BTC Digital announces strategic shift to Ethereum, plans to convert all BTC reserves to ETH
2025-07-17 13:15:37
Nasdaq-listed company BTC Digital (BTCT) announced that it has fully embraced Ethereum (ETH) as its core asset and operating foundation, and announced that it has purchased $1 million worth of ETH. The company plans to convert all existing and future holdings of Bitcoin (BTC) into ETH to build a long-term efficient on-chain asset pool to achieve medium- and long-term growth around the Ethereum ecosystem. Its goal is to achieve tens of millions of dollars in ETH reserves and launch a comprehensive ETH pledge program by the end of the year.
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