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BTC Digital ( (BTCT) ) has provided an update.
On July 15, 2025, BTC Digital Ltd. announced a registered direct offering of its ordinary shares, raising approximately $6.0 million from institutional investors. The offering, priced at $3.00 per share, is expected to close on or about July 16, 2025, with proceeds intended for the purchase of Ethereum. This move is part of BTC Digital’s strategy to strengthen its position in the blockchain industry, potentially impacting its operations and market presence.
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 engaged in developing 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: 575,022
Technical Sentiment Signal: Sell
Current Market Cap: $31.95M
For a thorough assessment of BTCT stock, go to TipRanks’ Stock Analysis page.