Bit Digital’s Ethereum Holdings Hit 120,306 — Now Among the Top ETH Holders
2025-07-18 15:42:15
Main Idea
Bit Digital has significantly increased its Ethereum holdings to 120,306 ETH, positioning itself as one of the top public company holders of ETH, as part of a strategic shift from Bitcoin to Ethereum.
Key Points
1. Bit Digital acquired an additional 19,683 ETH, bringing its total holdings to approximately 120,306 ETH.
2. The company used proceeds from a $67.3 million direct offering to institutional investors for the purchase.
3. Bit Digital now holds one of the largest Ethereum treasuries among public companies, trailing only SharpLink Gaming and BitMine Immersion.
4. This move is part of a broader trend among public companies shifting their focus from Bitcoin to Ethereum.
5. Ethereum is seen as a key asset for future digital finance, with Bit Digital planning to continue increasing its ETH holdings as part of its long-term strategy.
Description
The post Bit Digital’s Ethereum Holdings Hit 120,306 — Now Among the Top ETH Holders appeared first on Coinpedia Fintech News Bit Digital has acquired yet another 19,683 Ethereum (ETH) using proceeds from its recent $67.3 million direct offering to institutional investors. This brings the Company’s total ETH holdings to around 120,306. Earlier this month, Bit Digital accumulated over 100,000 ETH. Today, Bit Digital has acquired an additional ~19,683 ETH, bringing our total ETH balance to 120,306...
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