AirNet Technology Inc. has completed a direct offering, raising US$180 million through the sale of shares and warrants. The entire proceeds were paid in digital assets, including Bitcoin and Ethereum, as the company shifts focus to the cryptocurrency sector. This capital raise supports AirNet’s strategy to become a key player in the digital asset ecosystem. CEO Dan Shao emphasized that the financing aligns with the company’s future plans and provides flexibility to participate in the digital asset market. ANTE is currently trading at $3.88 on the NasdaqCM, a 15.2614% increase.

Read more at Nasdaq MarketSite: AirNet Raises $180 Mln In Bitcoin And Ethereum To Drive Digital Asset Transformation