BTC Digital Ltd. Announces Closing of $6.0 Million Registered Direct Offering

Company Overview - BTC Digital Ltd. is a blockchain technology company focused on creating value in the metaverse, blockchain, and cryptocurrency mining industry [5] - The company is committed to developing blockchain-related businesses in North America, including cryptocurrency mining, mining farm construction, mining pool and data center operation, and miner accessories [5] Offering Details - The company announced the closing of a registered direct offering with institutional investors, raising approximately $6.0 million by selling 2,000,000 Ordinary Shares at a price of $3.00 per share [1][2] - Aggregate gross proceeds from the offering were approximately $6.0 million before deducting fees and expenses [2] - The transaction closed on July 16, 2025, and the net proceeds will be used for the purchase of Ethereum [2] Legal and Regulatory Information - Aegis Capital Corp. acted as the exclusive placement agent for the offering, with various law firms providing counsel to the company [3] - The offering was made pursuant to an effective shelf registration statement on Form S-3 previously filed with the U.S. Securities and Exchange Commission (SEC) [3]