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by: xpoolPosted on: October 8, 2025

Bit Digital Acquires $422 Million Worth of Ethereum to Boost Treasury

Cryptocurrency company Bit Digital made a significant move in the cryptocurrency market by purchasing an additional 31,057 Ethereum for a total value of $422.7 million. This purchase comes after the firm completed a $150 million convertible notes offering which helped fund this investment. The move is part of a larger trend among crypto firms to invest heavily in Ethereum as a strategic asset.

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  3. Cryptocurrency Markets Witness Unexpected Shifts: A Look at Bitcoin, DOGE, ETH & ENA
  4. Cryptocurrency Market Shifts: Bitcoin, Avalanche, and Dogecoin Take Center Stage
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