The ETH Treasury Race Has Officially Begun | Sam Tabar, CEO of Bit Digital (2nd Largest)

Sam Tabar, CEO of BitDigital, discusses why his company is focusing on ETH treasury strategies. He recounts a conversation with Michael Saylor about Bitcoin and Ethereum, and explains why Ethereum is poised to rewrite the financial system by removing intermediaries and friction. Tabar details BitDigital's ETH holdings, its competitive position among other ETH treasury companies, and the company's plans to increase yields through staking and other DeFi strategies. He emphasizes BitDigital's unique position due to its underlying business and its commitment to aggressively acquiring Ethereum, aiming to be a leader in the ETH treasury space. The conversation also touches on the trend of Bitcoin mining companies transitioning to ETH treasury strategies and the potential risks and rewards of this approach.