Market Capitalization:3 748 838 888 592,4 USD
Vol. in 24 hours:514 933 288 976,49 USD
Dominance:BTC 59,45%
ETH:12,35%
Market Capitalization:3 748 838 888 592,4 USD
Vol. in 24 hours:514 933 288 976,49 USD
Dominance:BTC 59,45%
ETH:12,35%
Market Capitalization:3 748 838 888 592,4 USD
Vol. in 24 hours:514 933 288 976,49 USD
Dominance:BTC 59,45%
ETH:12,35%
Market Capitalization:3 748 838 888 592,4 USD
Vol. in 24 hours:514 933 288 976,49 USD
Dominance:BTC 59,45%
ETH:12,35%
Market Capitalization:3 748 838 888 592,4 USD
Vol. in 24 hours:514 933 288 976,49 USD
Dominance:BTC 59,45%
ETH:12,35%
Market Capitalization:3 748 838 888 592,4 USD
Vol. in 24 hours:514 933 288 976,49 USD
Dominance:BTC 59,45%
ETH:12,35%
Market Capitalization:3 748 838 888 592,4 USD
Vol. in 24 hours:514 933 288 976,49 USD
Dominance:BTC 59,45%
ETH:12,35%
Market Capitalization:3 748 838 888 592,4 USD
Vol. in 24 hours:514 933 288 976,49 USD
Dominance:BTC 59,45%
ETH:12,35%
Market Capitalization:3 748 838 888 592,4 USD
Vol. in 24 hours:514 933 288 976,49 USD
Dominance:BTC 59,45%
ETH:12,35%
Market Capitalization:3 748 838 888 592,4 USD
Vol. in 24 hours:514 933 288 976,49 USD
Dominance:BTC 59,45%
ETH:12,35%
Yes
>>Bit Digital's Ethereum holdings have reached $675 million, making them the sixth-largest holder of the cryptocurrency.

Bit Digital's Ethereum holdings have reached $675 million, making them the sixth-largest holder of the cryptocurrency.

crypthub
Bit Digital's Ethereum holdings have reached $675 million, making them the sixth-largest holder of the cryptocurrency.

Bit Digital’s Ethereum Expansion

Bit Digital has significantly increased its Ethereum holdings, now possessing approximately 150,244 ETH, representing roughly $675 million. This expansion followed a $150 million convertible notes offering, with proceeds used to acquire an additional 31,057 ETH. The move underscores the company’s strategic shift from Bitcoin mining to a focus on Ethereum staking and treasury management.

Strategic Pivot and Financial Performance

The company is transitioning to generate revenue through validator operations, custody solutions, and yield optimization, with contributions from AI-focused firm WhiteFiber. Year-over-year Bitcoin-related revenue has declined substantially, demonstrating a clear commitment to the Ethereum-centric model. Bit Digital now ranks among the top six global Ethereum treasuries.

Broader Ethereum Investment Trends

Institutional interest in Ethereum is surging, with U.S.-listed spot Ether ETFs recording significant net inflows. Other companies like SharpLink Gaming and Bitmine are also aggressively accumulating ETH, showcasing growing confidence in the digital asset’s potential. Ethereum currently trades around $4,504.