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Bit Digital bought $20 million ETH for first time since October before 15% plunge

Crypto CoinDesk By Krisztian Sandor 28 May 2026 13:27 1 min read
Bit Digital bought $20 million ETH for first time since October before 15% plunge

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.

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.

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