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via Cointelegraph · By Cointelegraph Staff

Bit Digital Expands ETH Holdings to 158K Ether After $20M Purchase

ETH

ETH/USDT

$2,694.59

+0.29%

$2,694.59

+0.29%

(24s)

24h Volume

$10,584,569,535.23

24h H/L

$2,743.00 / $2,668.84

Change: $74.16 (2.78%)

Long/Short

60.2%

Long: 60.2%Short: 39.8%

Funding Rate

+0.0014%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,688.58

▼ -0.11%

Volume (24h): -

Resistance Levels

Resistance 3$3,143.74

Resistance 2$2,778.89

Resistance 1$2,700.65

Price$2,688.58

Support 1$2,681.00

Support 2$2,567.67

Support 3$2,314.75

Pivot (PP):$2,700.65

Trend:Uptrend

RSI (14):63.3

Cointelegraph Staff

(09:32 PM UTC)

1 min read

Verified bySarah Chen

0 comments

Bit Digital purchased $20 million worth of Ether earlier this month, increasing its holdings to roughly 158,462 ETH.

The Nasdaq-listed company said Thursday it acquired 8,568 ETH (ETH) on May 11 at an average price of $2,334.25 per token.

CEO Sam Tabar said the purchase reduced Bit Digital’s average ETH acquisition cost and was part of the company’s strategy to grow net asset value per share…

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Source

Cointelegraph Staff · Cointelegraph

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