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Bit Digital Expands Ethereum Holdings Beyond 120,000 ETH with Strategic Acquisition

Bit Digital, Inc. (NASDAQ: BTBT) has significantly increased its cryptocurrency portfolio through the acquisition of approximately 19,683 Ethereum (ETH). The purchase utilized $67.3 million in net proceeds generated from recent company transactions.

Following this strategic investment, Bit Digital’s total Ethereum holdings have reached roughly 120,306 ETH. This move amplifies the company’s substantial position in the Ethereum ecosystem amid evolving digital asset markets.

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