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đ Bit Digital (BTBT) Soars 5% After $162.9M Raise to Supercharge Ethereum Staking Play
đ Bit Digital (BTBT) Soars 5% After $162.9M Raise to Supercharge Ethereum Staking Play
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Wall Street meets crypto againâthis time with a nine-figure bet on ETH's proof-of-stake future.
### The Big Move
Bit Digital's stock popped as institutional money flooded in, proving even trad-fi players can't ignore staking yields. That $162.9M war chest? Straight to Ethereum validators.
### Why It Matters
While banks debate CBDCs, BTBT just turned their treasury into a staking node. Talk about putting money where the merge is.
### The Punchline
Another 'conservative' fund jumps into cryptoâjust don't ask about the gas fees when they rebalance. đ
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