Summary by Futu AI
BTC Digital Ltd. received cashless exercise notices for 847,797 ordinary shares from warrant holders on November 12-15, 2024. 727,425 shares were issued on November 13 and 120,372 shares on November 15, all resulting from cashless exercises of investor warrants.The issuances were exempt from registration under Section 4(a)(2) of the Securities Act. Major holders included Armistice Capital Master Fund Ltd, Empery funds, and Sabby Volatility Warrant Master Fund LTD. The company also announced new Bitcoin mining machine hosting agreements with two major clients on November 13, 2024.