BTC Digital Ltd. has completed a registered direct offering to institutional investors, selling 2 million shares at $3 each to fund Ethereum purchases.
BTC Digital Ltd. has finalized a $6 million agreement with institutional investors for a direct offering, selling 2,000,000 shares at $3.00 each. The net proceeds will be utilized to purchase Ethereum, reflecting the company's strategic commitment to expanding its digital asset portfolio, particularly amid increasing institutional interest in cryptocurrencies.