Bit digital (Btbt) is now the owner of more than 100,000 ether
After replacing the bitcoin stack with a $ 172 million capital increase for more than the second largest crypto in the world.
From handling 24,434 eth to the end of March, Bit Digital now has more than 100,603 ETH ($ 189.2 million) It makes it one of the largest ethics holders in the corporation, The company said on Monday.
Bit Digital announces its plans to focus only Eth Stak experienced since dividing last year.
Ether Staking is the process of locking ETH to help secure the network in exchange for rewards. Stakers have proven transactions and create new blocks to earn a passive income.
The Quadrennial Halving Event is seeing the reward for adding new Bitcoin network blocks to be reduced by 50%, taking a huge bite out of the miners’ income stream, despite a BTC price rally.
BTBT’s sharing was 26% higher on Monday to $ 3.71. They exchanged around $ 2 after a while The late June announcement of ether focus.
