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Bitmine Increases Market Stock Issuance Size to $4.5 Billion to Boost Ethereum Holdings

Summary: According to reports, Bitmine Immersion (BMNR) has raised its At-The-Market (ATM) offering size from $2 billion to $4.5 billion. The company submitted a supplemental filing to the U.S. Securities and Exchange Commission on July 24, authorizing Cantor Fitzgerald and ThinkEquity to continue selling common stock in the public market. This issuance aims to provide funding ...

According to reports, Bitmine Immersion (BMNR) has raised its At-The-Market (ATM) offering size from $2 billion to $4.5 billion. The company submitted a supplemental filing to the U.S. Securities and Exchange Commission on July 24, authorizing Cantor Fitzgerald and ThinkEquity to continue selling common stock in the public market. This issuance aims to provide funding for further increasing ETH holdings and expanding asset reserves.

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