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Bit Digital aims stealth power play in Ethereum’s ecosystem after amassing $436m ETH

Ethereum’s proof-of-stake era has created new power dynamics, and Bit Digital appears to be positioning itself at the center. With $436 million in ETH acquired, and the majority of it staked, the company could significantly influence network security and governance decisions. Nasdaq-listed company Bit Digital announced on July 18 that it has added 19,683 Ether … Read more

Abu Dhabi sovereign wealth fund steps into Bitcoin with a $436M ETF investment

Key Takeaways Mubadala Investment Company invested $436.9 million in iShares Bitcoin Trust ETF during Q1 2024. This is one of the inaugural crypto asset investments by a major sovereign wealth fund. Share this article Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund, purchased $436.9 million worth of iShares Bitcoin Trust (IBIT) shares in the first … Read more

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