BTC Digital is announcing a strategic shift to Ethereum, converting all Bitcoin reserves to Ethereum.

By: theblockbeats.news|2025/07/17 13:22:10

BlockBeats News, July 17th, Blockchain technology company BTC Digital (Nasdaq stock code: BTCT) announced a transformative strategic shift, with Ethereum (ETH) as its core asset and operational foundation. As part of this plan, BTCT has completed a $6 million financing round and added a $1 million ETH position. In the future, the company plans to convert all existing and future Bitcoin holdings into ETH to construct a long-term, efficient on-chain asset pool and achieve medium- to long-term growth around the Ethereum ecosystem.

From South Korea and the OECD accelerating the implementation of crypto regulation and compliance frameworks, to the simultaneous development of TAO ETFs, privacy technologies, mining, and Bitcoin reserves, while security incidents and financial losses continue to rise, the crypto market has entered a new phase amid multiple challenges of "strong regulation + technological evolution + amplified risks."

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