Bit Digital Moves to Raise $100M for Ethereum Purchases

TLDR: Bit Digital is seeking $100M through convertible notes due 2030, with funds directed toward Ethereum purchases. The company may allow underwriters to buy an extra $15M in notes to cover over-allotments. Proceeds from the offering could also support corporate expenses, acquisitions, and new digital asset opportunities. Barclays, Cantor, and B. Riley Securities have been [...]

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