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The latest announcement is out from BTC Digital ( (BTCT) ).
On July 16, 2025, BTC Digital Ltd. announced the successful closing of a $6.0 million registered direct offering with institutional investors, involving the sale of 2,000,000 Ordinary Shares at $3.00 each. The company plans to use the net proceeds from this offering, along with existing cash, to purchase Ethereum, potentially enhancing its operations and market position in the blockchain sector.
More about BTC Digital
BTC Digital Ltd. is a blockchain technology company focused on creating value in the metaverse, blockchain, and cryptocurrency mining industry. The company is involved in various blockchain-related businesses in North America, including cryptocurrency mining, mining farm construction, mining pool and data center operation, and miner accessories business.
Average Trading Volume: 613,683
Technical Sentiment Signal: Sell
Current Market Cap: $29.39M
See more insights into BTCT stock on TipRanks’ Stock Analysis page.