Bit Digital soars 30% after moving entire treasury to Ethereum, becomes top public ETH holder
Main Idea
A company raised $172 million in public equity and converted its balance sheet from Bitcoin, indicating a significant financial restructuring.
Key Points
1. The company conducted a public equity raise totaling $172 million.
2. The balance sheet was converted from Bitcoin to another form, suggesting a strategic financial shift.
Description
More on Bit Digital Bit Digital Makes A Massive Bet On Ethereum Bit Digital: The Bitcoin Exit Is Real Bit Digital, Inc. (BTBT) Q1 2025 Earnings Call Transcript Hut 8 leads bitcoin mining stocks higher after securing energy supply deal Bit Digital stock slides further after pricing of 75M shares at $2 each
$ETH
$3997.39
-3.98%
$BTC
$111748.0
-2.83%
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