Bit Digital Secures 162.9 Million Boost, Stock Price Soars
Bit Digital (BTBT) has made headlines with a significant announcement. The company successfully raised an impressive 21.4 million dollars after underwriters fully exercised the option to purchase an additional 11.25 million ordinary shares. This fundraising pushes their treasury strategy for Ethereum to new heights, encouraging investor confidence and leading to a surge in stock prices. The cryptocurrency community watches closely as Bit Digital continues to leverage its position in the evolving digital finance landscape. With this boost, the firm aims to fortify its strategies and enhance shareholder value.