Treasury Soars; Bit Digital Holds 120,000 ETH

Ethereum Treasury Soars; Bit Digital Holds 120,000 ETH

Bit Digital’s Strategic Bet on Ethereum’s Future Bit Digital, Inc. (Nasdaq: BTBT) has significantly expanded its Ethereum holdings, now boasting an impressive treasury of over 120,000 ETH. This strategic move follows a successful $67.3 million registered direct offering to institutional investors, with the proceeds being converted into a substantial long-term bet on Ethereum’s pivotal role…

Ethereum Price Surges as Public Companies Expand ETH Treasuries

Ethereum Price Surges as Public Companies Expand ETH Treasuries

Ethereum Price Climbs to February Levels Ethereum’s price soared to $3,155, marking a 5.9% rise in 24 hours and over 20% in the past week. The surge reflects growing momentum in corporate ETH adoption, with short sellers losing $85.4 million due to the rally. The rise has reignited discussions on Ethereum’s long-term positioning in institutional…