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

Odaily News Nasdaq-listed BTC Digital announced that it has reached a final agreement with institutional investors to raise $6 million through the issuance of common stock. The transaction is expected to be completed around July 16, 2025, subject to customary closing conditions. The company expects to use the net proceeds of this offering and its existing cash to purchase Ethereum. (PRNewswire)