TechFlow, July 26 — Nasdaq-listed Bit Digital has issued a letter to shareholders announcing plans to hold a shareholder meeting on September 10, 2025. At the meeting, the company will propose a resolution to increase its authorized capital from 340,000,000 shares of common stock with a par value of $0.01 per share and 10,000,000 shares of preferred stock with a par value of $0.01 per share (totaling approximately $3.5 million) to 1,000,000,000 shares of common stock with a par value of $0.01 per share and 10,000,000 shares of preferred stock with a par value of $0.01 per share (totaling approximately $10.1 million). Funds raised through the expanded capital stock will be used to further increase its ETH holdings.
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