Bit Digital Stock Hits Rough Patch: Analysis
Rising regulatory scrutiny amidst Chinese headquarters leads Bit Digital Inc. stocks trading down by -8.66 percent.
Highlights
- A proposed public offering of $100M in convertible senior notes by Bit Digital has caught the market’s attention.
- Additional $15M option for over-allotments in the offering could enhance their digital asset investments.
- Shares plummeted by around 11% following the news about the capital-raising strategy.
Live Update At 14:02:24 EST: On Wednesday, October 22, 2025 Bit Digital Inc. stock [NASDAQ: BTBT] is trending down by -8.66%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.
Bit Digital’s Financial Snapshot
As Tim Bohen, lead…