Bit Digital invested 20 million USD to increase its holdings by 8,568 ETH, bringing the total holdings to over 158,000 coins
According to PRNewswire, Nasdaq-listed company Bit Digital announced an investment of $20 million to increase its holdings by 8,568 ETH. After this transaction, its total Ethereum holdings rose to approximately 158,461.75 ETH. The company stated that this increase helps to lower the average cost of holdings and supports the growth of net asset value per share.
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