Bitcoin mining firm Bit Digital sold 280 BTC to increase its ETH holdings

By: theblockbeats.news|2025/07/07 13:41:57
0
Share
copy
Prefer us on GooglePrefer us on Google
Metaverse Network BITMetaverse Network BIT
ETHETH
--
BTCBTC
--
BitmonBitmon

BlockBeats News, July 7th, Cryptocurrency company Bit Digital has transferred all of its cryptocurrency assets to Ethereum. The company sold 280 Bitcoins and used the proceeds to buy more Ethereum.

Bitcoin mining enterprise Bit Digital posted on social media that the company is fully betting on the long-term value of Ethereum. Bit Digital now holds a total of 100,603 ETH and will continue to actively increase its holdings, aiming to become a global leader in Ethereum asset holding. As a cryptocurrency company focused on Ethereum asset management, it is fully positioning itself in this generation's most influential digital asset—ETH.

-- Price

--

Disclaimer: This content is provided for general branding and informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online events, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets or to use any services. Crypto assets are highly volatile and may result in loss. WEEX services and online events may not be available in all regions and are subject to applicable laws, regulations, and eligibility requirements. You are responsible for ensuring that your use of WEEX services complies with local laws and for carefully assessing the risks before participating in any crypto-related activities.

You may also like

Computing Capital Markets

IPCA Below Expectations in June: What It Means for the Dollar and Interest Rates

SemiAnalysis Latest Interview: Storage Has Room to Double, Be Cautious with CPO in the Short to Medium Term, CPU is Just a Supporting Role

FDV vs market cap: The two numbers that decide if a token is cheap

Is Ethereum Really a 'World Computer'?

An Investor's 17 Judgments on Embodiment, Models, and Computing Power

...
Creator Challenge
Create, share & earn up to 800 USDT
Creator ChallengeInvite

Contents

Latest articles

2026/06/10

Humanity Protocol Security Incident Escalates: More Than $31 Million Stolen From Related Addresses as Attacker Continues Selling H for ETH

On June 9, according to monitoring by Onchain Lens, more than $31 million has been stolen from addresses linked to Humanity Protocol, and the attack is still ongoing, with the hacker continuously swapping H tokens for ETH. Project founder Terence Kwok later confirmed the security incident on X, saying the issue involved a private key leak.

ETHETH
--
2026/05/27

DeFi has reached its most dangerous moment: the real vulnerabilities are not in the code

April 2026 is not just a security crisis; it is the moment when the industry's mental model completely collapses, and it is also the moment when the protocols that can survive are distinguished from those that cannot.
2026/05/25

Vitalik talks about the future of the Ethereum Foundation: a smaller, more distinctive, yet more enduring ship

Vitalik elaborated on his personal views regarding the transformation direction of the Ethereum Foundation: EF is not "the center of Ethereum," but one of many nodes. With limited resources, EF chooses long-termism over spreading itself thin, focusing on key tasks that "would not happen without EF"—...
2026/05/22

IOSG Founder: Please tell Vitalik the truth, let the OGs who have enjoyed the industry's dividends enlighten the young people

The wage earners freeze to death on the road, the sellers of goods die of thirst on the way. The weavers of brocade wear coarse cloth, and the grain growers do not have enough to eat.
ETHETH
--
BTCBTC
--
SOLSOL
--
2026/05/21

Morning Report | Deloitte acquires crypto infrastructure company Blocknative; stablecoin company Checker completes $8 million financing; a16z may have become the largest external institutional holder of HYPE

Overview of Important Market Events on May 20
ETHETH
--
GASGAS
--
BTCBTC
--
SOLSOL
--
More

Latest coin listings on WEEX

Community
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com