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by: xpoolPosted on: August 20, 2025

Bit Digital Shifts Treasury to Ethereum Amid Growing Crypto Consolidation

Recent crypto market developments show significant shifts in institutional behavior, with Bit Digital’s strategic shift of its treasury holdings from other cryptocurrencies to Ethereum standing out. This move by Bit Digital comes on the heels of CoreWeave’s $9 billion acquisition of Core Scientific, highlighting a broader consolidation trend within the crypto infrastructure.

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