Bit Digital Stock Slides After $80 Million Private Placement — CoinDesk

Bit Digital Stock Slides After $80 Million Private Placement — CoinDesk

The bitcoin mining company agreed to sell 13.5 million ordinary shares and warrants for another 10.1 million shares. The combined purchase price of one share and one warrant is $5.93. The warrants, each of which allows the purchase of 3/4 of a share, will have an exercise price of $7.91 per whole share.

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