Search results for "BIT"

Bit Digital fully shifts to Ethereum! Close all positions in Bitcoin, with a single-day stock price rising nearly 20%, aiming for the largest ETH corporate holdings.

Nasdaq-listed company Bit Digital has decided to adopt an Ethereum reserve asset strategy and has sold all of its holdings of Bitcoin. The company sold 280 BTC, ending its Bitcoin holdings history, and used the proceeds to purchase ETH. On July 8, the market showed that Bit Digital pre-market rose 16.4%, with its stock price soaring nearly 75% over the past six trading days.
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Ethereum (ETH) price prediction: Bit Digital invests $172 million to get on board, expecting market capitalization to grow 10 times.

Today (8th) during the Asian early trading session, the price of Ethereum (ETH) remains stable above $2,500. This follows Bit Digital's (BTBT) announcement of investing $172 million, along with the proceeds from the sale of 280 BTC, increasing its treasury Holdings to 100,603 ETH. Previously, CF Benchmarks predicted that the number of companies integrating Ethereum and Solana (SOL) on their balance sheets would grow tenfold.
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Bitcoin mining company Bit Digital sold 280 BTC to increase its holding of ETH.

BlockBeats reported that on July 7, the cryptocurrency company Bit Digital transferred all its crypto assets to Ethereum. The company sold 280 Bitcoins and used the proceeds to purchase more Ether. Bitcoin mining company Bit Digital stated on social media that it is fully betting on the long-term value of Ethereum. Bit Digital has accumulated a total of 100,603 ETH and will continue to actively increase its holdings, aiming to become a global leader in Ethereum asset management. As a cryptocurrency company focused on Ethereum asset management, it is fully deploying the most influential digital asset of this generation – ETH.
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Bit Digital converts BTC to ETH, accumulating over 100,000 ETH.

Golden Finance reports that the crypto assets company Bit Digital has accumulated a total of 100,603 ETH and plans to actively increase its holdings. Bit Digital has converted its held BTC into ETH and additionally raised approximately 170 million dollars to purchase ETH.
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In pre-market trading, some Crypto Assets concept stocks in the US stock market surged, with SharpLink Gaming rising nearly 6%.

BlockBeats news, on July 7th, according to market data, some cryptocurrency concept stocks in the U.S. market rose before the opening, including: Bit Digital (BTBT.US) rise 12.93%; SharpLink Gaming (SBET.US) rise 5.72%; Circle (CRCL.US) rise 1.72%; IREN Ltd (IREN.US) rise 3.09%.
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Cyvers Alerts: Multiple suspicious transactions involving Nervos.bit have been detected.

According to a report by Jinse Finance, the Cyvers Alerts system has detected multiple suspicious transactions involving Nervos.bit. A suspicious address appears to have gained control of the cross-chain bridges, stealing assets worth approximately 3 million dollars: 25.78 million USDT 539.09 ETH 89.83 million USDC 60,400 DAI 0.79 WBTC All funds have been converted to $ETH and sent to Tornado.
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Bitcoin mining company Bit Origin: Nasdaq has confirmed compliance with relisting requirements.

Golden Finance reports that Bitcoin mining company Bit Origin announced that after submitting a 6-K form on June 30 to prove it has met the requirement to maintain at least $2.5 million in shareholder equity, it has now received confirmation from Nasdaq of its compliance with listing requirements, which means the company will be able to continue trading on the Nasdaq stock market.
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Bit Digital's stock price fell 4% after abandoning Bitcoin mining in favor of Ethereum.

According to Gate News bot and CoinTelegraph, on Wednesday, crypto mining company Bit Digital announced it will shut down or sell its Bitcoin mining infrastructure and use the proceeds to purchase more Ether, after which the company's stock price fell nearly 4%.
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Bit Digital shifts its strategic focus to Ethereum and exits Bitcoin mining.

According to Gate News bot, Coindoo reported that Bit Digital (BTBT) has announced a significant strategic shift, revealing plans to completely exit the Bitcoin mining business and focus on Ether staking and capital operations. This move marks a major change in direction for the Nasdaq-listed company, which began accumulating Ethereum (ETH) and building its Ethereum staking infrastructure in 2022.
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Bit Digital announced financing of $162.9 million and transitioned to an Ethereum treasury.

Gate News bot message, Nasdaq-listed company Bit Digital (BTBT) announced that it raised approximately $162.9 million in net proceeds through a stock issuance. According to The Block, the company plans to use these funds to establish an Ethereum treasury and undergo a business transformation. Bit Digital has decided to sell approximately 417.6 Bitcoins currently held.
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Bit Digital completed a $162.9 million financing and plans to increase its holdings in Ethereum.

Gate News bot message, publicly traded company Bit Digital ( Nasdaq: BTBT ) announced that its underwriters have chosen to exercise all of their overallotment option, adding 11.25 million shares of common stock, resulting in approximately $21.4 million in net proceeds for the company. This round of public issuance totaled 86.25 million shares of common stock, with a total net fundraising amount of $162.9 million. Bit D
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Bit Digital's underwriters fully exercised their overallotment option, raising $162.9 million, which may be used to purchase ETH.

Bit Digital recently completed a public issuance, with the underwriters fully exercising the over-allotment option, resulting in an additional purchase of 11.25 million shares, bringing in approximately $21.4 million in net proceeds, for a total net revenue of $162.9 million. The company plans to use these funds to purchase Ethereum.
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Bit Digital announced the sale of $150 million in stock and the shift from Bitcoin mining to Ethereum staking, causing the stock price to fall nearly 19%.

Gate News bot news, the former Bitcoin mining company Bit Digital's stock price experienced a big dump this week, with a nearly 19% drop in five days, closing at $1.99 on June 27, down 15% in just 24 hours. Previously, Bit Digital announced a series of significant news, including a $150 million IPO and a strategic shift to Ethereum staking. On Thursday, the company announced a large-scale public offering, issuing 75 million shares of common stock to raise $150 million.
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The encryption mining company Bit Digital has raised $150 million to purchase ETH.

Gate News bot reports that, according to The Miner Mag, the crypto mining company Bit Digital has raised $150 million in an initial public offering to accelerate its transition from Bitcoin mining to Ethereum equity and capital operations. The company issued 75 million shares at a price of $2 per share, with an additional 11.25 million shares available to underwriters through 30-day Options.
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Bit Digital: Not associated with any Meme coin projects.

ChainCatcher news, Nasdaq-listed Bitcoin mining company Bit Digital, Inc. issued a statement on the X platform clarifying that the company has no association with any Meme coin projects, nor does it recognize, sponsor, or maintain any relationship with any Meme coin projects claiming to represent the Bit Digital brand, reminding the community to be vigilant.
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Bit Digital: Not associated with any Meme coin.

Golden Finance reports that Nasdaq-listed Bitcoin mining company Bit Digital, Inc has issued a statement on the X platform clarifying that the company has no association with any Meme coins, nor does it recognize, sponsor, or maintain any relations with any Meme coin projects claiming to represent the Bit Digital brand, reminding the community to be cautious.
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