BTC Digital announced a $6.000 million private placement financing, intended for the purchase of Ethereum

Blockchain technology company BTC Digital announced a registered direct offering agreement with institutional investors to issue 2,000,000 common shares at a price of $3.00 per share, raising a total of approximately $6.00 million. The company plans to use the net proceeds, together with existing funds, to purchase Ethereum. The transaction is expected to be completed on July 16. [Wu Blockchain]