Bit Digital’s $140 Million Ethereum Purchase Could Push Holdings Above 150,000, Positioning It as Sixth-Largest Treasury

Bit Digital has purchased 31,057 ETH (~$140M), raising its holdings to over 150,000 ETH and positioning the company as the sixth-largest public-company Ethereum ￰0￱ acquisition was funded via $150M in convertible notes and aims to increase long-term NAV per share. 31,057 ETH purchased (~$140M) Holding now ~150,244 ETH, sixth-largest among public corporate treasuries Purchase funded by $150M convertible notes; mNAV impact and institutional participants disclosed Bit Digital ETH purchase expands treasury to 150,244 ETH; learn how the $140M acquisition was funded by convertible notes and what it means for NAV and institutional ￰1￱ Digital has purchased 31,057 ETH worth $140 million, bringing its total holdings to over 150,000 ETH and making it the sixth-largest Ethereum treasury among public ￰2￱ is Bit Digital’s ETH acquisition and why does it matter?

Bit Digital ETH acquisition is a strategic purchase of 31,057 ETH (about $140 million) funded with proceeds from a $150 million convertible notes ￰3￱ move increases the company’s treasury to roughly 150,244 ETH and aims to enhance long-term net asset value (NAV) per share for ￰4￱ was the purchase funded and who participated? The acquisition was financed through Bit Digital’s $150 million convertible notes offering, which included full exercise of underwriters’ options and priced the notes at $4.16 per ￰5￱ participants named in company disclosures include Kraken Financial, Jump Trading Credit and Jane Street Capital (names cited as participating institutions; no external links provided).

How does this rank among institutional ETH treasuries? At ~150,244 ETH, Bit Digital ranks sixth among public-company ETH ￰6￱ large holders reported by market data sources include PulseChain Sac (160,900 ETH), the Ethereum Foundation (222,720 ETH), The Ether Machine (496,710 ETH), SharpLink Gaming (838,730 ETH) and Bitmine Immersion Technologies (2.83 million ETH). Top 10 ETH treasury companies.) of $3.84 per share as of late September, supported by $512.7 million in Ethereum and $723.1 million in shares of its majority-owned subsidiary, WhiteFiber ￰7￱ is this relevant to investors and the market? Corporate ETH accumulations signal institutional confidence and affect on-chain supply ￰8￱ companies and ETFs currently hold roughly 12.6 million ETH (about $56.4 billion), representing over 10.3% of total ￰9￱ remains the second-largest corporate crypto treasury asset after ￰10￱ Asked Questions How many ETH does Bit Digital hold now?

Bit Digital holds approximately 150,244 ETH following the 31,057 ETH purchase, placing it as the sixth-largest public-company Ethereum treasury by disclosed ￰11￱ the purchase debt-funded or equity-funded? The purchase was funded using proceeds from a $150 million convertible notes sale priced at $4.16 per share, which included full exercise of underwriters’ ￰12￱ Bit Digital plan further ETH accumulation? Company leadership stated plans to continue expanding ETH holdings in a cost-effective manner while prioritizing long-term NAV growth for ￰13￱ Takeaways Acquisition size : Bit Digital purchased 31,057 ETH (~$140M). Treasury ranking : Holdings now ~150,244 ETH — sixth-largest public-company ETH ￰14￱ method : Transaction funded by $150M convertible notes; mNAV and institutional participation ￰15￱ Bit Digital’s ETH accumulation — funded via convertible notes — significantly expanded its corporate treasury to over 150,000 ETH, reinforcing institutional demand for ￰16￱ should monitor NAV impacts, corporate treasury trends and on-chain supply shifts as companies increase ETH ￰17￱ continued coverage and updates, follow COINOTAG reporting and official company filings. , "articleBody": "Bit Digital purchased 31,057 ETH (~$140M) using proceeds from a $150M convertible notes ￰18￱ firm now holds approximately 150,244 ETH, ranking sixth among public-company Ethereum ￰19￱ purchase was positioned as accretive to NAV per share and included institutional participation from Kraken Financial, Jump Trading Credit and Jane Street ￰20￱ mNAV as of late September stood at $3.84 per share, supported by Ethereum and subsidiary holdings."