The firm said it purchased 8,568 ether on May 11 at an average price of $2,334. Since then, ETH broke below $2,000, leaving the firm sitting at a $3 million unrealized loss. Ethereum treasury firm Bit Digital purchased 8,568 ETH for $20 million on May 11, its first ETH buy since October. Ether slid below $2,000 Thursday, declining roughly 15% since the purchase and putting the acquisition roughly $3 million underwater. Most digital asset treasuries scaled back or halted crypto accumulation over…
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