Miner BTC Digital listed on the Nasdaq Stock Exchange to switch bitcoin for ethereum in the treasury repair star-news.press/wp

BTC Digital, a mining company in Bitcoin in the United States listed on the Nasdaq Stock Exchange, has announced a comprehensive reform of the treasury strategy by converting all current and future Bitcoin holdings into Ethereum.

According to the hadith advertisementThe company views Ethereum, not only as a basic origin but also as a operating basis for its long -term growth, as it moves away from his traditional business model that focuses on mining.

As part of this step, BTC Digital received $ 6 million of new financing and added a million dollars in the ether. The company plans to use these funds to accelerate the accumulation of ETH, with a goal to build reserves worth tens of millions of dollars by the end of the year.

In addition to liquidating its bitcoin holdings, the company aims to move to what it describes as the “digital asset operator driven by production assets,” the company said. This includes the launch of ETHREM – -based return on the eTHEREUM (DEFI), the asset symbol in the real world (RWA), and the infrastructure projects of the nails.

By rationalizing the company’s decision, CEO Seguanging said that ETAREUM has become a “major platform” for Defi, symbolic assets, and developmentable smart contracts.

“By expanding our digital strategy on ETHEREUM,” Beng, “BTCT creates a strong framework to create value in the long term, various revenue sources, and innovative financial products.”

Among other initiatives, BTC Digital plans to launch ETH Stokeing. The re -generated return to include the reserve growth will be re -invest, which supports the BTCt base. In addition, the company intends to form partnerships via ETHEREUM, including with Layer-2 networks, NFT platforms and Stablecoin Exporters.

Ethereum call as the origin of the Treasury

BTC Digital places ETH not only as a value store but as an asset to generate the return to enhance shareholders ’returns. The company believes that this model, which is rooted in the active participation in the series, provides a better file to form risk than negative bitcoin possesses.

And not only BTC Digital, over the past months, many public companies have adopted the origin of the Treasury.

According to NOOSEF CEO, Ray Youssef, the increasing presence of ETHEREUM in the distinctive symbol of assets in the real world has strengthened its attractiveness greatly as the origin of the Treasury Ministry of Corporates.

With more than $ 5 billion of distinctive cabinet bonds and RWAS now managed to Ethereum, Youssef told Crypto.News that the network “has become the actual layer of compatible financing, on the series.”

The ability to generate the return through the original smoke, along with the contraction fee structure, makes the eth of compound assets with double financial benefit.

For example, the Sharplink Games got more than 280,000 ETH, and it became temporarily the world’s largest car holder in ETHEREM. Almost all of her possessions are sunk, which generates fixed returns on the chain.

However, a few days later, the point of indoor point has about 300,657 ETH, thus creating itself as the largest Ethereum holder for companies so far, with the value of its reserves at more than one billion dollars.

Meanwhile, Gamesquare, who owns Faze CLAN and runs one of the largest game networks in North America, raised more than $ 90 million to finance Ethereum and zigzag.