$BTCT

2 stories mentioning BTCTUpdated 4h ago

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Expion Energy (XPON), formerly known as Expion360, said Monday it has entered into a deal to initially sell $9.0 million of 8% Convertible Debentures and Warrants to buy up to about 2.1 million shares at an initial exercise price of $4.25 per share to some investors through a private placement.Shares more than doubled as intraday trading volume catapulted to over 76.0 million from a daily average of about 245,000.BTC Digital (BTCT) said construction of its cryptocurrency computing infrastructure project in Georgia has been completed, and the project is now approaching deployment readiness.Shares surged 68% as intraday trading volume soared to over 168.0 million shares from a daily average of roughly 6.7 million.Price: $7.15, Change: $+3.72, Percent Change: +108.15%

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Wire55d ago

BTC Digital Closes Private Placement, Receives $7 Million in Initial Proceeds; Shares Surge Pre-Bell

BTC Digital (BTCT) closed a private placement, raising about $7 million in upfront gross proceeds, with potential total proceeds of up to $28 million, including warrant exercises, the company said Monday.The company said it will use the initial proceeds to fund the first phase of its 8-megawatt AI computing center in Georgia, with initial capacity expected to come online in about six months.The offering consisted of 6.14 million common units, or pre-funded units, priced at $1.14 each, with attached warrants that could generate an additional approximately $21 million in gross proceeds if fully exercised, it added.BTC Digital shares were up 87% in Tuesday premarket activity.Price: $1.28, Change: $+0.60, Percent Change: +87.36%

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