other material
confidence high
sentiment neutral
materiality 0.25
Bit Digital shareholders approve authorized share capital increase to 1B ordinary shares
Bit Digital, Inc
- Authorized share capital increased from $3.5M (340M ordinary) to $10.1M (1B ordinary).
- Resolution passed with 66.7% affirmative votes at September 25 general meeting.
- Preference shares unchanged at 10 million, $0.01 par value.
- Increase provides flexibility for future capital raising or strategic transactions.