Bit Digital’s Bold Pivot: Soaring 26% After Dumping Bitcoin for Ethereum

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2025-07-07 15:13:19

Crypto Miner Bit Digital Up 26% After Swapping Bitcoin for Ether

Crypto miner Bit Digital just pulled off a high-stakes portfolio shuffle—and investors are loving it. The company's stock skyrocketed 26% after swapping its Bitcoin holdings for Ethereum. Here's why the market is cheering.

Betting on the Merge 2.0?

While Bitcoin maximalists hyperventilate into their orange-pilled Twitter feeds, Bit Digital's move signals a quiet confidence in Ethereum's post-merge roadmap. Never mind that both assets still trade like leveraged tech stocks—just with more volatile Fed reactions.

Wall Street's crypto flirtation continues

Another day, another institutional player treating crypto like a buffet line—loading up on whatever's hot while pretending it's a 'strategic allocation.' At least this time the algo-traders got the memo before the press release dropped.

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