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US-listed company BTC Digital plans to raise $6 million to buy ETH

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2025-07-15 13:23:08
Nasdaq-listed company BTC Digital announced that it has entered into a definitive agreement with institutional investors to raise $6 million through the issuance of common stock. The transaction is expected to close around July 16, 2025, subject to customary closing conditions. The company expects to use the net proceeds of the offering and its existing cash to purchase ETH.
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