BTCT Announces Establishment of $1 Million Ethereum Strategic Reserve

by Giorgi Kostiuk

5 days ago

BTCT has officially launched a $1 million strategic reserve in Ethereum, marking its transition from crypto mining to a more active role in decentralized finance.

Shift to DeFi

The launch of the ETH reserve highlights BTCT's growing conviction in Ethereum's role as a core platform for financial infrastructure, including stablecoin issuance, asset tokenization, and decentralized payments.

ETH Accumulation Strategy

BTCT's CEO Siguang Peng noted that the established reserve is just the beginning of a broader ETH accumulation strategy designed to leverage Ethereum's increasing dominance in the digital economy.

Ethereum Market and Institutional Support

Ethereum remains the dominant network for major stablecoins like USDT and USDC and benefits from growing institutional support, with increasing integration of ETH into the treasuries of other blockchain firms.

BTCT's strategy reinforces the company's position in decentralized finance and reflects the broader trend of increasing interest in Ethereum as an asset.

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