BTC Digital raised $6 million, intended for purchasing ETH.

[Coin World] Nasdaq-listed company BTC Digital announced that it has reached a final agreement with institutional investors to raise 6 million USD through the issuance of common stock. This transaction is expected to be completed around July 16, 2025, but is subject to customary closing conditions. The company anticipates using the net proceeds from this issuance and its existing cash to purchase ETH.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Share
Comment
0/400
just_here_for_vibesvip
· 9h ago
Is this all the money? Are you rushing for the card?
View OriginalReply0
DefiPlaybookvip
· 15h ago
TVL data shows that this move indicates a bearish outlook for BTC.
View OriginalReply0
MEVSandwichVictimvip
· 22h ago
Just hold ETH, don't do anything else, that's it.
View OriginalReply0
NFTArtisanHQvip
· 07-15 14:08
in a rather duchampian twist, btc digital pivots from mechanical reproduction to pure eth acquisition... quite the paradigm shift
Reply0
BankruptcyArtistvip
· 07-15 14:08
Let's buy the dip on ETH while running in.
View OriginalReply0
MetaNeighborvip
· 07-15 14:07
Tsk tsk, wisdom. Just waiting for the merge to da moon.
View OriginalReply0
OffchainOraclevip
· 07-15 14:06
ETH is really good
View OriginalReply0
NftPhilanthropistvip
· 07-15 14:01
ser... just another web2 company trying to get their bags filled with eth
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)