AirNet Technology Inc. Expands Horizons with $180 Million Digital Asset Investment

Reuters

2025/08/28

AirNet Technology Inc. Expands Horizons with $180 Million <a href="https://laohu8.com/S/DAAQU">Digital Asset</a> Investment

AirNet Technology Inc. has successfully completed a substantial registered direct offering, raising approximately US$180.0 million through the sale of 80,826,225 ordinary shares and accompanying warrants. In a significant shift towards the digital asset ecosystem, the proceeds were received in digital currencies, specifically 819.07 Bitcoin and 19,928.91 Ethereum. This move marks a strategic transformation for the company, as it embarks on a new corporate direction. To navigate this transition, AirNet has enlisted a team of experienced cryptocurrency professionals to develop a comprehensive strategy aimed at maximizing shareholder value. CEO Dan Shao highlighted the flexibility provided by this capital infusion, positioning AirNet as an active and intelligent participant in the digital asset landscape.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AirNet Technology Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN61081) on August 28, 2025, and is solely responsible for the information contained therein.

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