[FILING] #Bitcoin Mining Firm Bit Digital Files for $500M ATM Offering—Exceeding Its $429M Market Cap—to Fund High-Performance Computing, Cloud Services, Equipment, and Acquisitions $BTC
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
AdTech firm Thumzup seeks $200 million to 100x size of bitcoin treasury https://t.co/STo2ulGI5Z
Thumzup Media Corporation has filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission to offer up to $200 million in common stock, warrants, units, or rights. The proceeds from this shelf offering are intended for general corporate purposes, including the purchase of Bitcoin to serve as a primary treasury reserve. The company aims to significantly increase the size of its Bitcoin holdings through this capital raise. Separately, Bitcoin mining company Bit Digital has filed to raise up to $500 million via an at-the-market (ATM) offering, which exceeds its current market capitalization of $429 million. Bit Digital plans to use the funds to support expansion into high-performance computing and cloud services, including equipment purchases and acquisitions.