BTC Digital Seeks Approval to Resell 18.4M Private Placement Shares

BTC Digital Ltd., an exempted company in the Cayman Islands, has filed to register the resale of up to 18.4 million private placement shares with the US Securities and Exchange Commission.

The registration is a result of a securities purchase agreement executed on June 26 between the company and selling shareholders, which included approximately $7 million worth of ordinary shares and warrants.

The Ordinary Shares being registered are listed on the Nasdaq Capital Market under the symbol 'BTCT', with a closing price of $0.54 per share as of July 28.