DeepFlowTech
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According to Deep Tide TechFlow news, on May 4, Bitcoin mining company Bit Digital submitted an application to raise up to $500 million through the issuance of stocks at market price (ATM). This fundraising will be executed by investment bank H.C. Wainwright & Co., and the funds raised will be used to support the company's diversification into high-performance computing and cloud services, including the purchase of new equipment, replenishing working capital, and potential acquisitions. It is worth noting that this fundraising scale exceeds the company's current market capitalization of $429 million, and if fully completed, it may lead to significant dilution effects.

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