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TheEnergyMag

Bit Digital Goes All-In on Ethereum, Converts Bitcoin and Equity Proceeds into ETH Holdings

Bit Digital has completed a sweeping pivot toward Ethereum, announcing it has fully transitioned its corporate treasury into ETH following a recent capital raise and the divestment of its Bitcoin holdings. Bit Digital said Monday it raised approximately $172 million in gross proceeds through a public equity offering and used the funds, along with the […]

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