Another BTC Mining Firm Moves Into Ethereum Reserve, Hailing ETH as ‘Digital Gold’
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jul 12 2025BTC Digital's Shift to Ethereum: Bitcoin mining firm BTC Digital has converted $1 million of its cash reserves into ether (ETH), which it now considers its "digital gold," aiming to enhance its position in decentralized finance and asset tokenization.
Market Impact and Strategic Evolution: This move follows a trend among publicly traded bitcoin miners, with BTC Digital transitioning from a mining focus to becoming a participant in on-chain financial infrastructure, as evidenced by its stock performance and plans for future growth.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
