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Bit Digital’s Bold Move: Expanding Share Cap to 1 Billion – Could This Be the Game-Changer in Ethereum’s Future?

Bit Digital’s Bold Move: Expanding Share Cap to 1 Billion – Could This Be the Game-Changer in Ethereum’s Future?


Bit Digital plans to expand share cap to 1B to advance Ethereum strategy

Expanding share authorization is aimed at fueling future equity raises and supporting the firm’s push into Ethereum purchasing.

Bit Digital plans to expand authorized shares to 1B to advance Ethereum strategy

Key Takeaways

  • Bit Digital plans to triple its authorized share capital to 1 billion ordinary shares to fund its Ethereum growth strategy.
  • The expanded share authorization aims to allow for substantial equity financing focused on purchasing Ethereum.
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