BTC Digital Ltd. announced the completion of warrant exercises on November 12-15, 2024, resulting in the issuance of 847,797 ordinary shares. The company issued 727,425 shares on November 13 and an additional 120,372 shares on November 15 through cashless warrant exercises from multiple holders.The warrant exercises were executed by several institutional investors including Armistice Capital Master Fund Ltd, Empery Tax Efficient funds, and Sabby Volatility Warrant Master Fund LTD. The issuances were exempted from registration under Section 4(a)(2) of the Securities Act as private transactions not involving public offering.Concurrently, the company announced new Bitcoin mining machine hosting agreements with two major clients on November 13, 2024, signaling expansion in its core business operations.

BTC Digital Ltd. announced the completion of warrant exercises on November 12-15, 2024, resulting in the issuance of 847,797 ordinary shares. The company issued 727,425 shares on November 13 and an additional 120,372 shares on November 15 through cashless warrant exercises from multiple holders.The warrant exercises were executed by several institutional investors including Armistice Capital Master Fund Ltd, Empery Tax Efficient funds, and Sabby Volatility Warrant Master Fund LTD. The issuances were exempted from registration under Section 4(a)(2) of the Securities Act as private transactions not involving public offering.Concurrently, the company announced new Bitcoin mining machine hosting agreements with two major clients on November 13, 2024, signaling expansion in its core business operations.