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Bitcoin mining firm Bit Digital has filed to raise up to $500 million via an at-the-market (ATM) offering, exceeding its current market cap of $429 million. The funds will support expansion into high-performance computing and cloud services, covering equipment purchases, working

Bit Digital plans to raise up to US$500 million through ATMs Bitcoin mining company Bit Digital has applied to raise up to $500 million through "market instant quotation issuance" (ATM), exceeding its current market value of $429 million, and intends to use it to expand its high-performance computing and cloud service business. According to documents filed on Wednesday, as of April 28, Bit Digital's outstanding shares were 203.8 million shares. It is reported that the relevant funds will be used for mining machine and cloud service equipment expenditures, operating funds and potential mergers and acquisitions. (Theminermag)

Bit Digital Applies to Raise Up to $500 Million via ATM Offering

$ATM | USDT has broken the descending channel formation on the daily timeframe🤔 Expecting a strong bullish rally that could drive price toward $2.50 in midterm🐃

U.S. Congressman Proposes Installing Cryptocurrency ATM in Federal Building