Why Bit Digital’s Bold ETH Gamble and $1 Billion Share Strategy Could Flip the Crypto Game Forever
Needless to say, the results of this pivot are already visible.
Bit Digital’s Ethereum reserves
In a matter of weeks, Bit Digital’s Ethereum reserves skyrocketed from just 24,434 ETH to over 100,600 ETH. A subsequent buy of 19,683 ETH on 18 July pushed its holdings to an estimated 120,306 ETH, placing the company firmly among the top 10 institutional Ethereum holders globally.
This coincided with SharpLink’s recent addition of 32,892 ETH ($115 million) on 18 July, pushing its nine-day total to 144,501 ETH – Valued at $515 million.
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