Catenaa, Monday, July 14, 2025- Nasdaq-listed BTC Digital has established a $1 million Ethereum reserve as part of a broader strategic shift from traditional crypto mining to participation in onchain financial infrastructure, the company announced Friday.
Shares of BTC Digital (BTCT) surged as much as 20% following the announcement, reflecting investor optimism over the company’s move into decentralized finance and Ethereum-based systems. The firm said this initial reserve is the first step in a plan to scale its ETH holdings in response to rising demand for stablecoins, asset tokenization, and decentralized financial services.
CEO Siguang Peng said the Ethereum network has become the core layer for onchain U.S. dollar settlement and value transfer. He added that the ETH reserve would support BTC Digital’s ambitions in DeFi and stablecoin issuance, aligning the company with emerging market infrastructure trends.
Founded in 2006 and listed on Nasdaq in 2020, BTC Digital has a market capitalization of roughly $32 million. The firm is now positioning itself alongside a growing number of companies embracing Ethereum treasuries. Bit Digital, SharpLink, and GameSquare have all expanded their ETH holdings this month, with GameSquare’s board approving a $100 million allocation.
ETH traded near $2,987 at publication time, up nearly 8% on the day. BlackRock’s Ethereum ETF also saw $300 million in daily inflows on Thursday, adding to bullish sentiment around institutional exposure.
BTC Digital said it will adjust its ETH holdings in line with future network upgrades and market conditions.
