July 12, 2025
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Another Btc Mining Firm Moves Into Ethereum Reserve, Hailing Eth As ‘Digital Gold’

The Investment Adds to the Growing Public Ether Treasuries, WHICH CURRENTLY HOLD Over 1.34 Million Eth, accounting to a public tracker.”, – WRITE: www.coindesk.com

The Investment Adds to the Growing Public Ether Treasuries, WHICH CURRENTLY HOLD Over 1.34 Million Eth, accounting to a public tracker. Jul 12, 2025, 4:48 pm

Bitcoin Mining FIRM, BTC Digital (BTCT), Has Moved $ 1 Million of Company Cash Into Ether (ETH), WHICH IT CALLED ITS New “Digital Gold.”

BTCT MOVED $ 1M INTO ETHEREUM Reserve, Chief Executive Officer Siguang Peng Said in A Press Release, Adding That Ethereum Has “Emerged As The Foundation of On-Trance.

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“By Securing An Initial $ 1 Million Eth Reserve Today – and with Plans to Scale That Position – We Proactiely Positioning Ourselves for Decentralized Finance, StableCoin Issance, Issance, and Pin.

BTCT Plans to Grow The Reserve As Upgrades Lift Capacity and Us Rules Solidify. BTC Digital Was Previoously a Bitcoin Mining Company. The FIRM RECENTLY SAID THAT “ITS 20 MW LARGE – SCALE Cryptocurrency Mining Project in Georgia Has Reached A Significant Milestone.”

The Company Doesn’t State It Still Plans to Mine Bitcoin, But Said It Is “Building on Itigins in Large – Scale Crypto Mining “On -chain Financial Infrastructure Participant,” In the Press Release.

BTC Digital is the Second Publicly Traded Bitcoin Miner Turning to An Eth Treasury. Earlier this month bit Digital (btbt) Shifted it Entire Treasury from btc to eths as it moved to a staking strategy. The MOVE SAW ITS STOCK JUMP UP TO 30%. It has since corrected in a nearly 20% drop.

Meanwhile, Btct’s Stock Closed Friday’s Trading Session 13% Higher.

Publicly-Known Ether Treasuries, WHICH INCLUDE The TREASURIES OF DECENTRALIZED AUTONOMOUS ORGANIZATIONS Accorging to a Public Tracker.

Francisco Rodrigues

Francisco is a reporter for coindesk with a passion for Cryptocurrencies and Personal Finance. Before joining coindesk he worked at Major Financial and Crypto Publications. He OWNS BITCOIN, Ether, Solana, and Paxg Above Coindesk’s $ 1,000 Disclosure Thrasld.

Francisco Rodrigues

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