<p><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDcvMDE5N2U1OGQtMmM3Yy03MmQwLThjZTEtMzAyMDhjZmIxZDNj.jpg" alt="Bit Digital shifts treasury strategy with 100K ETH buy; stock surges 29%"></p><p>Bit Digital is now the second-largest publicly traded ETH holder, behind Coinbase.</p>