BTC Digital $BTCT, a Nasdaq-listed company, announced that it has reached a final agreement with institutional investors. It plans to raise $6 million through the issuance of common stock, with a targeted placement price of $3 per share, including the sale of 2 million shares of common stock. The transaction is expected to be completed around July 16, 2025, and BTC Digital anticipates using the net proceeds from this issuance and its existing cash to purchase $ETH.