Crypto
BTCT Resale Could More Than Double Shares
A recent filing by BTC Digital (Nasdaq: BTCT) has revealed that its resale could potentially more than double shares.
The company's Registration Statement with the U.S. Securities and Exchange Commission on August 24, 2026, outlines plans for selling up to 18,421,050 ordinary shares, consisting of 5,175,437 Ordinary Shares, 964,913 Ordinary Shares issuable upon exercise of Pre-Funded Warrants, and 12,280,700 Ordinary Shares issuable upon exercise of Common Warrants.
BTC Digital's resale is part of the Securities Purchase Agreement executed between the company and the selling shareholders on June 26, 2026. Under this agreement, the company agreed to sell approximately $7 million worth of Ordinary Shares and warrants.