Wu Blockchain has learned from Les Echos that Ethereum treasury company Bit Digital (NASDAQ: BTBT) has completed the acquisition of a controlling stake in Euronext-listed company Financière Marjos. By taking over the general partner Financière Louis David (holding 15.9%) and directly acquiring a 9.1% stake, Bit Digital now controls a total of 25% of the company’s shares. The company plans to implement a digital asset treasury strategy centered on Ethereum, make direct investments, and expand AI infrastructure, and is planning to change its name to Bit Digital Europe. Management stated that this move will bring a major U.S. crypto asset treasury player to the Paris market, strengthening the European digital asset ecosystem.
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Wu Blockchain has learned from Les Echos that Ethereum treasury company Bit Digital (NASDAQ: BTBT) has completed the acquisition of a controlling stake in Euronext-listed company Financière Marjos. By taking over the general partner Financière Louis David (holding 15.9%) and directly acquiring a 9.1% stake, Bit Digital now controls a total of 25% of the company’s shares. The company plans to implement a digital asset treasury strategy centered on Ethereum, make direct investments, and expand AI infrastructure, and is planning to change its name to Bit Digital Europe. Management stated that this move will bring a major U.S. crypto asset treasury player to the Paris market, strengthening the European digital asset ecosystem.