BTC Digital's strategy shifts towards Ethereum, converting all Bitcoin reserves into Ethereum

Foresight News reports that blockchain technology company BTC Digital (NASDAQ: BTCT) has announced a transformative strategic transformation, making Ethereum (ETH) its core asset and operational foundation. As part of this plan, BTCT has completed a $6 million financing and added a $1 million ETH position. In the future, the company plans to convert all existing and future Bitcoin holdings into ETH to build a long-term efficient on chain asset pool and achieve medium to long-term growth around the Ethereum ecosystem.