Gate News message: On April 13, according to monitoring by Onchain Lens, Bit Digital—an Nasdaq-listed mining company—staked 29.9k ETH, worth approximately $65.3 million.

Gate News update, on April 13, BIT posted on X, saying that Bitcoin ETF fund flows have just turned positive again, and that it may achieve a continuous second month of net inflows. BIT noted that the current trend is highly similar to the same period in 2025, when early-year fund inflows were lackluster but were later followed by a concentrated surge of nearly $30 billion, driving a rebound after the tariff policy was implemented in April, and continuing through October. BIT said that net inflows resumed in March, which was the first time it turned positive since the pullback that began last October.

Bit Digital’s monthly report released on April 7 shows that, as of March 31, 2026, it held approximately 155,444.4 ETH, with a market value of about $327 million. The company’s ETH staking amount fell to 96,322 ETH in March, aiming to pursue other returns and capital allocation opportunities.

Gate News message: On April 7, according to monitoring by Onchain Lens, Bitcoin mining company Bit Digital staked 43,335 ETH via liquid_col, worth approximately $91.34 million.

On April 6, BIT released a report stating that market trading volumes have shrunk. Bitcoin ETFs saw net inflows of $1.3 billion, while Ethereum continued to experience outflows. Geopolitical risks have not dissipated, and put-option strategies are increasingly favored. The Ethereum options market has shown significant changes, with traders choosing to sell call options more often to earn premiums.

Bit Digital has filed a lawsuit in New York, accusing Blockfusion founder Martini-Lo Manto of being involved in a $5 million cryptocurrency fraud, attempting to cover up his investment funds through a merger. Bit Digital aims to stop the merger and recover its funds through the lawsuit.

According to the BIT on Target report, Bitcoin should be understood from the perspective of liquidity and capital flows. At present, market sentiment is cautious, trading activity and fund flows are unclear, and in the short term it may remain range-bound with fluctuations, but there are still structural opportunities.

Google Research has released the TurboQuant algorithm, which can compress the KV cache of large language models to 3 bits, reducing memory usage by at least 6 times while maintaining accuracy without requiring training. The algorithm optimizes traditional quantization through two sub-algorithms: PolarQuant and QJL. Testing shows excellent performance across multiple long-context benchmarks.

BIT (formerly Matrixport) points out that gold prices pulling back to $4,400 may attract buying interest, with support at $3,500. Although rising real rates pose short-term pressure on gold prices, in the medium to long term, sovereign debt expansion and geopolitical tensions will continue to support gold demand.

Matrixport has rebranded to BIT, expanding its services in digital finance, including custody and trading. Users' accounts remain unaffected. The company manages over $6 billion in assets and operates in seven countries with multiple licenses.