Odaily Planet Daily News Bit Digital (Nasdaq: BTBT) announced today that its underwriters for the public offering have fully exercised their option to purchase, acquiring an additional 11.25 million shares of common stock, bringing approximately $21.4 million in additional net proceeds to the company. The total net proceeds from this round of issuance amount to approximately $162.9 million. The company stated that it intends to use a portion of the funds to purchase Ethereum. Currently, Bit Digital focuses on Ethereum's native treasury and staking strategies and operates one of the largest institutional-grade Ethereum staking infrastructures in the world. (prnewswire)