Bit Digital's stock price has risen by 13.44% after announcing a sale of BTC to increase its ETH holdings.

BlockBeats News, July 7th, according to market data, Bit Digital Inc (BTBT) saw its stock price rise by 13.44%, now trading at $3.34.

Earlier, Bit Digital announced that it would transfer all of its cryptocurrency assets to Ethereum. The company sold 280 bitcoins and used the proceeds to buy more Ethereum.