Bit Digital will hold a shareholder meeting on September 10, 2025, to vote on increasing share capital significantly. This aims to enhance its authorized shares from 340 million to 1 billion, with each share priced at 0.01 USD.
While speculation surrounds the purpose of the potential fundraise for expanding Ethereum (ETH) holdings, clarity on investments or capital utilization remains elusive due to a lack of official announcements from the company.
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