secwatch.observer — SEC 8-K summary
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Issuer:     BTC Digital Ltd. (BTCT)
CIK:        0001796514
Form:       8-K
Filed at:   2024-11-15T23:59:59+00:00
Accession:  0001213900-24-099081
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BTC Digital issues 847,797 shares via cashless warrant exercises; inks Bitcoin mining hosting deals
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- Issued 727,425 shares on Nov 13 and 120,372 shares on Nov 15 via cashless warrant exercises to five holders.
- Press release announces new Bitcoin mining hosting agreements with two major clients, terms undisclosed.
- Holders include Armistice Capital, Empery Asset, Empery Tax Efficient entities, and Sabby Volatility.
- Shares issued under Section 4(a)(2) exemption, no registration.
- No cash proceeds from exercises; shares substituted for cash exercise price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1796514/000121390024099081/0001213900-24-099081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1796514/000121390024099081/ea0221365-8k_btcdigi.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-099081

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