Bitcoin Mining Company BitMine Successfully Raises $18 Million to Increase BTC Holdings
Bitcoin mining company BitMine Immersion Technologies (NYSE: BMNR) announced the completion of an $18 million public offering, issuing 2.25 million shares of common stock at a price of $8 per share. The company has been approved for listing on the NYSE American and plans to use the net proceeds from this offering to purchase Bitcoin, further strengthening its cryptocurrency reserves.
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