Ethereum News Today: BTC Digital Ltd. Shifts Focus to Ethereum, Boosts ETH Holdings by 167%

BTC Digital Ltd. has announced a significant strategic shift, transitioning its focus from Bitcoin to Ethereum. This move is part of a broader initiative to embrace Ethereum as its core asset and operational foundation. The company has successfully closed a $6 million financing round and added a new $1 million ETH position, demonstrating a strong commitment to the Ethereum ecosystem. BTCT plans to convert all existing and future Bitcoin holdings into ETH, aiming to build a long-term, productive on-chain asset pool. This strategic shift is designed to anchor the company's mid- and long-term growth around Ethereum's decentralized finance, real-world asset tokenization, and scalable smart-contract innovation.

The company's CEO, Mr. Siguang Peng, highlighted that Ethereum has emerged as the premier platform for these technologies. By reallocating its digital-reserve strategy toward ETH, BTCT aims to position itself at the forefront of next-generation on-chain finance. This pivot not only aligns the company with one of the fastest-growing crypto assets but also enables it to participate directly in staking, DeFi protocols, real-world asset (RWA) initiatives, and other leading Ethereum-based opportunities.

BTCT's roadmap includes several key initiatives. The company plans to leverage the recent $6 million financing to accelerate ETH accumulation, targeting aggregate ETH reserves in the tens of millions of dollars by year-end. Additionally, BTCT will launch a comprehensive ETH staking program to secure network operations and earn predictable rewards, with plans to reinvest staking yields to compound reserve growth over time. The company also intends to engage in high-quality DeFi, RWA, and stablecoin projects built on Ethereum, forging partnerships to broaden use cases and drive utility for ETH holdings.

Looking ahead, BTCT will evolve from a mining-driven business into a production-asset-driven digital-asset operator, anchored by Ethereum. Key initiatives include building ETH-backed yield pools to generate sustainable cash flows, developing stablecoin reserves, cross-chain settlement rails, and on-chain asset issuance platforms leveraging ETH, and expanding strategic alliances across Ethereum's DeFi, NFT, and Layer-2 scaling communities. According to the company, this pivot will deliver superior risk-adjusted returns for shareholders and position BTCT as a pioneer in the emerging on-chain economy.

This strategic shift by BTCT is indicative of a broader industry trend where publicly traded companies are increasingly bulking up their ETH treasuries. The move brings BTCT closer to the reserve model of Bitcoin, which assumes a more proactive involvement in the Ethereum ecosystem in terms of operation and finances. The company predicts that the created strategy will bring the shareholders better risk-adjusted returns and an unprecedented level of operation in the on-chain economy.

Ether’s market performance supports BTCT’s timing. ETH has been in an uptrend in the last two weeks, rising more than 40 percent, and its price is approaching its highest in the first months of 2025, which indicates that investors are more interested in the currency and show more confidence in its future. BTC Digital is not the only industry player to proclaim Ethereum as a support pillar of future growth and innovation, as BitMine and SharpLink, among others, have announced their holdings valued in billions.