BTC Digital Ltd. (BTCT) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
BTCT currently has 9.52M outstanding shares. with significant dilution risk as 17M authorized shares could dilute existing holders by 178.4%. The company has significantly diluted shareholders by 169.34% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 11, 2026 |
20-F filing | 9.5M shares outstanding |
9.5M | 17M |
| Apr 30, 2025 |
20-F filing | 6.4M shares outstanding |
6.4M | 20M |
| Dec 12, 2024 |
8-K filing: BTC Digital Ltd. announces the partial exercise of the underwriter's over-allotment option, resulting in the purchase of 228,853 ordinary shares at $8.00 per share, generating gross proceeds of $1,830,824.00 before deducting expenses. ($1.83M proceeds) |
3.3M | 23M |
| Dec 09, 2024 |
8-K filing: BTC Digital Ltd. completed a public offering of 880,000 ordinary shares and pre-funded warrants to purchase 1,620,000 ordinary shares at a price of $8.00 per share and $7.999 per share underlying each Pre-Funded Warrant, respectively, for net proceeds of approximately $18.40 million. |
3.3M | 23M |
| Nov 20, 2024 |
S-3 filing: BTC DIGITAL LTD. files an S-3 to offer and sell up to US$150,000,000 of any combination of ordinary shares, preferred shares, debt securities, warrants, rights, and units. |
3.3M | 23M |
| Nov 15, 2024 |
8-K filing: BTC Digital Ltd. issued 727,425 ordinary shares on November 13, 2024, and 120,372 ordinary shares on November 15, 2024, to holders of investor warrants through cashless exercises. |
3.3M | 23M |
| Nov 14, 2024 |
10-Q filing | 3.3M shares outstanding |
3.3M | 23M |
| Aug 14, 2024 |
10-Q filing | 2.6M shares outstanding |
2.6M | 24M |
| May 15, 2024 |
10-Q filing | 2.6M shares outstanding |
2.6M | 24M |
| Apr 15, 2024 |
10-K filing | 2.1M shares outstanding |
2.1M | 24M |
| Mar 15, 2023 |
20-F filing | 20.9M shares outstanding |
21M | 5.6M |
| Sep 07, 2022 |
F-1 filing: This F-1 filing relates to an offering of ordinary shares by selling shareholders, consisting of shares issuable upon exercise of Pre-Funded Warrants and Investor Warrants. |
14M | 13M |
| Aug 11, 2022 |
Stock Split
6-K filing: Meten Holding Group Ltd. completed a private placement and registered offering on August 8, 2022, selling pre-funded warrants and ordinary shares to accredited investors, and effected a 1-for-30 share consolidation on May 4, 2022. ($15.0M proceeds) |
340M | 0 |
| May 16, 2022 |
20-F filing | 341.1M shares outstanding |
340M | 0 |
| May 27, 2021 |
POS AM filing: This prospectus relates to the offering of ordinary shares, warrants, and units of Meten EdtechX Education Group Ltd. including shares issuable upon exercise of warrants and unit purchase options, resale of ordinary shares and warrants by selling securityholders, and issuance of ordinary shares upon exercise of transferred warrants. |
100M | 3.6M |
| May 13, 2021 |
F-3 filing: METEN EDTECHX EDUCATION GROUP LTD. may, from time to time, in one or more offerings, offer and sell up to US$150,000,000 of any combination of ordinary shares, preferred shares, debt securities, warrants, rights, and units. |
57M | 220M |
| Apr 30, 2021 |
20-F filing | 56.9M shares outstanding |
57M | 110M |
| Jul 24, 2020 |
F-1 filing: This F-1 filing includes the offering of an aggregate of 51,025,947 ordinary shares, 6,260,000 warrants and 250,000 units. It also includes resale of up to 44,330,947 of our ordinary shares and 6,260,000 warrants, which may be offered for sale from time to time by the selling securityholders named in this prospectus |
53M | 110M |
| Jun 04, 2020 |
20-F filing | 0.0M shares outstanding |
1 | 0 |