Cryptocurrency trading platform Bit Digital has recently sparked controversy with an unconfirmed claim of a significant increase in its Ethereum (ETH) holdings. The company reportedly increased its ETH […]
Bit Digital Acquires $150 Million in Ethereum via Convertible Notes, Expanding Institutional Holdings
Ethereum-focused treasury company Bit Digital has acquired $150 million worth of Ethereum through a convertible notes offering. The firm purchased approximately 31,057 ETH using the raised capital, boosting […]
Bit Digital Shifts Focus to Ethereum, Sees Revenue Drop in Q2
Bit Digital has made a major strategic shift in its business model by focusing its efforts on Ethereum staking and treasury operations. This transition, which was initiated during […]
Bit Digital Acquires $53 Million Facility Amidst AI & HPC Expansion
Bitcoin mining company Bit Digital has made a significant investment, purchasing a new industrial building in Madison, North Carolina, for $53.2 million. This acquisition aligns with the company’s […]