Nasdaq-listed BTC Digital has finalized a $6 million funding agreement to acquire Ethereum (ETH), marking a strategic expansion of its cryptocurrency portfolio.
The funding arrangement remains subject to standard regulatory approvals and closing requirements. Upon completion, BTC Digital will deploy the proceeds alongside existing cash reserves to purchase ETH.
This acquisition forms part of the company’s broader initiative to diversify and strengthen its cryptocurrency holdings beyond current assets. The move signals BTC Digital’s commitment to enhancing its position within the digital asset ecosystem through targeted treasury expansion.