Bit Digital raises $21.4M through share offerings

#BitDigital secures $21.4M through share offerings, bringing total proceeds to $162.9M, which it plans to use to purchase #Ethereum as it transitions away from #Bitcoin mining. Additionally, Bit Digital announced plans to gradually convert its $BTC holdings, approximately 417.6 $BTC valued at around $44.9M, into $ETH .

👉 theblock.co/post/360718/bit-digital-share-offering-ethereum-treasury