Bit origin limited announces proposed underwritten public offering of ordinary shares

New york, june 02, 2022 (globe newswire) -- bit origin limited (nasdaq: btog) ("bit origin" or the "company"), an emerging growth company engaged in crypto mining business with diversified expansion strategies, today announced that it intends to offer ordinary shares to purchase ordinary shares in a proposed underwritten public offering. the company intends to use the net proceeds from the offering for working capital and general business purposes. the offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
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