Bit Digital Purchases $20 Million of Ethereum, Deepening Its Strategic Asset Position

In March, Bit Digital CEO Sam Tabar   publicly wrote that the Ethereum market looked "more like a reset than an ending." NEW YORK, May 28, 2026 /PRNewswire/ -- Bit Digital, Inc. (Nasdaq: BTBT) ("Bit Digital" or the "Company"), a publicly-listed Strategic Asset Company focused on Ethereum strategies, AI/HPC infrastructure, and strategic acquisitions, today announced the purchase of approximately 8,568 Ethereum ("ETH") for $20 million USD.