BitDigital (NASDAQ: BTBT) is breaking new ground in finance, becoming the first publicly traded Ethereum DAT to deploy unsecured leverage. The move is an evolution in how public blockchain companies raise capital, blending traditional debt instruments with decentralized infrastructure models.

Why This Move Redefines Capital Formation For Ethereum DATs

In an X post , BitDigital_BTBT revealed that the company has made history as the first publicly traded Ethereum Digital Asset Treasury (DAT) to deploy unsecured leverage through a convertible notes offering, marking a new milestone in blockchain-based corporate finance. The latest move by the financial behemoth will be beneficial to the company shareholders.

However, this initiative will enhance capital efficiency for shareholders, w

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