01:48 PM EST, 12/09/2024 (MT Newswires) -- BTC Digital ( BTCT ) said Monday it has completed an underwritten public offering of 2.5 million ordinary shares and prefunded warrants at $8 a share for gross proceeds of $20 million.

The company said Aegis Capital, the sole bookrunning manager, has been granted a 45-day option to buy 15% additional shares.

BTC Digital ( BTCT ) stock was down nearly 4% in recent trading.

Price: 10.13, Change: -0.38, Percent Change: -3.57