- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Nasdaq-listed Bit Digital plans to raise $67.3 million through a private placement to purchase Ethereum
Odaily News Nasdaq-listed company Bit Digital announced that it plans to raise approximately $67.3 million through a private placement of 22 million common shares to institutional investors, and plans to use the funds raised to purchase Ethereum. The company has previously converted all of its Bitcoin reserves into Ethereum, holding approximately 100,603 ETH as of July 7, worth approximately $301 million. In addition, Bit Digital disclosed that its preliminary revenue for the second quarter is expected to be between $24.3 million and $26.9 million. (TheBlock)
You may also like
Flow Chain Rollback Sparks Outrage, Whale Starts Lighter Rebalancing, Mainstream Ecosystem Update Overview
Breaking $500 Again, Why Can ZEC Maintain an Independent Price Action from Bitcoin's Consolidation?
ETHPanda Talk | From Nethermind to Ethereum Foundation: Tomasz's Ethereum Core Development Journey
2025 Cryptocurrency Memes News Released
Lido DAO’s Increased Development and Market Dynamics Elevate LDO Price
Key Takeaways Lido DAO’s development activities have surged by 690%, signifying substantial growth. The Lido DAO token (LDO)…
Hyperliquid Whales Shift Strategies: BTC Longs Decline, ETH Shorts Dominate
Key Takeaways A significant reduction in Bitcoin long positions has been observed on Hyperliquid, with large holders decreasing…
December 26th Market Key Intelligence, How Much Did You Miss?
Crypto Christmas Heist: Over $6 Million Lost, Trust Wallet Chrome Extension Wallet Hacked Analysis
Bitcoin Surges Toward $90,000 as $27 Billion Crypto Options Expire
Key Takeaways Bitcoin’s price is nearing the $90,000 mark amid increased market activity following the holiday lull. The…
Bitcoin Options Set to Expire, Potentially Altering Price Beyond $87,000 Range
Key Takeaways A historic Bitcoin options expiry event, valued at $236 billion, is set to occur, potentially impacting…
Ethereum Price Prediction: Whales Accumulate as Market Awaits Key Break
Key Takeaways Ethereum’s price remains in a “no-trade zone” between $2,800 and $3,000 amid low market activity. Whale…
Matrixport Predicts Limited Downside for Bitcoin Amid Market Caution
Key Takeaways Matrixport’s report suggests Bitcoin’s downside risks are decreasing, with the market moving towards a phase where…
Bitcoin and Ethereum Options Expiry Shakes Market Stability
Key Takeaways The largest options expiry in cryptocurrency history is occurring today, involving over $27 billion in Bitcoin…
Trust Wallet Hack Results in $3.5 Million Loss for Major Wallet Holder
Key Takeaways A significant Trust Wallet hack led to the theft of $3.5 million from an inactive wallet.…
PancakeSwap Launches LP Rewards on Base Network
Key Takeaways PancakeSwap has introduced liquidity provider (LP) rewards for 12 v3 pools on the Base network, facilitated…
Crypto Derivatives Volume Skyrockets to $86 trillion in 2025 as Binance Dominates
Key Takeaways Cryptocurrency derivatives volume has surged to an astronomical $86 trillion in 2025, equating to an average…
Ethereum in 2026: Glamsterdam and Hegota Forks, Layer 1 Scaling, and More
Key Takeaways Ethereum is poised for crucial developments in 2026, particularly with the Glamsterdam and Hegota forks. Glamsterdam…
Kraken IPO to Rekindle Crypto’s ‘Mid-Stage’ Cycle: A Comprehensive Analysis
Key Takeaways: Kraken’s anticipated IPO in 2026 could significantly attract fresh capital from traditional financial investors, marking a…
Flow Chain Rollback Sparks Outrage, Whale Starts Lighter Rebalancing, Mainstream Ecosystem Update Overview
Breaking $500 Again, Why Can ZEC Maintain an Independent Price Action from Bitcoin's Consolidation?
ETHPanda Talk | From Nethermind to Ethereum Foundation: Tomasz's Ethereum Core Development Journey
2025 Cryptocurrency Memes News Released
Lido DAO’s Increased Development and Market Dynamics Elevate LDO Price
Key Takeaways Lido DAO’s development activities have surged by 690%, signifying substantial growth. The Lido DAO token (LDO)…
Hyperliquid Whales Shift Strategies: BTC Longs Decline, ETH Shorts Dominate
Key Takeaways A significant reduction in Bitcoin long positions has been observed on Hyperliquid, with large holders decreasing…
Popular coins
Latest Crypto News
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：bd@weex.com
VIP Services：support@weex.com
App