Bit Digital Grows Treasury to 158,462 ETH With New $20M Purchase

Bit Digital Buys $20M successful ETH arsenic CEO Backs Ethereum Digital Economy Thesis

Bit Digital has added different $20 cardinal worthy of ethereum to its equilibrium sheet, reinforcing its presumption arsenic 1 of the largest publically listed firm holders of ETH. The Nasdaq-listed institution announced that it bought astir 8,568 ETH connected May 11, 2026. The tokens were acquired astatine an mean terms of $2,334.25 each.

Following the purchase, Bit Digital present holds astir 158,461.75 ETH. The institution said the transaction supports its semipermanent strategy of gathering nett plus worth per stock done disciplined ethereum accumulation.

The latest acquisition comes arsenic nationalist companies proceed to usage integer plus treasuries arsenic a mode to springiness equity investors crypto exposure. For Bit Digital, ethereum remains the halfway of that strategy.

“Our caller ETH acquisition reflects our condemnation successful ethereum arsenic foundational infrastructure for the aboriginal integer economy. This acquisition strengthens our ETH treasury, lowers our mean acquisition outgo basis, and supports our committedness to NAV per stock maturation for our shareholders,” said CEO Sam Tabar.

He added that the institution deploys superior crossed ethereum, AI infrastructure, and acquisitions, and moves erstwhile marketplace conditions acceptable its concern thesis.

Bit Digital has been moving to presumption itself beyond a azygous crypto treasury model. Its AI and high-performance computing concern operates done Whitefiber Inc., which trades connected Nasdaq nether the ticker WYFI.

That operation gives the institution vulnerability to 2 of the market’s astir intimately watched themes: ethereum arsenic colony and exertion infrastructure, and rising request for AI computing capacity.

Still, the treasury remains a large portion of Bit Digital’s identity. With astir 158,500 ETH connected its books, the institution is among the astir disposable public-market vehicles tied to ethereum’s semipermanent growth.

The acquisition besides signals that Bit Digital remains consenting to adhd to its holdings erstwhile absorption sees an charismatic introduction point. For shareholders, the stake is clear: ethereum’s relation successful the integer system indispensable grow capable to warrant continued balance-sheet accumulation.