BTBT | Long | Ethereum Treasury Pivot with Capital Backing | (JuBit Digital, Inc.BATS:BTBTRisk_Adj_ReturnBTBT | Long | Ethereum Treasury Pivot with Capital Backing | (July 2025) 1️⃣ Short Insight Summary Bit Digital (BTBT) is in the middle of a strategic transformation—shifting from Bitcoin mining to Ethereum treasury and staking. With heavy ETH accumulation, a pending HPC IPO, and strong cash reserves, this could be an early-stage Ethereum-aligned growth story. 2️⃣ Trade Parameters Bias: Long Entry: Around $2.27–$2.40 zone (attractive weekly support, favorable R:R setup) Stop Loss: Hidden below major consolidation base at ~$1.73 (compound zone, strong invalidation) TP1: $3.68 (first partial exit – take 40% off the table) TP2: $5.00 (final exit for 80%+ position close) Trailing Remainder: Keep small exposure above $5 with stop loss moved to entry or in profit 3️⃣ Key Notes ✅ BTBT has one of the largest institutional ETH holdings, and its $162M ETH-backed raise shows investor confidence ✅ Consolidation since 2023 suggests a base is forming; current range-bound structure could break upward with ETH strength ✅ WhiteFiber spin-out (HPC IPO) could be a value-unlocking catalyst ❌ Still unprofitable with a $79M net loss—execution risk remains ❌ Heavy resistance zones ahead; market needs strong ETH narrative to break through ❌ Dilution from recent offerings could cap upside if investor interest wanes 4️⃣ Optional Follow-up Note Watching this setup closely on weekly and daily. If we break $3.68 with volume, I’ll consider re-entering or extending targets in a future update. Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.