Bit Digital, Inc. (BTBT) Soars: $590M ETH Windfall & Strategic Acquisitions Fuel October Rally
Bit Digital just flexed its crypto muscles—hard. October wasn’t just another month; it was a $590M ETH-powered adrenaline shot to its portfolio. And the firm didn’t stop there. Fresh acquisitions? Check. Wall Street skeptics? Left scrambling.
The ETH Jackpot
While traditional finance nerds crunched Q3 earnings, Bit Digital’s Ethereum stash mooned. That $590M surge? Pure crypto alchemy—turning hodling into a balance sheet superpower.
Expansion Mode: Activated
New mining rigs. Strategic partnerships. The kind of moves that make competitors sweat into their spreadsheets. Because in crypto, you either scale or fade into irrelevance.
The Bottom Line
While banks pay 0.1% on savings accounts, Bit Digital’s playing a different game. Volatility? Sure. But try finding a 10x opportunity in your grandma’s bond portfolio. Exactly.
TLDR
- Bit Digital’s ETH holdings hit $590.5M in October 2025.
- Bit Digital acquires 31,057 ETH, boosting market position.
- Ethereum staking generates 249 ETH rewards in October 2025.
- Bit Digital’s average acquisition price for ETH: $3,045.14.
- Bit Digital leads in Ethereum staking with 132,480 ETH staked.
Bit Digital, Inc. (BTBT) stock price from around 3.05 to 2.90, a drop of approximately 4.08%.
Bit Digital, Inc., BTBT
BTBT reported significant growth in its ethereum holdings and staking activities for October 2025. The company’s Ethereum treasury reached a market value of approximately $590.5 million by the end of the month. Alongside this, Bit Digital made substantial acquisitions, adding 31,057.3 ETH to its portfolio, reinforcing its position in the Ethereum market.
Ethereum Holdings Reach $590.5 Million
As of October 31, 2025, Bit Digital’s Ethereum holdings totaled approximately 153,546.9 ETH, valued at $590.5 million. This marks a notable increase in the value of its crypto assets, fueled by the rise in Ethereum’s price. With a closing price of $3,845.79 per ETH at the month’s end, Bit Digital has seen strong growth in its digital asset portfolio.
The company’s focus on accumulating Ethereum has positioned it as a significant player in the digital asset space. This strategy continues to provide value through its Ethereum-native treasury and staking approach. As the value of Ethereum increased during October, Bit Digital’s total holdings appreciated, further strengthening its financial position.
In total, Bit Digital holds a considerable share of Ethereum, underscoring its commitment to expanding its crypto assets. The company’s strategic focus on Ethereum staking is also delivering robust returns, contributing to the growth in market value. These holdings reflect the company’s long-term approach to building wealth through digital assets.
New ETH Acquisitions and Average Acquisition Price
During October, Bit Digital acquired an additional 31,057.3 ETH, marking a strategic increase in its Ethereum holdings. The company’s total average acquisition price for its ETH holdings stands at $3,045.14. This price reflects a sound approach to acquiring Ethereum at favorable market conditions.
Bit Digital’s ongoing acquisition strategy demonstrates its commitment to growing its Ethereum assets. By adding significant quantities of ETH at strategic times, the company continues to reinforce its market position. These new acquisitions align with Bit Digital’s broader goals of building a robust Ethereum treasury for the future.
The company’s strategic approach to ETH acquisitions positions it to capitalize on Ethereum’s market movements. As the price of Ethereum continues to evolve, Bit Digital remains poised to benefit from its expanding treasury. The market value of these new acquisitions further contributes to the company’s financial growth.
Staking Operations Generate Yield and Expand ETH Holdings
Bit Digital has also continued to grow its staked Ethereum holdings, with a total of 132,480 ETH staked by the end of October. This represents about 86.3% of the company’s total Ethereum holdings. The staking operations have generated approximately 249 ETH in rewards during the month, yielding an annualized return of 2.93%.
The company’s staking efforts provide a steady stream of income through Ethereum rewards, contributing to its overall yield optimization. Bit Digital’s expertise in Ethereum staking positions it among the top institutional players in the field. By maintaining a large portion of its ETH holdings in staking, the company ensures a strong and sustainable income stream.
Bit Digital’s staking strategy not only enhances its ETH portfolio but also contributes to Ethereum’s network security. As the company continues to stake large amounts of Ethereum, it plays an essential role in Ethereum’s proof-of-stake system. This strategy supports Bit Digital’s goal of delivering exposure to on-chain yield through secure and scalable methods.
Bit Digital’s strong ETH treasury and staking activities have positioned the company for future growth, with a focus on delivering stable and secure returns. The company’s monthly report underscores its commitment to maintaining a leading role in the digital asset space. Through its strategic initiatives, Bit Digital continues to expand its market presence and financial stability.