Bit Digital dumps Bitcoin for Ethereum acquires 100,000 ETH in strategic treasury shift

8-7-2025 – Nasdaq-listed Bit Digital has fully transitioned its treasury from Bitcoin to Ethereum, selling 280 BTC to acquire over 100,000 ETH. The company raised $172 million through a public offering to fund the shift, positioning itself as one of the largest Ethereum-holding public firms. The move reflects Bit Digital’s strategic pivot away from Bitcoin [. source: https://www.cointrackdaily.com/bit-digital-dumps-bitcoin-for-ethereum-acquires-100000-eth-in-strategic-treasury-shift/