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 capital, and potential acquisitions. 一 link : Wu Blockchain News
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Bit Digital Eyes $500M ATM as Bitcoin Mining Economics Tighten
Bit Digital has filed to raise up to $500 million through an ATM offering to fund its further diversification beyond Bitcoin mining into HPC and cloud servicing.
FUN FACT: Less than 7% of the global population is invested in crypto. : Watcher Guru
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BITWISE: 🟠 "Bitcoin setup is very bullish at the moment." : Bitcoin
FUN FACT: Less than 7% of the global population is invested in crypto. : Watcher Guru
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JUST IN: 🇺🇸🇨🇳 President Trump says he will lower tariffs on China "at some point." : Watcher Guru
Saylor is looking to buy more BTC - 𝕏/@saylor
🏷️ BTC, C, Microstrategy, crostrategy, Saylorylor : Leviathan News
🏷️ BTC, C, Microstrategy, crostrategy, Saylorylor : Leviathan News
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JUST IN: 🇺🇸🇨🇳 President Trump says China's economy is "collapsing." : Watcher Guru
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NEW: 🟠 James Lavish explains how U.S. Treasury Bonds are not strong collateral for borrowing against.
Sell Bonds. Buy Bitcoin. : Bitcoin
Sell Bonds. Buy Bitcoin. : Bitcoin
JUST IN: 🇲🇻 Maldives to build $9 billion blockchain hub to attract global investors. : Watcher Guru
According to the Financial Times, the Maldivian government has signed a joint venture agreement with Dubai-based MBS Global Investments to develop a $8.8 billion blockchain and digital assets financial center in Malé, aiming to shift the country’s economy away from reliance on tourism and fisheries. The project has already secured preliminary funding commitments of $4–5 billion. — link : Wu Blockchain News
Ft
Cash-strapped Maldives to build $9bn blockchain hub in bid to lure investors
Dubai-based family office plans financial zone for the Indian Ocean archipelago