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Bit Digital, an Ethereum Treasury Company, Pledges Over 86% of ETH Holdings

Summary: According to reports, NASDAQ-listed Ethereum treasury company Bit Digital announced plans to use Ethereum staking provider Figment to enhance its ETH strategy. The company also disclosed that it has pledged over 86% of its ETH holdings. Bit Digital previously announced an increase in the size of its fundraising through the issuance of convertible bonds to ...

According to reports, NASDAQ-listed Ethereum treasury company Bit Digital announced plans to use Ethereum staking provider Figment to enhance its ETH strategy. The company also disclosed that it has pledged over 86% of its ETH holdings. Bit Digital previously announced an increase in the size of its fundraising through the issuance of convertible bonds to $135 million from the previous $100 million, with the expected completion of the transaction on October 2, 2025.

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