US EditionBit Digital Buys 31K ETH Worth $140M, Becomes 6th-Largest Ethereum Treasury
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Ethereum news: Bit Digital buys 31,057 after $150m offering
Bit Digital is doubling down on its Ethereum digital-asset treasury strategy with an additional purchase of more than 31,000 Ether tokens. Nasdaq-listed Bit Digital is showing fresh commitment to its Ethereum treasury strategy. In a press release, it hailed the…
Key Points of the Strategic Acquisition News: Bit Digital purchased 31,057 ETH with a value of $140M, raising its total holdings above 150,000 ETH and making it the sixth largest Ethereum treasury among public companies. Financing Method: The operation was financed through a sale of convertible notes for $150M to $4.16 per share, a 8.2% premium on the liquidative value, supported by Kraken Financial, Jump Trading Credit and Jane Street Capital. …
Bit Digital buys 31K ETH worth $140M, becomes 6th-largest Ethereum treasury – MAXBIT
Bit Digital has purchased 31,057 ETH worth $140 million, bringing its total holdings to over 150,000 ETH and making it the sixth-largest Ethereum treasury. Bit Digital has expanded its Ether holdings to more than 150,000 ETH after purchasing 31,057 ETH valued at roughly $140 million using proceeds from a $150 million convertible notes sale. The...
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