Welcome to our dedicated page for Bit Digital news (Ticker: BTBT), a resource for investors and traders seeking the latest updates and insights on Bit Digital stock.
Bit Digital, Inc. reports company developments around its role as a Strategic Asset Company focused on Ethereum infrastructure and AI/HPC infrastructure exposure. Recurring updates cover ETH treasury balances, staking activity, protocol-native rewards, and the company’s participation in the Ethereum network.
News also includes financial results, conference-call announcements, shareholder communications, governance and investor-relations changes, and updates tied to Bit Digital’s majority ownership stake in WhiteFiber, a separately managed public company focused on AI and high-performance computing infrastructure.
Bit Digital (NASDAQ:BTBT) has announced that its wholly-owned HPC subsidiary, WhiteFiber Inc., has filed a Form S-1 registration statement with the SEC for its proposed initial public offering. WhiteFiber plans to list on the Nasdaq Capital Market under the symbol "WYFI".
B. Riley Securities and Needham & Company will serve as joint-bookrunning managers for the offering. The number of shares and price range have not yet been determined, and the offering is subject to market conditions and SEC review.
WhiteFiber has announced its public filing of a registration statement on Form S-1 with the SEC for a proposed Initial Public Offering (IPO). The company plans to list its ordinary shares on the Nasdaq Capital Market under the symbol "WYFI."
B. Riley Securities and Needham & Company will serve as joint-bookrunning managers for the offering. The specific details regarding the number of shares and price range are yet to be determined, and the offering remains subject to market conditions and SEC review.
Bit Digital (NASDAQ:BTBT) has announced a registered direct offering of 22 million ordinary shares at $3.06 per share to institutional investors. The offering is expected to generate approximately $67.3 million in gross proceeds before deducting fees and expenses.
The offering, managed exclusively by B. Riley Securities as the Placement Agent, is anticipated to close around July 15, 2025. Notably, Bit Digital plans to use the net proceeds to purchase Ethereum. The offering is being conducted under a shelf registration statement that became effective on June 20, 2025.
Bit Digital (NASDAQ:BTBT) has completed a strategic shift to become a major Ethereum-focused treasury company. The company raised $172 million through a public offering and sold 280 BTC to acquire Ethereum, bringing its total ETH holdings to approximately 100,603 ETH.
Led by CEO Sam Tabar, Bit Digital has transformed from its previous Bitcoin position to become one of the largest corporate ETH holders among public companies. The company held 24,434 ETH as of March 31, 2025, and has significantly expanded its position through recent acquisitions, with plans to continue growing its ETH holdings aggressively.
Bit Digital (NASDAQ: BTBT) announced that underwriters have fully exercised their option to purchase an additional 11.25 million ordinary shares, generating approximately $21.4 million in additional net proceeds. Combined with the initial offering, the company raised total net proceeds of approximately $162.9 million through the issuance of 86.25 million ordinary shares.
The underwriters' option exercise closed on July 1, 2025. B. Riley Securities served as the sole bookrunning manager, while Clear Street, Craig-Hallum, and Northland Capital Markets acted as co-managers. The company plans to use the proceeds to purchase Ethereum. The offering was made pursuant to a shelf registration statement on Form S-3 that was declared effective on June 20, 2025.
Bit Digital (NASDAQ:BTBT) has announced the pricing of an underwritten public offering of 75 million ordinary shares at $2.00 per share, aiming to raise $150 million in gross proceeds. The company plans to use the net proceeds to purchase Ethereum.
The offering includes a 30-day option for underwriters to purchase an additional 11.25 million shares. The offering is expected to close around June 27, 2025. B. Riley Securities serves as the sole bookrunning manager, with Clear Street, Craig-Hallum, and Northland Capital Markets acting as co-managers.
Bit Digital (NASDAQ:BTBT) has announced that its wholly-owned HPC subsidiary, WhiteFiber Inc., has confidentially submitted a draft registration statement on Form S-1 to the SEC for a proposed initial public offering (IPO) of its ordinary shares.
The specific details regarding the number of shares to be offered and the price range have not been determined yet. The IPO's completion depends on market conditions and SEC review process. This announcement is made in accordance with Rule 135 under the Securities Act of 1933.
Bit Digital (NASDAQ:BTBT) has announced a strategic pivot to become a pure play Ethereum (ETH) staking and treasury company. The company plans to convert its entire Bitcoin (BTC) holdings into ETH and is seeking strategic alternatives for its bitcoin mining operations, including potential sale or wind-down.
As of March 31, 2025, Bit Digital held 24,434.2 ETH valued at $44.6 million and 417.6 BTC valued at $34.5 million. The company began building its ETH position and staking infrastructure in 2022 and has been steadily increasing its holdings since then.
Bit Digital (NASDAQ:BTBT) has announced the commencement of an underwritten public offering of its ordinary shares. The company plans to use the net proceeds to purchase Ethereum.
The offering is being conducted through a shelf registration statement on Form S-3, with B. Riley Securities serving as the sole bookrunning manager, while Clear Street, Craig-Hallum, and Northland Capital Markets act as co-managers. The registration statement was declared effective on June 20, 2025.
WhiteFiber Inc., a wholly-owned HPC subsidiary of Bit Digital (NASDAQ: BTBT), has secured a landmark C$60 million credit facility from the Royal Bank of Canada for its data centers business. The financing agreement includes a real estate term loan, equipment financing, and a revolving facility, carrying interest rates of CORRA plus 250 bps with a 3-year term.
The non-recourse credit agreement involves ENOVUM Data Centers Corp. and its Montreal II project as borrowers and guarantors. The proceeds will support the expansion of WhiteFiber's Tier-3 AI data center portfolio. CEO Sam Tabar highlighted this as a breakthrough achievement, noting it as the first financing of its kind in the HPC Cloud and data centers sector.