Bit Digital (BTBT) Boosts Ethereum Holdings to 158K ETH with $20M Buy
Bit Digital acquires $20M worth of Ethereum, growing its ETH treasury to 158,462 tokens and overtaking Coinbase in public ETH holdings.
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Bitcoin mining pivoting capacity toward Ethereum staking and AI hosting.
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Bit Digital Inc is engaged in the Bitcoin mining business, Ethereum staking activities and specialized cloud-infrastructure services for artificial intelligence applications through its wholly owned subsidiaries. Its mining platform operates with the primary intent of accumulating bitcoin which may sell for fiat currency from time to time depending on market conditions. The Company has four reportable segments: digital asset mining, cloud services, colocation services, and ETH Staking. It generates majority of its revenue from digital asset mining.
Bit Digital websiteDaily open, high, low and close with volume.
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Compare reported revenue growth, profitability and valuation. Related companies can have different business models and fiscal calendars.
| Company | Latest close | Revenue growth (YoY) | Net margin (TTM) | P/E (TTM) | P/S (TTM) |
|---|---|---|---|---|---|
| Bit Digital (BTBT) | $1.08 | — | — | — | — |
| Riot Platforms (RIOT) | $15.10 | — | — | — | — |
| MARA Holdings (MARA) | $8.23 | — | — | — | — |
| CleanSpark (CLSK) | $9.23 | — | — | — | — |
| Hut 8 (HUT) | $74.87 | — | — | — | — |
| Coinbase (COIN) | $172.89 | — | — | — | — |
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Market-moving headlines mentioning Bit Digital.
Bit Digital acquires $20M worth of Ethereum, growing its ETH treasury to 158,462 tokens and overtaking Coinbase in public ETH holdings.
Bit Digital (BTBT) last closed at $1.08 on October 14, 2026. Quotes are delayed at least 15 minutes.
Over the past 52 weeks BTBT has traded between $1.06 and $4.55.
Bit Digital has a market capitalisation of about $436.37 million.
BTBT trades on NASDAQ, in the Finance Services industry.
Blockchain.News publishes BTBT coverage and price forecasts on this page, with 3 stories filed so far. This is information, not investment advice.
BTBT's 14-day relative strength index (RSI) is 25.1, which is oversold on the standard 30/70 scale. RSI measures the speed of recent price moves, not a price target — this is not investment advice.
BTBT's 50-day moving average is currently below its 200-day moving average — a Death Cross (bearish long-term trend) in classic technical-analysis terms. Moving-average crossovers describe past price behaviour, not a forecast.
Coverage is for information only and is not investment advice. Stock prices can move quickly and past performance does not guarantee future results.
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