BTC Digital Closes $20 Million Public Stock Offering -- Share Fall

MT Newswires Live

2024/12/10

BTC Digital (BTCT) said Monday it has completed an underwritten public offering of 2.5 million ordinary shares and prefunded warrants at $8 a share for gross proceeds of $20 million.

The company said Aegis Capital, the sole bookrunning manager, has been granted a 45-day option to buy 15% additional shares.

BTC Digital stock was down nearly 4% in recent trading.

Price: 10.13, Change: -0.38, Percent Change: -3.57

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