Bit Digital converts treasury to ethereum after $172 million raise

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Bit Digital Shifts Entire Treasury to Ethereum, Becomes One of the Largest ETH Holders Among Public Companies

July 7, 2025 9:00 AM EDT

Following a $172 million public equity raise and conversion of its balance sheet from Bitcoin to Ethereum, Bit Digital has accumulated over 100K ETH to become one of the largest corporate treasury companies in the world led under Ethereum veteran Sam Tabar

NEW YORK, July 7, 2025 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq:... More