news 
Title: Bit Digital Seeks to Expand Its Reach with a Whopping $1 Billion in Share Capital
Date: July 26, 2025
In a move aimed at solidifying its position as one of the largest public holders of Ethereum (ETH), Nasdaq-listed digital asset mining firm Bit Digital has announced plans to increase its authorized share capital from 340 million to an unprecedented 1 billion shares. This significant expansion is set to take place through a shareholder vote in September, with the goal of funding additional ETH purchases.
As one of the largest public holders of Ethereum, Bit Digital’s confidence in the asset’s long-term potential speaks volumes about the company’s commitment to this strategic growth path. It remains to be seen whether this bold move will pay off for investors or create new opportunities within the blockchain and cryptocurrency space.
The company has taken a significant step towards realizing its vision by expanding its share capital, demonstrating unwavering support for Ethereum and its potential to transform the digital landscape.
Source: coinpedia.org
