BTC Digital Ltd. Announces Closing of $6.0 Million Registered Direct Offering

BTC Digital Ltd. (NASDAQ: BTCT) (the “Company”), a blockchain technology company, announced the closing of the previously announced registered direct offering with institutional investors of approximately $6.0 million of the Company’s Ordinary Shares at a price of $3.00 per Ordinary Share. The offering consisted of the sale of 2,000,000 Ordinary Shares.

Aggregate gross proceeds to the Company were approximately $6.0 million before deducting fees to the placement agent and other expenses payable by the Company. The transaction closed on July 16, 2025. The Company expects to use the net proceeds from the offering, together with its existing cash, for the purchase of Ethereum.

Aegis Capital Corp. acted as exclusive placement agent for the offering. VCL Law LLP acted as U.S. counsel to the Company. AllBright Law Offices acted as PRC counsel to the Company. Conyers Dill & Pearman acted as Cayman counsel to the Company. Kaufman & Canoles, P.C. acted as counsel to Aegis Capital Corp.

The registered direct offering was made pursuant to an effective shelf registration statement on Form S-3 (No. 333-283367) previously filed with the U.S. Securities and Exchange Commission (SEC) and declared effective by the SEC on December 5, 2025. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Aegis Capital Corp., Attention: Syndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY 10105, by email at syndicate@aegiscap.com, or by telephone at +1 (212) 813-1010.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.