Bit Digital converts entire 280 BTC reserve to $172M worth of Ethereum
Management deployed the net cash to acquire additional ETH, lifting the balance sheet from 24,434 ETH on March 31 to roughly 100,603 ETH today.
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The shares fell over 15% within 30 minutes after the July 3 opening and one hour after the announcement, although no direct link apparent.
Digital Asset’s $135M Series E round also includes Goldman Sachs, Citadel Securities, and DTCC.
Ondo Catalyst fund aims to leverage blockchain for growth in tokenized assets as regulators show openness
The consortium's acquisition aims to bolster Bitcoin-focused strategy in Thailand's capital markets.
Despite June being the month with the second-largest funding in 2025, venture capital funds slowed the investment pace into crypto startups.
DeFi Development Corp. targets $100 million raise to broaden Solana treasury holdings ahead of ETF market shifts.