BTC Digita Announces Strategic Shift to Ethereum, Will Convert All Bitcoin Reserves to ETH

ChainCatcher News, according to PRNewswire, US-listed blockchain technology company BTC Digital Ltd. (Nasdaq: BTCT) today announced a strategic shift, fully adopting Ethereum ($ETH) as its core asset and operational foundation. As part of this plan, BTCT completed $6.000 million in financing and added a $1.000 million $ETH position. BTCT CEO Siguang Peng said that Ethereum has become the preferred platform for decentralized finance, real-world asset tokenization, and scalable smart contract innovation. [ChainCatcher]