Bit Digital (BTBT) changes the treasure to ETH as part of Ether’s stagnation strategy


Digital bit (BTBT) The owner of more than 100,000 ether is now

After exchanging its Bitcoin battery along with a capital increase of $ 172 million for more than the world’s second largest cryptography.

Of a possession of 24,434 eth at the end of March, Digital bit now has approximately 100,603 eth ($ 189.2 million) making it one of the largest headlines of corporate ETH, the company said on Monday.

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Bit Digital revealed his plans to concentrate only on Eth Staking last month, in a movement that was not completely unexpected given the most challenging environment that Bitcoin miners have experienced since the middle of last year.

Ether Stking is the process of blocking ETH to help ensure the network in exchange for rewards. Stakers validate transactions and create new blocks to obtain passive income.

The event of half of half of half of half of the network saw the reward for adding new Bitcoin Network reduced blocks by 50%, giving a considerable bite of the revenue flow of the miners, despite a demonstration in the price of BTC.

BTBT shares were higher by 26% on Monday at $ 3.71. They were quoted to around $ 2 shortly after the announcement of the end of June of the ether approach.



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