Bit Digital’s treasury shift to Ethereum signals growing institutional confidence in ETH’s staking and DeFi future.
While Bitcoin still remains dominant, ETH’s are programmable utility and could yield model that are drawing increasing attention from public companies.

Following the recent post by Crypto News Flash (CNF) highlighting that Bitcoin and Nasdaq had previously eyed stability as the Yen rally faced resistance, Nasdaq-listed Bit Digital, Inc. (BTBT) has now fully transitioned its treasury strategy from Bitcoin (BTC) to Ethereum (ETH), selling its entire reserve of 280 BTC and amassing over 100,000 ETH.

According to the reports, this strategic shift—announced on July 7, 2025—positions Bit Digital as one of the world’s largest corporate holders of Ethereum, with a treasury now valued at approximately $254.8 million.

Moreover, the company’s decision, fueled by a $172 million public offering and the proceeds from its Bitcoin sales, marks a significant bet on Ethereum’s long-term potential, especially in decentralized finance (DeFi) and staking opportunities.

Why Ethereum? The Case for Staking and DeFi

As Bit Digital’s Chief Executive Officer Sam Tabar cited, Ethereum’s programmable blockchain, growing adoption, and staking model are core reasons behind the center of this movement.

Bit Digital is aligning itself with Ethereum’s long-term potential and positioning itself as a focused Ethereum treasury platform in the public markets. We are starting with exposure to over 100K ETH for now, but we intend to aggressively add more so we become the preeminent ETH holding company in the world.

Furthermore, unlike the Bitcoin mining—which involves constant energy and capital expense—Ethereum’s proof-of-stake model allows the company to earn yield passively.

In line to this, the Ethereum co-founder, Joseph Lubin also has recently predicted if that such moves could accelerate DeFi integration on Wall Street, highlighting Ethereum’s flexibility and foundational role in stablecoin transactions and decentralized applications.

At the time of writing, ETH trades at approximately $2,552, with some analysts noting of a range-bound patterns between $2,313 and $2,737, reflecting a 1% decrease in the past day and a 3.51% increase in the past week.

Implications for the Bitcoin Market

Subsequently, Bit Digital’s decision to sell 280 BTC—while significant for the company—represents only a small fraction of Bitcoin’s overall market activity. However, it contributes to a larger narrative shift, where institutional interest in the Ethereum is gaining more interest at the Bitcoin’s expense.

As of now, Bitcoin (BTC) is currently trading at approximately $108,460.30, reflecting about a 0.53% decrease in the past day and a 1.23% increase in the past week, according to CoinMarketCap data. See the BTC price chart below.

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Filed under: Bitcoin - @ July 8, 2025 8:20 am