Bit Digital Adds $20M in Ethereum

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Nasdaq-listed Bit Digital has expanded its Ethereum treasury with the purchase of 8,568 ETH worth approximately $20 million. The company acquired the tokens on May 11 at an average price of $2,334 per ETH. Following the transaction, Bit Digital’s total corporate holdings have grown to more than 158,000 ETH. The purchase comes despite Ethereum’s relatively …