Bit Digital reports no new ETH buys in Q3, sells $3.4M worth

Nasdaq-listed Bit Digital, which is focused on Ethereum investment, said it held about 163,726 ETH worth $439.4 million as of the end of the third quarter this year. Of that total, 74,606 ETH worth $200 million was held directly. During the third quarter, the company staked 73,683 ETH in liquid staking and received 66,192 LsETH. It used 19,000 LsETH as loan collateral. Over the same period, Bit Digital sold 1,625 ETH at an average price of $2,114.6, securing about $3.4 million, and made no new ETH purchases.