Bit Digital Treasury Report Signals Full Ethereum Focus Over Bitcoin: Holdings Now at 122,187 ETH

TLDR: Bit Digital holds 122,187 ETH valued at $506M, staking over 80% for consistent yield income. The firm earned 291 ETH in staking rewards during September, equal to a 3.37% annualized return. Bit Digital raised $150M through convertible notes to expand its Ethereum holdings. The company’s Ethereum treasury strategy marks a complete shift from Bitcoin [...]

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