Bit Digital Buys $20M in Ethereum, Grows Treasury to 158,461 ETH Amid Market Uncertainty

TLDR: Bit Digital acquired 8,568 ETH for $20M on May 11, 2026, at an average price of $2,334.25 per ETH. Following the purchase, Bit Digital now holds 158,461.75 ETH, ranking among the largest public ETH holders. CEO Sam Tabar called Ethereum foundational infrastructure, tying the purchase to long-term NAV share growth. In March 2026, Tabar [...]

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