• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Bit Digital Announces Proposed Offering of $100 Million Convertible Notes

    9/29/25 4:32:00 PM ET
    $BTBT
    Finance: Consumer Services
    Finance
    Get the next $BTBT alert in real time by email

    NEW YORK, Sept. 29, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ: BTBT) ("Bit Digital" or the "Company") today announced a proposed registered underwritten public offering (the "Offering") by the Company of $100,000,000 aggregate principal amount of its convertible senior notes due 2030 (the "Notes"), subject to market and other conditions. The Company also intends to grant the underwriters in the Offering a 30-day option to purchase up to an additional $15,000,000 aggregate principal amount of Notes on the same terms and conditions, solely to cover over-allotments.

    (PRNewsfoto/Bit Digital, Inc.)

    The Notes will be senior, unsecured obligations of the Company. The Notes will mature on October 1, 2030, unless earlier converted, redeemed or repurchased. Holders may convert their Notes at their option prior to the close of business on the second scheduled trading day immediately preceding the maturity date. Upon conversion, the Company will pay or deliver to such converting holders, as the case may be, cash, ordinary shares, par value $0.01 per share, of the Company (the "ordinary shares") or a combination of cash and ordinary shares, at its election. The interest rate, initial conversion rate and certain other terms of the Notes will be determined at the time of pricing of the Notes.

    The net proceeds from the Offering will primarily be used to purchase Ethereum and may be used by the Company for general corporate purposes, including potential investments, acquisitions and other business opportunities relating to digital assets.

    Barclays, Cantor and B. Riley Securities are acting as joint lead book-running managers for the Offering.

    The Offering will be made pursuant to an effective shelf registration statement on Form S-3, as amended, filed with the Securities and Exchange Commission (the "SEC"), which was declared effective by the SEC on June 20, 2025. The preliminary prospectus supplement and the accompanying prospectus related to the Offering have been filed with the SEC and will be available on the SEC's website at www.sec.gov. Before you invest, you should read the preliminary prospectus supplement and accompanying prospectus and other documents the Company has filed with the SEC for more complete information about Bit Digital and the Offering.

    Copies of the preliminary prospectus supplement and the accompanying prospectus related to the Offering may also be obtained from: Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 1-888-603-5847, or by email at [email protected], Cantor Fitzgerald & Co., Attention: Equity-Linked Capital Markets, 110 East 59th Street, 6th Floor, New York, New York 10022, by email at [email protected] or B. Riley Securities, 1300 17th Street North, Suite 1300, Arlington, VA 22209, Attention: Prospectus Department, by telephone at (703) 312-9580 or by email at [email protected]. The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC.

    This press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities, nor shall there be a sale of the securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. The Offering will be made only by means of the prospectus supplement and the accompanying prospectus. This press release contains information about the pending Offering, and there can be no assurance that the Offering will be completed.

    About Bit Digital

    Bit Digital is a publicly traded digital asset platform focused on Ethereum-native treasury and staking strategies. The Company began accumulating and staking ETH in 2022 and now operates one of the largest institutional Ethereum staking infrastructures globally. Bit Digital's platform includes advanced validator operations, institutional-grade custody, active protocol governance, and yield optimization. Through strategic partnerships across the Ethereum ecosystem, Bit Digital aims to deliver exposure to secure, scalable, and compliant access to onchain yield.

    Forward-Looking Statements

    This press release may contain certain "forward-looking statements" relating to the business of Bit Digital, Inc., and its subsidiary companies, including statements about Bit Digital, Inc.'s ability to consummate the pending offering and the terms of such offering. All statements, other than statements of historical fact, included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "intends," "expects," or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024 (Annual Report) and any subsequently filed quarterly reports on Form 10-Q and any Current Reports on Form 8-K. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

    The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. If any material risk was to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline and you could lose part or all of your investment. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

    Investor Contact:

    [email protected] 

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/bit-digital-announces-proposed-offering-of-100-million-convertible-notes-302570003.html

    SOURCE Bit Digital, Inc.

    Get the next $BTBT alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $BTBT

    DatePrice TargetRatingAnalyst
    1/21/2025$6.00Buy
    Craig Hallum
    10/24/2024$6.00Buy
    B. Riley Securities
    2/13/2024$6.00Outperform
    Northland Capital
    9/23/2021$14.00Buy
    HC Wainwright & Co.
    More analyst ratings

    $BTBT
    SEC Filings

    View All

    SEC Form 424B5 filed by Bit Digital Inc.

    424B5 - Bit Digital, Inc (0001710350) (Filer)

    10/1/25 5:20:41 PM ET
    $BTBT
    Finance: Consumer Services
    Finance

    SEC Form FWP filed by Bit Digital Inc.

    FWP - Bit Digital, Inc (0001710350) (Subject)

    9/30/25 7:44:02 AM ET
    $BTBT
    Finance: Consumer Services
    Finance

    SEC Form 424B5 filed by Bit Digital Inc.

    424B5 - Bit Digital, Inc (0001710350) (Filer)

    9/29/25 4:32:58 PM ET
    $BTBT
    Finance: Consumer Services
    Finance

    $BTBT
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Bit Digital Announces Pricing of Upsized $135 Million Convertible Notes Offering

    NEW YORK, Sept. 30, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company") today announced the pricing of its upsized underwritten public offering (the "Offering") of $135,000,000 aggregate principal amount of 4.00% convertible senior notes due 2030 (the "Notes"). The sale of the Notes is expected to close on October 2, 2025, subject to customary closing conditions. The Company also granted the underwriters in the Offering a 30-day option to purchase up to an additional $15,000,000 aggregate principal amount of Notes on the same terms and conditions, solely to cover over-allotments.

    9/30/25 12:49:00 AM ET
    $BTBT
    Finance: Consumer Services
    Finance

    Bit Digital Announces Proposed Offering of $100 Million Convertible Notes

    NEW YORK, Sept. 29, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ: BTBT) ("Bit Digital" or the "Company") today announced a proposed registered underwritten public offering (the "Offering") by the Company of $100,000,000 aggregate principal amount of its convertible senior notes due 2030 (the "Notes"), subject to market and other conditions. The Company also intends to grant the underwriters in the Offering a 30-day option to purchase up to an additional $15,000,000 aggregate principal amount of Notes on the same terms and conditions, solely to cover over-allotments. The Note

    9/29/25 4:32:00 PM ET
    $BTBT
    Finance: Consumer Services
    Finance

    WhiteFiber, Inc. Reports Second Quarter 2025 Results

    NEW YORK, Sept. 17, 2025 /PRNewswire/ -- WhiteFiber, Inc. (NASDAQ:WYFI) ("WhiteFiber" or the "Company"), leading provider of AI infrastructure and HPC solutions, today announced its financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Highlights Total revenue of $18.7 million, an increase of 48% year-over-year.Cloud services revenue of $16.6 million, up 33% year-over-year, with gross margin of 61%.Colocation services revenue of $1.7 million, contributing gross margin of 60%.Total gross profit of $11.5 million, compared to $8.0 million in the prior-

    9/17/25 4:01:00 PM ET
    $BTBT
    $WYFI
    Finance: Consumer Services
    Finance

    $BTBT
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Craig Hallum initiated coverage on Bit Digital with a new price target

    Craig Hallum initiated coverage of Bit Digital with a rating of Buy and set a new price target of $6.00

    1/21/25 8:42:47 AM ET
    $BTBT
    Finance: Consumer Services
    Finance

    B. Riley Securities initiated coverage on Bit Digital with a new price target

    B. Riley Securities initiated coverage of Bit Digital with a rating of Buy and set a new price target of $6.00

    10/24/24 6:17:02 AM ET
    $BTBT
    Finance: Consumer Services
    Finance

    Northland Capital initiated coverage on Bit Digital with a new price target

    Northland Capital initiated coverage of Bit Digital with a rating of Outperform and set a new price target of $6.00

    2/13/24 7:53:38 AM ET
    $BTBT
    Finance: Consumer Services
    Finance

    $BTBT
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    $BTBT
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Pierce Brock Jeffrey bought $1,000,000 worth of Ordinary Shares (500,000 units at $2.00) (SEC Form 4)

    4 - Bit Digital, Inc (0001710350) (Issuer)

    6/27/25 10:32:30 AM ET
    $BTBT
    Finance: Consumer Services
    Finance

    Chief Executive Officer Tabar Samir bought $1,500,000 worth of Ordinary Shares (750,000 units at $2.00), increasing direct ownership by 55% to 2,108,089 units (SEC Form 4)

    4 - Bit Digital, Inc (0001710350) (Issuer)

    6/26/25 3:35:08 PM ET
    $BTBT
    Finance: Consumer Services
    Finance

    VP of Finance and CAO Zhu Justin covered exercise/tax liability with 1,038 units of Ordinary Shares, decreasing direct ownership by 2% to 45,340 units (SEC Form 4)

    4 - Bit Digital, Inc (0001710350) (Issuer)

    9/24/25 7:27:52 PM ET
    $BTBT
    Finance: Consumer Services
    Finance

    VP of Finance and CAO Zhu Justin covered exercise/tax liability with 20,077 units of Ordinary Shares, decreasing direct ownership by 32% to 43,253 units (SEC Form 4)

    4 - Bit Digital, Inc (0001710350) (Issuer)

    8/22/25 4:00:35 PM ET
    $BTBT
    Finance: Consumer Services
    Finance

    VP of Finance and CAO Zhu Justin converted options into 47,619 units of Ordinary Shares, increasing direct ownership by 303% to 63,330 units (SEC Form 4)

    4 - Bit Digital, Inc (0001710350) (Issuer)

    8/20/25 5:06:44 PM ET
    $BTBT
    Finance: Consumer Services
    Finance

    $BTBT
    Leadership Updates

    Live Leadership Updates

    View All

    WhiteFiber Inc., Bit Digital's AI Unit, acquires ~1,000,000 square foot North Carolina Industrial Property to Support up to 200 MW HPC Data Center Campus

    NEW YORK, June 2, 2025 /PRNewswire/ -- WhiteFiber Inc., the wholly-owned HPC subsidiary of Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), announced today that it has completed the acquisition of a 96-acre, ~1 million square foot industrial property in Madison, North Carolina. The Company will retrofit the facility into a flagship AI data center campus ("Facility"). The Facility has immediately available power. The Company has entered into a capacity agreement with the utility, Duke Energy, for 99 MW, of which 24 MW are expected to be delivered on or about Se

    6/2/25 8:00:00 AM ET
    $BTBT
    Finance: Consumer Services
    Finance

    Bit Digital, Inc. Announces Key Hires for Its HPC Business; Appoints Benjamin Lamson as Head of Revenue and Tom Sanfilippo as CTO

    NEW YORK, Sept. 20, 2024 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), a sustainable platform for digital assets and artificial intelligence ("AI") infrastructure headquartered in New York, announced today that the Company has appointed Benjamin Lamson as Head of Revenue and Tom Sanfilippo as Chief Technology Officer ("CTO"). Both executives will report directly to CEO Sam Tabar and play critical roles in the growth and development of Bit Digital's high-performance computing ("HPC") business. The Company has also added additional headcount across sales and AI/ML engineering roles in an effort to scale its HPC business.

    9/20/24 8:00:00 AM ET
    $BTBT
    Finance: Consumer Services
    Finance

    Fastest Smart Contracts Platform Launches $290M Incentive Program to Create Scalable Chains to Support DeFi, NFTs

    NEW YORK, March 17, 2022 /PRNewswire/ -- The fastest smart contracts platform on the blockchain, Avalanche Foundation just announced "Multiverse", an incentive program of up to $290 million (4 million AVAX tokens) to help grow "subnets" on its network. The incentive program aims to create scalable chains to support Defi, NFT, and blockchain games on Avalanche. With this launch, Avalanche competes with rivals Cosmos and Polkadot, blockchain operators that already offer similar functionality. Synergies between CeFi, DeFi, gaming, and NFTs provide a tremendous opportunity for WonderFi Technologies (NEO:WNDR) (OTCPK:WONDF), Coinbase Global (NASDAQ:COIN), Bit Digital Inc (NASDAQ:BTBT), DMG Blockc

    3/17/22 8:50:00 AM ET
    $BITF
    $BTBT
    $COIN
    Finance: Consumer Services
    Finance

    $BTBT
    Financials

    Live finance-specific insights

    View All

    Bit Digital, Inc. Announces Date for Second Quarter 2025 Financial Results and Conference Call

    NEW YORK, Aug. 11, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), in New York, announced today that it will release its Second Quarter 2025 results on Thursday, August 14, 2025, after the stock market closes. Senior management will host a live webcast and conference call to review on August 15, 2025, at 10:00 a.m. ET. To register for the earnings call, please click here. Additionally, participants can join the conference call by dialing 1-800-289-0462 (passcode: 423774). The Company will issue a press release regarding Second Quarter 202

    8/11/25 8:00:00 AM ET
    $BTBT
    Finance: Consumer Services
    Finance

    Bit Digital, Inc. Announces First Quarter of Fiscal Year 2025 Financial Results

    NEW YORK, May 15, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) (the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York City, today announced its financial results for the First Quarter of 2025. The Company will host a conference call on May 16, 2025, at 10:00 AM ET to discuss results (click here for registration information). Financial Highlights for First Quarter of 2025 Total revenue for the First Quarter of 2025 was $25.1 million, a 17% decrease compared to the prior year's resul

    5/15/25 4:01:00 PM ET
    $BTBT
    Finance: Consumer Services
    Finance

    Bit Digital, Inc. Announces Date for First Quarter 2025 Financial Results and Conference Call

    NEW YORK, May 8, 2025 /PRNewswire/ -- Bit Digital, Inc. (NASDAQ:BTBT) ("Bit Digital" or the "Company"), a global platform for high-performance computing ("HPC") infrastructure and digital asset production headquartered in New York, announced today that it will release its First Quarter 2025 results on Thursday, May 15, 2025, after the stock market closes. Senior management will host a live webcast and conference call to review results on Friday, May 16, 2025, at 10:00 a.m. ET.To register for the earnings call, please click here. Additionally, participants can join the conference call by dialing 1-877-612-6725 (passcode: 151360).The Company will issue a press release regarding First Quarter 2

    5/8/25 5:00:00 PM ET
    $BTBT
    Finance: Consumer Services
    Finance

    $BTBT
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13G/A filed by Bit Digital Inc.

    SC 13G/A - Bit Digital, Inc (0001710350) (Subject)

    11/7/24 10:18:48 AM ET
    $BTBT
    Finance: Consumer Services
    Finance

    SEC Form SC 13G/A filed by Bit Digital Inc. (Amendment)

    SC 13G/A - Bit Digital, Inc (0001710350) (Subject)

    3/7/24 12:29:52 PM ET
    $BTBT
    Finance: Consumer Services
    Finance

    SEC Form SC 13G filed by Bit Digital Inc.

    SC 13G - Bit Digital, Inc (0001710350) (Subject)

    2/12/24 5:21:14 PM ET
    $BTBT
    Finance: Consumer Services
    Finance