US-listed company Bit Digital increased its holdings by approximately 19,683 ETH, bringing its total holdings to 120,000 ETH.
Bit Digital announced that it will use the net proceeds from a directed share issuance of $67.3 million to purchase approximately 19,683 Ether, bringing its total holdings to 120,306 Ether. CEO Sam Tabar stated that the company has become one of the institutional-level Ether holders and views it as a cornerstone of digital financial infrastructure.