The encryption mining company Bit Digital has raised $150 million to purchase ETH.
Gate News bot reports that, according to The Miner Mag, the crypto mining company Bit Digital has raised $150 million in an initial public offering to accelerate its transition from Bitcoin mining to Ethereum equity and capital operations. The company issued 75 million shares at a price of $2 per share, with an additional 11.25 million shares available to underwriters through 30-day Options.