Bit Digital Doubles Down on Ethereum, Acquires 31,000 ETH in Strategic Move

Leading crypto investment firm Bit Digital has significantly increased its stake in Ethereum, acquiring over 31,000 ETH in October. This strategic purchase brings the company’s total holdings to 153,547 ETH, representing an approximate $590.5 million value as of October 31, 2025. Bit Digital is prioritizing Ethereum for its core role in digital infrastructure, reflecting a substantial shift from their traditional Bitcoin mining activities.