BTC Digital Ltd. Announces Share Consolidation

SHENZHEN, China, Aug. 23, 2023 /PRNewswire/ -- BTC Digital Ltd. ("BTC Digital" or the "Company") (NASDAQ: METX), a blockchain technology company, today announced that the Company plans to effect a share consolidation of twenty (20) ordinary shares with par value of $0.003 per share each in the Company's issued and unissued share capital into one (1) ordinary share with par value of US$0.06 (the "Share Consolidation"). As a result of the Share Consolidation, each twenty (20) pre-consolidation ordinary shares outstanding will automatically combine and convert into one issued and outstanding ordinary share without any action on the part of the shareholders.

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