Bit Digital Bets Big on Ethereum: Liquidates Bitcoin & Equity to Double Down on ETH
Mining giant flips the script—dumping BTC and cashing in shares to go all-in on Ethereum. Wall Street analysts clutch their pearls.
The great crypto pivot
No more hedging—Bit Digital's treasury just became an ETH maximalist playground. The move comes as Ethereum's ecosystem eats Bitcoin's lunch in developer activity and institutional adoption.
Numbers don't lie (but traders do)
While the exact figures remain undisclosed, the sheer scale of this reshuffle suggests confidence in ETH's long-term value proposition—or perhaps just desperation for yield in a 2% bond market world.
Risk on
The aggressive reallocation mirrors MicroStrategy's Bitcoin gambit, but with a DeFi twist. One thing's certain: when crypto miners start trading like hedge funds, either we're early—or late.
