Crypto Treasury Companies Explode Bitcoin and Ethereum Higher
The crypto treasury trend is accelerating with Ethereum getting in on it. But can it last?
Ticker |
BTBT
|
CIK | 0001710350 |
SIC | 6199 |
Sector | Finance, Insurance, And Real Estate |
Industry Category | Banking |
Industry Group | Financial Services |
Address | 31 HUDSON YARDS, FLOOR 11, NEW YORK, NY, 10001 |
Website | bit-digital.com |
Phone | 212-463-5121 |
CEO | Bryan Bullett |
Employees | 10 |
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Crypto Treasury Companies Explode Bitcoin and Ethereum HigherThe crypto treasury trend is accelerating with Ethereum getting in on it. But can it last? Crypto Currents: Strategy reports Q2 $14.05B unrealized gain on digital assetsAs bitcoin, ethereum and other cryptocurrencies see major legal, institutional, and technological developments, the financial landscape continues to adapt. Stay up on the crypto news that matters with the “Crypto Currents” weekly from The Fly. Also, join us for your essential daily recap, every day at 2 PM ET on FlyCast radio. STRATEGY REPORTS $14.05B UNREALIZED GAIN FOR Q2: In a Monday regulatory filing, Strategy (MSTR) disclosed that the fair value of the company’s bitcoin is reflected within Bit Digital, Inc. (BTBT) Stock Sinks As Market Gains: What You Should KnowThe latest trading day saw Bit Digital, Inc. (BTBT) settling at $3.6, representing a -3.74% change from its previous close. Bit Digital Is Going All in on Ethereum. Should You Buy BTBT Stock Here?Bit Digital just flipped to Ethereum. Could the pivot push BTBT higher and tempt investors in, or leave them holding the bag? Bit Digital CEO Shifts Entire Crypto Treasury to EtherLots of companies are copying Strategy's move to build a bitcoin treasury, Bit Digital is instead building a treasury of Ether. The crypto mining company sold its Bitcoin tokens to buy Ether. The company's shares are rallying around 90% in the past six sessions. Bit Digital CEO Samir Tabor joins Sonali Basak and Tim Stenovec on "Bloomberg Crypto". |