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໓໐tΞԵɧ 🎭 Ⓜ️ ♾️
@0xdoteth
Another Public Company Treasury Pivots to Ethereum With $172M Raise The public company crypto treasury trend is continuing, and Ethereum appears to be emerging as the new asset of choice. Bit Digital has gone all-in on Ethereum after offloading all of its Bitcoin to buy ETH. The Nasdaq-listed company raised $172 million from its BTC sales and acquired over 100,000 ETH, becoming the latest corporate Ethereum treasury firm. “Following a $172 million public equity raise and conversion of its balance sheet from Bitcoin to Ethereum, Bit Digital has accumulated over 100K ETH to become one of the largest corporate treasury companies in the world,” the firm stated on July 7.
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