Bit Digital Targets $500 Million for HPC and Cloud Expansion
- Bit Digital plans to raise up to $500 million through an at-the-market equity offering.
- The offering will be facilitated by investment bank H.C. Wainwright & Co.
- H.C. Wainwright & Co. will earn a commission of up to 3% on shares sold.
Bit Digital aims to secure up to $500 million via an equity offering, with H.C. Wainwright & Co. facilitating the process and earning a commission of up to 3% on the sales, supporting its high-performance computing expansion efforts.
Source (2.6)https://news.bitcoin.com/bit-digital-aims-for-500m-raise-to-fuel-hpc-cloud-expansion/?rand=52384
