Thursday, July 17, 2025
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Ethereum

BTCT Announces Strategic Pivot to Ethereum, Converting All Bitcoin Reserves into ETH

cryptonews100_tggfrn by cryptonews100_tggfrn
July 17, 2025
in Ethereum
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Sign up an get up to $1000 USDT!


SINGAPORE, July 17, 2025 /PRNewswire/ – BTC Digital Ltd. (“BTCT” or the “Firm”) (NASDAQ: BTCT), a leading blockchain technology company, today announced a transformative, strategic shift to fully embrace Ethereum (ETH) as its core asset and operational foundation. As part of this initiative, BTCT has closed a $6 million financing round and added a new $1 million ETH position. Going forward, the Company intends to convert all existing and future Bitcoin (BTC) holdings into ETH to build a long‑term, productive on‑chain asset pool and to anchor its mid‑ and long‑term growth around the Ethereum ecosystem.

“Ethereum has emerged as the premier platform for decentralized finance, real‑world asset tokenization, and scalable smart‑contract innovation,” said Mr. Siguang Peng, CEO of BTCT. “By reallocating our digital‑reserve strategy toward ETH, we are positioning BTCT at the forefront of next‑generation on‑chain finance. This pivot not only positions us with one of the fastest‑growing crypto assets, but also enables us to participate directly in staking, DeFi protocols, RWA initiatives, and other leading Ethereum‑based opportunities.”

As one of the first publicly traded companies to declare Ethereum its strategic core asset—alongside peers such as BMNR, SBET, and BTBT—BTCT’s roadmap includes:

  1. Rapid Reserve Expansion
    • Leverage the recent $6 million financing to accelerate ETH accumulation.
    • Target aggregate ETH reserves in the tens of millions of dollars by year‑end.
  2. Staking and Yield Generation
    • Launch a comprehensive ETH staking program to secure network operations and earn predictable rewards.
    • Reinvest staking yields to compound reserve growth over time.
  3. Active Ecosystem Participation
    • Engage in high‑quality DeFi, Real‑World Asset (RWA), and stablecoin projects built on Ethereum.
    • Forge partnerships to broaden use cases and drive utility for ETH holdings.

Looking Ahead
BTCT will evolve from a mining‑driven business into a production‑asset‑driven digital‑asset operator, anchored by Ethereum. Key initiatives include:

  • ETH‑Backed Yield Pools: Build staking‑and‑liquidity pools to generate sustainable cash flows.
  • Inclusive Infrastructure: Develop stablecoin reserves, cross‑chain settlement rails, and on‑chain asset issuance platforms leveraging ETH.
  • Ecosystem Integration: Expand strategic alliances across Ethereum‘s DeFi, NFT, and Layer‑2 scaling communities.

“By centering our digital‑asset strategy on Ethereum, BTCT is creating a robust framework for long‑term value creation, diversified yield sources, and innovative financial products,” added Mr. Siguang Peng, CEO of BTCT. “We believe this pivot will deliver superior risk‑adjusted returns for shareholders and position BTCT as a pioneer in the emerging on‑chain economy.”

About BTC Digital Ltd.

BTC Digital Ltd. is a blockchain technology company, with a long-term strategy to create value across the metaverse, blockchain and cryptocurrency mining industry. The Company is committed to developing blockchain related businesses in North America, including cryptocurrency mining, mining farm construction, mining pool and data center operation, and miner accessories business.

For more information, please visit: https://btct.investorroom.com/

Protected Harbor Assertion

This information launch accommodates forward-looking statements throughout the that means of Part 21E of the Securities Change Act of 1934, as amended, and as outlined within the U.S. Non-public Securities Litigation Reform Act of 1995.  These forward-looking statements will be recognized by terminology comparable to “will”, “expects”, “anticipates”, “future”, “intends”, “plans”, “believes”, “estimates”, “goal”, “going ahead”, “outlook” and comparable statements.  Such statements are based mostly upon administration’s present expectations and present market and working circumstances and relate to occasions that contain identified or unknown dangers, uncertainties and different elements, all of that are tough to predict and lots of of that are past the Firm’s management, which can trigger the Firm’s precise outcomes, efficiency or achievements to differ materially from these within the forward-looking statements.  Additional info concerning these and different dangers, uncertainties or elements is included within the Firm’s filings with the U.S. Securities and Change Fee. The Firm doesn’t undertake any obligation to replace any forward-looking assertion because of new info, future occasions or in any other case, besides as required below regulation.

SOURCE BTC Digital Ltd.



Source link

Related articles

US Spot Ether ETFs Daily Inflows Hit Record High

US Spot Ether ETFs Daily Inflows Hit Record High

July 17, 2025
Ethereum Price Prediction: Vitalik Says ETH Is Ready for the “Quantum Era” – $10,000 ETH in 2025

Ethereum Price Prediction: Vitalik Says ETH Is Ready for the “Quantum Era” – $10,000 ETH in 2025

July 17, 2025
Tags: AnnouncesBitcoinBTCTConvertingETHEthereumPivotreservesStrategic
Share76Tweet47
Drive and walk to earn crypto!

Related Posts

US Spot Ether ETFs Daily Inflows Hit Record High

US Spot Ether ETFs Daily Inflows Hit Record High

by cryptonews100_tggfrn
July 17, 2025
0

Replace (July 17 at 6:10 am UTC): This text has been up to date to incorporate information about altcoin costs...

Ethereum Price Prediction: Vitalik Says ETH Is Ready for the “Quantum Era” – $10,000 ETH in 2025

Ethereum Price Prediction: Vitalik Says ETH Is Ready for the “Quantum Era” – $10,000 ETH in 2025

by cryptonews100_tggfrn
July 17, 2025
0

Press launch 4 hours in the past This content material is offered by a sponsor In a current look on...

Ethereum’s ‘Trustware’ Era Could Push ETH to $15.8K, Says Consensys

Ethereum’s ‘Trustware’ Era Could Push ETH to $15.8K, Says Consensys

by cryptonews100_tggfrn
July 16, 2025
0

As Ethereum nears its tenth anniversary, blockchain firm Consensys is proposing a brand new means to take into consideration the...

Will $46B Record Open Interest Send ETH to $3OK?

Will $46B Record Open Interest Send ETH to $3OK?

by cryptonews100_tggfrn
July 16, 2025
0

Key takeaways:Ether’s open curiosity has rallied 64% since June 22 to a document excessive of $46 billion. Analysts say ETH may...

Peter Thiel acquires over 9% stake in Tom Lee-led Ethereum treasury firm

Peter Thiel acquires over 9% stake in Tom Lee-led Ethereum treasury firm

by cryptonews100_tggfrn
July 16, 2025
0

Key Takeaways Peter Thiel, PayPal co-founder, has acquired a 9.1% stake in Fundstrat's Ethereum Treasury firm. The acquisition was revealed...

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

Peter Thiel’s fund reveals 9.1% stake in BitMine, shares explode higher

Peter Thiel’s fund reveals 9.1% stake in BitMine, shares explode higher

July 17, 2025
Best Cryptos to Buy For Life-changing Gains: Unilabs, Polygon, and Pi Network

Best Cryptos to Buy For Life-changing Gains: Unilabs, Polygon, and Pi Network

July 17, 2025
Polkadot (DOT), Chainlink (LINK) And Remittix (RTX) Could Be The Dark Horses of Altseason 2025

Polkadot (DOT), Chainlink (LINK) And Remittix (RTX) Could Be The Dark Horses of Altseason 2025

July 17, 2025

Categories

  • Bitcoin
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Elon Musk
  • Ethereum
  • Exchanges
  • Litecoin
  • Pokadot
  • Polygon
  • Real World Assets
  • Shiba Inu
  • Solana
  • sui
  • World Liberty Financial
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (130) Bitcoin (526) BlockDAG (85) BTC (159) bullish (87) Buy (171) Cardano (216) ChainLink (168) crypto (607) Cryptocurrency (209) Detail (99) DOGE (111) Dogecoin (204) ETF (129) ETH (142) Ethereum (302) flash (100) hits (79) Inu (156) key (84) launches (98) Link (85) market (167) million (87) News (304) Polkadot (106) POLYGON (110) prediction (97) Presale (82) price (457) rally (103) RWA (103) SHIB (94) Shiba (164) SOL (99) Solana (278) Sui (174) Surge (88) Surges (82) token (89) top (142) trading (76) TradingView (91) Trump (130) XRP (375)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
  • Crypto Related DEALS

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.