Bit Digital Acquires 8,568 Ethereum for $20M
Bit Digital (BTBT) announced the purchase of approximately 8,568 Ethereum (ETH-USD) for $20M. On May 11th, the company acquired $20M in ETH at an average cost of $2,334.25, adding 8,568 ETH to its treasury. Following the transaction, Bit Digital now holds approximately 158,461.75 ETH, reinforcing its position among the largest public holders of Ethereum globally.
