Bit Digital will hold a shareholders' meeting to propose an increase in authorized share capital to support its rise strategy.

According to ChainCatcher news and SEC documents, the Nasdaq-listed company Bit Digital will hold a shareholders’ meeting on September 10, 2025, proposing to increase the authorized capital from $3.5 million (34 million common shares and 10 million preferred shares) to $10.1 million (1 billion common shares and 10 million preferred shares) to support its growth strategy, including the purchase of Ether.