Bit Digital Completes Strategic Transformation, Holds Over 100,000 ETH

Bit Digital (Nasdaq: BTBT) has announced the completion of its Ethereum-centric fiscal strategic transformation. After completing an approximately $172.00 million public offering, Bit Digital used all of the proceeds to purchase $ETH and sold approximately 280 Bitcoin to exchange for ETH. After this transformation, its holdings increased to approximately 100,603 ETH. [Wu Shuo]