BTC Digital Invests $1M in Ethereum, Calls It “New Digital Gold”

  • Bitcoin mining firm BTC Digital (NASDAQ: BTCT) has invested $1 million of company funds into Ethereum (ETH), shifting part of its treasury away from Bitcoin in a strategic pivot toward on-chain finance. CEO Siguang Peng announced the move in a press release, calling Ethereum the new digital gold and emphasizing its role as the foundation of on-chain USD settlement and value transfer.