BTC Digital Bets Big: Swaps All Bitcoin for Ethereum in Radical Shift

BTC Digital, a Nasdaq-listed blockchain technology company, has launched a dramatic shift by converting all its Bitcoin reserves into Ethereum. The move comes alongside a $6 million financing round, with a new $1 million ETH position already added. This pivot positions BTC Digital to anchor future operations around Ethereum as the core digital asset, leaving behind its previous focus on Bitcoin entirely.

The company outlined targeted growth, aiming to build long-term ETH reserves in the “tens of millions of dollars” before the end of the year. The shift involves not just a change in reserve policy, but a total transition from Bitcoin-centric mining to becoming a full-scale digital asset operator centered on the Ethereum network.

Ethereum Leap: BTC Digital Targets DeFi and Staking Dominance

Company plans include deploying ETH assets across staking, decentralized finance (DeFi) protocols, and real-world asset tokenization projects. BTC Digital confirmed that staking programs will be central, enabling the firm to earn predictable rewards and compound reserve growth. These initiatives will build productive on-chain asset pools, replacing the traditional model of holding Bitcoin as a reserve cryptocurrency.

“This strategy places us at the heart of next-generation on-chain finance,” stated BTC Digital’s leadership, who highlighted ETH’s lead in smart contracts, DeFi, and tokenization as the prime drivers for this overhaul. In addition to staking, the company will pursue ETH-backed yield pools and infrastructure developments supporting stablecoins and cross-chain settlements.

BTC Digital’s strategic roadmap positions it alongside a growing cohort of public companies selecting Ethereum as their core treasury asset. Data shows peers in the sector, including BitMine and others, have collectively amassed significant ETH reserves, underscoring a broader institutional pivot to the Ethereum blockchain for asset management.

Corporate Ethereum Reserves Signal Surging Confidence

BTC Digital’s reallocation arrives as institutional adoption of Ethereum accelerates. According to sector data, publicly listed companies now hold more than $1.5 billion in ETH collectively, underscoring confidence in Ethereum as a backbone for decentralized finance and asset tokenization. The company’s aggressive accumulation targets are set against a backdrop of favorable crypto regulation and a strong rally in the price of Ether, which recently hit a six-month high.

Planned ETH expansion is underpinned by the company’s view of Ethereum providing a scalable, innovative, and yield-generating ecosystem. “By putting Ethereum at the center of our reserves, we position ourselves to directly benefit from the surge in DeFi, staking yields, and tokenized asset markets,” shared company officials in the announcement.

BTC Digital’s pivot marks a direct challenge to the traditional corporate crypto reserve model and highlights Ethereum’s emergence as the preferred on-chain financial infrastructure. As the company executes on its roadmap, its operational and treasury strategies signal bold institutional confidence in a decentralized, smart contract-powered future.

3 Key Takeaways

• BTC Digital converts all Bitcoin reserves into Ethereum, targeting tens of millions in ETH.

• Firm pivots from mining model to focus on staking, DeFi, and asset tokenization.

• Institutional shift positions Ethereum as central to next-gen corporate treasury strategies