Why Bit Digital’s Bold ETH Gamble and $1 Billion Share Strategy Could Flip the Crypto Game Forever
With this, Bit Digital now trails only major players like SharpLink and BitMine Immersion Tech in terms of ETH holdings.
Altogether, these Ethereum-centric firms now collectively hold over 2.3 million ETH, valued at nearly $9 billion, illustrating just how dramatically institutional confidence in Ethereum is swelling.
Remarking on the same, Bit Digital stated,
“ETH can offer a rare combination of capital appreciation and native yield, making it an institutional titan. Its value is reinforced by strong onchain utility and a global community of developers. No other asset, including BTC, matches the depth of its ecosystem and built-in earning potential.”
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