BTC Digital closes private placement, raises about US$7 million upfront proceeds

BTC Digital Ltd.

BTC Digital Ltd.

BTCT

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  • BTC Digital closed an unregistered private placement with institutional investors, raising USD 7 million in upfront gross proceeds.
  • Deal structure implies up to USD 28 million in potential gross proceeds, including warrants; warrant exercise could add about USD 21 million.
  • Sold 6,140,350 Common Units or Pre-Funded Units at USD 1.14 each; each included two PIPE Common Warrants.
  • Warrants carry a USD 1.71 exercise price, are exercisable immediately, expire 60 months from issuance.
  • Proceeds earmarked for an 8MW AI computing center in Georgia, funding first-phase build-out; part of capacity targeted online in about six months.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BTC Digital Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606291820PR_NEWS_USPR_____CN94891) on June 29, 2026, and is solely responsible for the information contained therein.

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