AirNet Secures $180 Million in Bitcoin and Ethereum to Propel Digital Asset Innovation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 28 2025
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Source: NASDAQ.COM
Funding Achievement: AirNet Technology Inc. has successfully completed a registered direct offering, raising approximately $180 million through the sale of over 80 million ordinary shares and warrants.
Cryptocurrency Payment: The entire proceeds were paid in digital assets, specifically around 819 Bitcoin and nearly 20,000 Ethereum, indicating a strategic shift towards the cryptocurrency sector.
Strategic Focus: This capital raise is part of AirNet's strategy to actively engage in the digital asset ecosystem, with plans to maximize shareholder value through expert guidance.
Market Performance: Following the announcement, AirNet's stock price increased by 15.26%, trading at $3.88 on NasdaqCM.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
