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Bit Digital’s Ethereum Holdings Hit 120,000 — Now Among the Top ETH Holders
In a major development in the world of cryptocurrencies, Bit Digital has acquired a staggering 19,683 Ethereum (ETH) units using proceeds from its recent $67.3 million direct offering to institutional investors. This significant move brings the company’s total ETH holdings to an astonishing 120,306.
As reported earlier this month, Bit Digital had already amassed over 100,000 ETH, and today’s acquisition has propelled the company to a spot among the largest institutional Ethereum treasuries in the public markets.
Source: coinpedia.org
