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BTC Digital Raises Additional $1.8M in Public Offering
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BTC Digital Raises Additional $1.8M in Public Offering

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BTC Digital ( (BTCT) ) has provided an update.

BTC Digital Ltd. announced that its underwriter, Aegis Capital Corp., has exercised its option to purchase an additional 228,853 Ordinary Shares at $8.00 per share, generating approximately $1.8 million in additional gross proceeds. This exercise increases the total shares sold in the public offering to 1,108,853 and total gross proceeds to about $8.8 million, enhancing BTC Digital’s financial positioning in the blockchain industry.

More about BTC Digital

BTC Digital Ltd. is a blockchain technology company with a focus on creating value in the metaverse, blockchain, and cryptocurrency mining industries. The company is engaged in cryptocurrency mining, mining farm construction, mining pool and data center operations, and miner accessories businesses, primarily in North America.

YTD Price Performance: 71.78%

Average Trading Volume: 3,777,508

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $41.61M

See more insights into BTCT stock on TipRanks’ Stock Analysis page.

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