TLDR:
- BTC Digital acquires $5M in Ethereum, boosting total holdings to 2135 ETH as part of its aggressive reserve accumulation strategy.
- The company shifts fully from Bitcoin to Ethereum, aiming to build a large ETH pool for staking and decentralized applications.
- Funds from a recent $6M direct offering to institutions were used to strengthen Ethereum reserves and support blockchain initiatives.
- BTC Digital plans to expand ETH reserves to tens of millions by year-end while keeping Bitcoin holdings capped at $1M.
BTC Digital Ltd. (NASDAQ: BTCT), a blockchain technology company based in Singapore, has acquired $5 million in Ethereum, bringing its total holdings to 2,135 ETH. This purchase follows a recent $6M financing round and supports the company’s strategy to grow its Ethereum reserves.
BTC Digital has been shifting its focus from Bitcoin to Ethereum as part of its long-term digital asset plan. The move reflects the company’s growing interest in the Ethereum network and its role in the blockchain sector.
BTC Digital Adds $5 Million in Ethereum Following Financing Round
BTC Digital confirmed the purchase through a press release on July 21, 2025. The company stated that the investment is part of its broader Ethereum accumulation strategy. This acquisition was funded using proceeds from the recently completed $6 million direct offering to institutional investors.
The company’s CEO, Siguang Peng, said, “Ethereum is more than just a digital asset—it represents the foundational infrastructure of the global digital economy.” BTC Digital plans to continue buying Ethereum as it builds a long-term reserve. The company has committed to making future purchases based on market conditions and internal strategies.
The Ethereum reserve is intended to support upcoming projects in areas such as decentralized finance (DeFi) and stablecoin systems. According to company sources, BTC Digital expects these reserves to play a role in future blockchain developments in North America.
Strategic Shift from Bitcoin to Ethereum Now in Progress
BTC Digital began its transition from Bitcoin to Ethereum earlier in 2025. As part of this shift, the company announced that it would convert all of its Bitcoin holdings into Ethereum. The $5M ETH purchase aligns with this strategy and raises its current Ethereum reserve to 2,135 ETH.
The company has also stated it aims to expand its Ethereum reserves to “tens of millions of dollars” by the end of the year. As of now, BTC Digital is focused on building a large Ethereum pool that can be used to support various on-chain operations. These include Ethereum staking and liquidity support for decentralized applications.
The firm’s $6 million financing round involved selling 2 million ordinary shares at $3.00 per share. Aegis Capital Corp. served as the exclusive placement agent. The funds were used mainly to buy Ethereum and support other blockchain-related initiatives.
Long-Term Reserve Strategy and Future Plans
BTC Digital has introduced a reserve program that involves both ETH and BTC holdings. However, with Ethereum now becoming the primary asset, the company has already set aside $1M in a Bitcoin reserve and plans no further Bitcoin purchases. The emphasis has shifted fully to building Ethereum-based financial products and services.
The company maintains a current ratio of 27.49, according to data, suggesting strong liquidity. This financial position supports the company’s continued investments in digital assets without affecting daily operations. BTC Digital says it will continue to monitor market trends and adjust its Ethereum purchases accordingly.
The company operates various blockchain businesses in North America, including mining operations and data center management. As part of its Ethereum-focused strategy, it also plans to support stablecoin systems that rely on the Ethereum network. More information on the company’s projects can be found on its investor relations website.
