BTC Digital announced that its underwriter Aegis Capital Corp. has partially exercised the over-allotment option to purchase an additional 228,853 Ordinary Shares at $8.00 per share, generating additional gross proceeds of $1.8 million. The exercise is expected to close on December 12, 2024.Following this exercise, the total offering size increased to 1,108,853 shares, bringing total gross proceeds to approximately $8.8 million before deducting underwriting fees and offering expenses. The offering was made under an effective shelf registration statement on Form S-3 declared effective by the SEC on December 5, 2024.The company, which focuses on blockchain technology development including cryptocurrency mining and mining farm construction in North America, previously completed its initial public offering of 880,000 shares and pre-funded warrants for 1,620,000 shares through an underwriting agreement with Aegis Capital Corp. on December 6, 2024.

BTC Digital announced that its underwriter Aegis Capital Corp. has partially exercised the over-allotment option to purchase an additional 228,853 Ordinary Shares at $8.00 per share, generating additional gross proceeds of $1.8 million. The exercise is expected to close on December 12, 2024.Following this exercise, the total offering size increased to 1,108,853 shares, bringing total gross proceeds to approximately $8.8 million before deducting underwriting fees and offering expenses. The offering was made under an effective shelf registration statement on Form S-3 declared effective by the SEC on December 5, 2024.The company, which focuses on blockchain technology development including cryptocurrency mining and mining farm construction in North America, previously completed its initial public offering of 880,000 shares and pre-funded warrants for 1,620,000 shares through an underwriting agreement with Aegis Capital Corp. on December 6, 2024.