Offerings // BTC Digital Ltd.

BTCT offering history

Every offering-related filing in BTC Digital Ltd.’s recent SEC record — registrations (announced capacity) kept separate from pricing documents (executed sales). Reviewed 210 filings back to Dec 17, 2019.

Last executed offering

Jul 16, 2025

424B5 — priced deal (shares or notes)

Last registration (announced)

Jul 29, 2026

F-1 — capacity, not a sale

Executed, last 12 months

424B pricings + 8-K 3.02 sales

Registered, last 12 months

S-1/S-3/F-series registrations

Date	Filing		What it means
Jul 29, 2026	F-1 →	REGISTERED	F-1 registration — capacity to sell shares, not a sale yet
Jul 16, 2025	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jul 15, 2025	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Dec 9, 2024	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Dec 6, 2024	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Dec 5, 2024	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Nov 20, 2024	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Nov 15, 2024	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Jul 3, 2024	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Mar 13, 2024	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Dec 15, 2022	F-1/A →	REGISTERED	F-1/A registration — capacity to sell shares, not a sale yet
Sep 7, 2022	F-1 →	REGISTERED	F-1 registration — capacity to sell shares, not a sale yet
Aug 8, 2022	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Nov 12, 2021	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Sep 3, 2021	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jun 3, 2021	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
May 25, 2021	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
May 24, 2021	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
May 21, 2021	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
May 13, 2021	F-3 →	REGISTERED	F-3 registration — capacity to sell shares, not a sale yet
Jan 7, 2021	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Jan 7, 2021	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Dec 8, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Dec 7, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Aug 31, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Aug 13, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Aug 7, 2020	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Aug 6, 2020	F-1/A →	REGISTERED	F-1/A registration — capacity to sell shares, not a sale yet
Jul 24, 2020	F-1 →	REGISTERED	F-1 registration — capacity to sell shares, not a sale yet
Mar 26, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Mar 23, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Mar 16, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Mar 16, 2020	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin

BTCT offering-related filings from SEC EDGAR, newest first (capped at 40). Each links to the original document.

Two honest limits. (1) A 424B takedown can price shares or notes— EDGAR’s metadata doesn’t say which, so open the document: large investment-grade filers use these mostly for bond deals (no dilution), small-caps mostly for shares. (2) At-the-market (ATM) programs sell shares gradually and individual sales are not separately filed — the visible footprint is the enabling shelf and its 424B5; actual ATM share counts surface later in the 10-Q/10-K share count. Educational information from public filings, not investment advice.

Is a shelf active now? →Do they need money? →Red flags →Full BTCT workspace →

BTCT offering FAQ

When did BTCT last execute an offering?

Per SEC filings, BTC Digital Ltd.'s most recent priced offering document is a 424B5 filed 2025-07-16. Note a 424B takedown can price shares or notes (debt) — the linked document says which.

When did BTCT last announce or register an offering?

The most recent registration is a F-1 filed 2026-07-29. A registration is capacity to sell shares — not a sale.

Does an offering always mean dilution?

Registered direct offerings and shelf takedowns issue new shares and dilute existing holders. Resale registrations (424B3/B7) let existing holders sell and do not create new shares. Secondary sales by insiders also do not dilute. Each row here is labeled with what it is.