US-listed company BTC Digital plans to raise US$6 million to purchase ETH

Crypto 7x24

2025-07-15 22:17:11

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According to online reports, Nasdaq-listed company BTC Digital announced that it has reached a final agreement with institutional investors to raise US$6 million through the issuance of common shares. The transaction is expected to be completed around July 16, 2025, but Subject to customary transaction conditions, the company is expected to use the net proceeds of the issuance and its existing cash to purchase ETH.

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