The post Bit Digital Plans Major Capital Increase to Accelerate Ethereum Acquisition Strategy appeared on BitcoinEthereumNews.com.

Bit Digital, a publicly traded US company, has scheduled a special shareholders meeting for September 10, 2025, at 9:00 AM, to be held both at its New York City headquarters and via an online live stream. This hybrid format allows shareholders to actively participate by voting and submitting questions remotely or in person. The agenda includes a proposal to increase the company’s authorized capital from $3.5 million to $10.1 million, expanding common shares from 340 million to 1 billion, while maintaining preferred shares at 10 million. This capital raise is a strategic move to support Bit Digital’s planned equity financing aimed at accelerating its growth initiatives, with a particular focus on expanding its Ethereum acquisition strategy. Management has indicated that the existing authorized capital is inadequate to fund these objectives, underscoring the importance of shareholder approval for this capital restructuring. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Source: https://en.coinotag.com/breakingnews/bit-digital-plans-major-capital-increase-to-accelerate-ethereum-acquisition-strategy/

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Filed under: News - @ July 26, 2025 4:23 am