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Nasdaq-Listed Company Plans to Establish $1 Million Ethereum Reserve

By: theblockbeats.news|2025/07/11 17:16:55

BlockBeats News, July 12th, according to The Block, BTC Digital (BTCT) announced the establishment of a $1 million Ethereum reserve. The company stated that this marks its first step in transitioning from a pure-play hash rate provider to an on-chain financial infrastructure participant. In the future, it will continue to accumulate ETH based on market conditions and network upgrades.

Opinion: Genius Act Safeguards Stablecoin Holders' Priority, U.S. Banks May Foot the Bill

Coinbase has updated its X account avatar to a "Chonky Penguin" theme image.