{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-095533","form_type":"8-K","ticker":"BTBT","cik":"0001710350","company_name":"Bit Digital, Inc","filed_at":"2025-10-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.228875+00:00","generated_at":"2026-05-17T04:56:47.590743+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bit Digital prices $150M 4% convertible notes due 2030; net proceeds ~$143M for ETH purchases","bullets":["Offering upsized from $100M to $150M; underwriters' over-allotment option exercised in full on Sept 30.","4.00% coupon, maturity Oct 1, 2030; initial conversion rate 240.3846 shares/$1,000 ($4.16/sh, 30% premium).","Net proceeds $143.3M after discounts and expenses; funds to buy Ethereum and for general corporate.","Notes are senior unsecured; holders may convert to cash, shares, or combination at Co.'s election.","Redemption allowed on or after Oct 6, 2028 if stock price >=130% conversion price for 20 of 30 trading days."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-095533","json":"https://secwatch.observer/filing/0001213900-25-095533.json","markdown":"https://secwatch.observer/filing/0001213900-25-095533.md","text":"https://secwatch.observer/filing/0001213900-25-095533.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1710350/000121390025095533/0001213900-25-095533-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1710350/000121390025095533/ea0259669-8k_bitdigital.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:56:47.590743+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"83c69a71e5e89d52f14c41993790b934eb6905f3","claim":"Bit Digital, Inc incurred convertible notes of additional $15 million aggregate principal amount of Notes.","evidence_excerpt":"the exercise in full on September 30, 2025 of the underwriters' option to purchase an additional $15 million aggregate principal amount of Notes","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1710350/000121390025095533/0001213900-25-095533-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"additional $15 million aggregate principal amount of Notes"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"e21d99b051d03d9d28d0b1c6609fd993307a535f","claim":"Bit Digital, Inc incurred convertible notes of $150 million aggregate principal amount with U.S. Bank Trust Company, National Association at 4.00% per year maturing October 1, 2030.","evidence_excerpt":"Cantor Fitzgerald & Co. and B. Riley Securities, Inc. as representatives of the several underwriters named in Schedule I thereto, in connection with the issuance and sale of $150 million aggregate principal amount of the Company’s 4.00% Convertible Senior Notes due 2030 (the “Notes”), including the exercise in full on September 30, 2025 of the underwriters’","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1710350/000121390025095533/0001213900-25-095533-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$150 million aggregate principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"4.00% per year"},{"label":"Maturity","value":"October 1, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}