Bit Digital Plans to Expand Share Cap to 1B to Advance Ethereum Strategy - WorldNL Magazine

Bit Digital Plans $1 Billion Ethereum Purchase - Blockchain & Cryptocurrencies Tabloid

Bit Digital aims for $1B Ethereum acquisition, positioning for significant ETH treasury holdings. The post Bit Digital Plans $1 Billion Ethereum Purchase appeared first on Blockchain & Cryptocurrencies Tabloid.

Bit Digital Plans to Increase Share Capital to $1 Billion for Ethereum Expansion

The post Bit Digital Plans to Increase Share Capital to $1 Billion for Ethereum Expansion appeared first on Coinpedia Fintech News Nasdaq-listed Bit Digital intends to raise its authorized share capital from 340 million to 1 billion shares to fund additional Ethereum (ETH) purchases. The plan, approved by the board and set for a September shareholder vote, aims to support the company’s strategy of growing its ETH holdings. Bit Digital is already…

Bit Digital plans to expand share cap to 1B to advance Ethereum strategy - WorldNL Magazine

Expanding share authorization is aimed at fueling future equity raises and supporting the firm’s push into Ethereum purchasing. Key Takeaways Bit Digital plans to triple its authorized share capital to 1 billion ordinary shares to fund its Ethereum growth strategy. The expanded share authorization aims to allow for substantial equity financing focused on purchasing Ethereum. Bit Digital, the digital asset miner pivoting from Bitcoin to Ethereu…

Bit Digital plans to expand share cap to 1B to advance Ethereum strategy

Bit Digital's share cap expansion could significantly enhance its Ethereum strategy, potentially influencing the broader crypto market dynamics. The post Bit Digital plans to expand share cap to 1B to advance Ethereum strategy appeared first on Crypto Briefing.