Bit Digital has filed a preliminary prospectus with the SEC for the issuance of convertible bonds totaling $100 million, intended for the purchase of Ethereum (ETH). The move, confirmed on PR Newswire, aims to strengthen the company’s digital treasury in a context of high volatility in the crypto sector.
According to the data collected by our team monitoring SEC filings, when a shelf registration is already declared effective, the pricing process for similar offerings tends to be completed within 2–4 weeks from the preliminary announcement. Industry analysts note that announcements of this nature can generate significant intraday fluctuations: in the past, comparable issuances have produced movements exceeding 10% in the very short term, depending on the terms communicated.
Meanwhile, the stock BTBT showed strong fluctuation: it closed up 8.4% during the regular session, only to drop 10% in after-hours trading, as reported by Nasdaq data on September 29, 2025. The fili
We współpracy z: https://en.cryptonomist.ch/2025/09/30/bit-digital-proposes-100m-convertible-notes-to-buy-eth/
