Bit Digital Inc. (BTBT) is planning a registered underwritten public offering of $100 million in convertible senior notes due 2030. The company may also offer an additional $15 million to cover over-allotments. The notes will be senior, unsecured obligations, maturing on October 1, 2030. Proceeds will be used to purchase Ethereum and for general corporate purposes. Barclays, Cantor, and B. Riley Securities are joint lead book-running managers for the offering.

Read more at Nasdaq: Bit Digital Proposes Public Offering Of $100 Mln Of Convertible Senior Notes Due 2030