TechFlow, September 30 — Bit Digital (Nasdaq: BTBT) today announced the pricing of $135 million in aggregate principal amount of 4.00% convertible senior notes due 2030. The notes are convertible into shares of the company's common stock at an initial conversion price of $4.16 per share, representing a 30% premium to the current stock price. The company expects to receive net proceeds of approximately $128.9 million, which will be primarily used to purchase Ethereum and support other digital asset-related business development. The offering is expected to close on October 2, 2025.
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