BlockBeats news, on May 4th, Bitcoin mining company Bit Digital applied for financing of up to $500 million through the 'At-the-Market Offering' (ATM) method, exceeding its current market value of $429 million, intended for expanding high-performance computing and cloud services. The funds will be used for expenditures on mining machines and cloud service equipment, operating capital, and potential acquisitions.
Bit Digital applies for financing of up to $500 million through ATM method
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