BTC Digital has announced a strategic pivot from Bitcoin to Ethereum, divesting its Bitcoin holdings to increase exposure to the Ethereum ecosystem while securing $6 million in new funding. The completed financing round will support the company’s transition toward Ethereum-based applications and infrastructure.
This realignment responds to accelerating industry trends favoring Ethereum’s diverse utility, particularly in decentralized finance (DeFi) protocols and non-fungible token (NFT) ecosystems. The repositioning aims to leverage Ethereum’s expanding capabilities and growing market adoption for blockchain innovations.