The US-listed company Bit Digital plans to increase its legal capital to purchase more ETH.

On July 26, according to SEC filings, Bit Digital (BTBT), a publicly listed company in the US, will hold a special shareholder meeting on September 10, 2025, at 9:00 AM at the company's main office address (31 Hudson Yards, 11th Floor, New York City, New York, USA) and online. Shareholders can attend in person or participate in the meeting via live stream to exercise their voting rights and submit questions during the meeting. This meeting will review and approve the increase of the company's authorized capital from $3.5 million (divided into 340 million shares of common stock at $0.01 per share; and 10 million shares of preferred stock at $0.01 per share) to $10.1 million (divided into 1 billion shares of common stock at $0.01 per share; and 10 million shares of preferred stock at $0.01 per share). Bit Digital stated that the company plans to raise a significant amount of additional equity financing in the short term to advance its growth strategy, especially the acquisition of Ethereum. Management believes that the current authorized capital is insufficient to meet its needs.