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NASDAQ-listed Company Bit Digital Plans to Expand Authorized Capital to 1 Billion Common Shares to Raise Funds for Further ETH Holdings
Summary: According to reports, NASDAQ-listed company Bit Digital has announced plans to hold a shareholder meeting on September 10, 2025, to pass a resolution to increase the company's authorized capital from 340,000,000 common shares with a par value of $0.01 per share and 10,000,000 preferred shares with a par value of $0.01 per share (totaling approximately ...
According to reports, NASDAQ-listed company Bit Digital has announced plans to hold a shareholder meeting on September 10, 2025, to pass a resolution to increase the company's authorized capital from 340,000,000 common shares with a par value of $0.01 per share and 10,000,000 preferred shares with a par value of $0.01 per share (totaling approximately $3.5 million) to 1,000,000,000 common shares with a par value of $0.01 per share and 10,000,000 preferred shares with a par value of $0.01 per share (totaling approximately $10.1 million). The funds raised from the expanded capital will be used to continue increasing holdings of ETH.
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Link: NASDAQ-listed Company Bit Digital Plans to Expand Authorized Capital to 1 Billion Common Shares to Raise Funds for Further ETH Holdings [Copy]
