Bit Digital announces ordinary shares offering, no amount given

Bit Digital (BTBT) announced that it has commenced an underwritten public offering of its ordinary shares. All of the ordinary shares to be sold in the proposed offering will be offered by the company. The company intends to use the net proceeds from the proposed offering to purchase Ethereum. B. Riley Securities is acting as the sole bookrunning manager in the offering. Clear Street, Craig-Hallum and Northland Capital Markets are acting as co-managers in the offering.