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Bit Digital reaches approximately $67.3 million in stock placement financing agreement to continue purchasing ETH

Online reports that Bit Digital, Inc., a Nasdaq-listed company, announced that it has cooperated with B. Riley Securities, Inc. has reached a stock placement agency agreement to sell 22 million shares of common stock at an issue price of US$3.06 per share. It is expected to raise approximately US$67.3 million. The company plans to use the net proceeds of this fundraising to purchase Ethereum (ETH). It is reported that preliminary prospectus supplements and final prospectus supplements related to this offering have been submitted to the U.S. Securities and Exchange Commission.

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