Bit Digital Invests $20 million to Increase Holdings of 8,568 ETH, Bringing Total Holdings to Approximately 158,461.75 ETH

BlockBeats News, May 28th, according to PR Newswire, US-listed company Bit Digital announced a $20 million investment to acquire 8,568 ETH. Following this transaction, its total Ethereum holdings increased to approximately 158,461.75 ETH.

Bit Digital stated that this additional purchase helped lower the average holding cost and supported growth in net asset value per share.