BTC Digital's Gross Proceeds From Share Offering Rise to $8.8 Million

MT Newswires Live
12 Dec 2024

BTC Digital (BTCT) said the gross proceeds of its share offering increased to 8.8 million after the underwriter exercised an overallotment option.

The underwriter bought an additional 228,853 shares at $8 apiece resulting in $1.8 million in extra proceeds, the company said Thursday in a statement.

After the underwriter exercised the option, the number of shares sold in the offering rose to almost 1.11 million, the company said.

Price: 6.92, Change: -1.36, Percent Change: -16.41

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