Bit Digital Acquires Major ETH Stake, Further cementing its Position in Crypto

Bit Digital, a leading player in the digital asset space, announced a significant acquisition of 31,057 Ethereum (ETH) on October 8th, 2025. This move positions the company among the top public ETH holders globally and underscores its commitment to growing its holdings. The $150 million funding injection used for this purchase reinforces Bit Digital’s strategy to expand into the exciting digital currency landscape. The CEO, Sam Tabar, highlighted that this strategic investment is aimed at maximizing shareholder value through carefully chosen acquisitions.