Bitmine increases its market share offering to $4.50 billion to increase its holdings of Ethereum
2025-07-24 14:15:48
On July 24th, Bitmine Immersion (BMNR) increased the size of its "to market" (ATM) program from $2 billion to $4.50 billion. The company has submitted a prospectus supplement to the Securities Exchange Commission on July 24th, authorizing the continuous sale of common shares in the open market through two brokerages, Cantor Fitzgerald and ThinkEquity. The issue provides financial support for the company to further increase its holdings of ETH and expand its asset reserves.
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