A naukri.com initiative
Blockonomi
7d
241
Image Credit: Blockonomi
Bit Digital Raises $162.9 Million for Ethereum Treasury, Plans Bitcoin Swap
- Bit Digital raised $162.9M to purchase more Ethereum and plans to swap 417.6 BTC for ETH.
- Ethereum staking offsets operational costs, making it more appealing for long-term financial gains.
- Analysts warn of potential risks from holding Bitcoin and Ethereum simultaneously.
- The firm aims to leverage corporate appetite for yield-bearing crypto assets and monitor market signals for future decisions.
Read Full Article
14 Likes
For uninterrupted reading, download the app