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BTC Digital Ltd. announced the exercise of its oversubscription rights for public issuance, intending to increase the total fundraising amount to $8.8 million.

Golden Finance reported that BTC Digital Ltd., a mining company listed on Nasdaq, announced the exercise of its public issuance oversubscription rights. The company previously announced the sale of 228,853 common shares at a public issuance price of $8.00 per share, raising approximately $1.8 million. Currently, BTC Digital Ltd. plans to increase the total number of common shares to be sold in the public issuance to 1,108,853 shares, increasing the total amount raised to $8.8 million.

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