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      tldr; Bit Digital, a Nasdaq-listed company, has shifted its corporate treasury strategy from Bitcoin to Ethereum, raising $172 million through BTC sales and acquiring over 100,000 ETH. This move positions Bit Digital as one of the largest corporate Ethereum treasury holders, with ETH holdings valued at approximately $254 million. CEO Sam Tabar emphasized Ethereum’s potential to transform the financial system, citing its programmability, adoption, and staking yield model. The company plans to expand its ETH holdings further, aligning with Ethereum’s long-term growth potential.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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