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Digital asset company Bit Digital plans to raise $100 million through a convertible senior note offering to grow its Ether treasury, while BitMine Immersion Technologies has extended its lead as the largest Ether treasury company.
Bit Digital said in a statement on Monday it’s also offering an option for an extra $15 million in notes, with all net proceeds earmarked for more Ether (ETH) purchases, plus general corporate purposes, “including potential investments, acquisitions and other business opportunities relating to digital assets.”
Bit…
