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Bit Digital Invests $67.3 Million to Increase Its ETH Holdings to 19,683 Coins

By: theblockbeats.news|2025/07/18 12:52:03

BlockBeats News, July 18th, According to PR Newswire, Bit Digital, Inc. (NASDAQ: BTBT) announced today that it has used the net proceeds of the recently completed $67.3 million institutional investor private placement to purchase approximately 19,683 Ethereum (ETH).

Following this transaction, Bit Digital holds a total of approximately 120,306 Ethereum.

Basel Medical Group has paused its Bitcoin acquisition strategy

Fed Governor Waller: Waiting another six weeks to cut rates may not be a big deal for the Fed, but there is also no reason to delay further