On July 12, BTC Digital (BTCT) revealed the creation of a $1 million Ethereum reserve, signaling a strategic pivot from solely offering computing power to becoming an active player in the on-chain financial infrastructure ecosystem. This move reflects BTCT’s commitment to expanding its digital asset portfolio by leveraging market dynamics and upcoming network enhancements. The company emphasized that it plans to incrementally increase its ETH holdings in alignment with evolving blockchain developments, underscoring its long-term vision to integrate deeper into the decentralized finance landscape. This initiative positions BTCT to capitalize on Ethereum’s growing utility and network upgrades, reinforcing its role in the crypto financial sector.
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