19.07.2025 08:02

BTC Digital Ltd. (NASDAQ: BTCT), a blockchain technology company, has dramatically altered its core strategy, abandoning Bitcoin in favor of Ethereum. This bold move, following a successful $6 million funding round, marks a significant pivot toward Ethereum's expanding ecosystem. The company plans to convert its existing and future Bitcoin holdings into Ether (ETH), aiming to amass tens of millions of ETH before year's end.

This transformation positions BTC Digital as a production-asset-based digital asset firm, leveraging Ethereum's decentralized finance (DeFi) capabilities and smart contract technology. Their initial step involved acquiring 1 million ETH, bolstering their Ethereum portfolio significantly. This decision reflects the company's belief in Ethereum's dominance in DeFi, real-world asset tokenization, and scalable smart contract solutions.

BTC Digital's strategic shift encompasses a comprehensive engagement with the Ethereum ecosystem. A key component of this is a large-scale ETH staking program, designed to secure the network and generate consistent returns. These staking rewards will be reinvested, accelerating the growth of their ETH reserves through compounding. Furthermore, the company intends to actively participate in Ethereum-based DeFi protocols, real-world asset tokenization initiatives, and layer-2 scaling solutions.

The company's statement emphasizes the creation of a holistic, Ethereum-centric structure for generating long-term value. This approach anticipates multiple avenues for profit generation, including staking returns, diverse DeFi integrations, and potential stablecoin development. This decisive shift represents a significant gamble on Ethereum's future, transforming BTC Digital from a Bitcoin-focused entity into a key player within the broader Ethereum landscape. This restructuring, gleaned from internet sources, signals a major realignment in the crypto investment strategies of publicly traded companies.