
Title: Bit Digital’s Ethereum Holdings Hit 120,000 — Now Among the Top ETH Holders
Bit Digital has recently made a significant move in its cryptocurrency portfolio by acquiring an additional 19,683 Ethereum (ETH) using proceeds from its recent $67.3 million direct offering to institutional investors. This substantial purchase has led to a total of approximately 120,306 Ethereum holdings for the company, positioning it among the largest institutional Ethereum treasuries in the public markets.
As reported by Bit Digital’s CEO Sam Tabar, “With approximately 120,000 ETH, Bit Digital is positioned among the largest institutional Ethereum treasuries in the public markets.” The acquisition has solidified the company’s position as one of the top Ethereum holders among public companies.
Source: coinpedia.org