Bit Digital’s Strategic Pivot to Ethereum: Share Capital Increase to Fuel Expansion
Bit Digital, Inc. (BTBT) has announced plans to triple its authorized share capital to fund additional ethereum acquisitions, marking a strategic shift toward ETH. Despite a 2.48% dip in shares to $3.15 on July 25, the stock saw a slight recovery in after-hours trading, rising 1.27% to $3.1899. The company will hold a shareholder vote on September 10 to increase authorized ordinary shares from 340 million, signaling strong confidence in Ethereum's future growth. This move underscores Bit Digital's commitment to expanding its Ethereum portfolio and capitalizing on the burgeoning crypto market. As of July 2025, the firm's bold strategy reflects the increasing institutional interest in Ethereum and its potential to reshape the digital asset landscape.
Bit Digital Proposes Share Capital Increase to Fuel Ethereum Expansion
Bit Digital, Inc. (BTBT) shares dipped 2.48% to $3.15 on July 25 as the company announced plans to triple its authorized share capital. The move aims to fund additional Ethereum acquisitions, signaling a strategic pivot toward ETH. After-hours trading saw a slight recovery, with shares rising 1.27% to $3.1899.
The firm will hold a shareholder vote on September 10 to increase authorized ordinary shares from 340 million to 1 billion, boosting total authorized capital from $3.5 million to $10.1 million. Management cited the current share structure as inadequate for its evolving strategy. Bit Digital already holds over 120,000 ETH, underscoring its commitment to Ethereum.
Institutional Demand Propels Ethereum Toward $4,000 Amid ETF Inflows and Whale Accumulation
Ethereum's price surge past $3,800 reflects accelerating institutional interest, with BlackRock's ETF recording $2.77 billion in weekly inflows. Whale holdings have grown by 2 million ETH since 2024, signaling deepening conviction in ETH as a tokenization backbone.
Layer 2 adoption and staked ETF proposals add fuel to the rally. Market structure suggests bullish continuation, with the $3,400 resistance now serving as support. The convergence of yield-seeking capital and infrastructure development creates a virtuous cycle for Ethereum's valuation.
Institutional ETFs Inject $533M Into Ethereum in Single Day, Fueling $4,500 Price Speculation
Ethereum markets are buzzing with renewed institutional interest as thematic ETFs attracted $533 million in a single trading session. ETH currently holds steady at $3,609.84 despite a minor 2.21% dip, with daily volume hitting $38.6 billion and market capitalization maintaining $435.74 billion strength.
Analysts are now debating whether this influx signals an imminent push toward $4,500. The institutional momentum coincides with growing retail interest in Ethereum-based projects like Remittix, which has raised $17 million at $0.0842 per token and offers a 50% bonus until reaching its $18 million soft cap.
Ethereum Surges Past $3,800 as Mining Demand Rises
Ethereum's price has breached the $3,800 mark, signaling strong bullish momentum since mid-2022. The cryptocurrency now eyes the critical resistance level at $4,250, demonstrating resilience even during market turbulence. This upward trajectory reflects growing investor confidence, with institutional and retail interest surging in tandem.
The rally has spurred demand for cloud mining platforms like PaladinMining, which offers accessible entry points for newcomers deterred by the high technical and capital barriers of direct mining operations. Ethereum's technical structure—a rising triangle pattern since 2022—suggests sustained upward potential, with key milestones at $2,150, $3,100, and $4,000 acting as psychological thresholds.
