Bit Digital Acquires $139 Million Worth of Ethereum, Signals Growing Corporate Interest in Crypto

Cryptocurrency mining firm Bit Digital has reportedly made a significant move by purchasing 31,000 ETH worth approximately $139 million. This acquisition could signal growing interest in crypto assets among large corporations and influence the future dynamics of the Ethereum market. While details are still pending official confirmation, analysts believe this purchase may alter DeFi protocols’ liquidity as well as impact market prices.