BitMine Expands Stock Sale Program To $24.5 Billion For Ethereum Purchases
Posted On August 12, 2025
BitMine Immersion Technologies (AMEX:BMNR) has significantly expanded its stock sale capacity, outlining plans to raise up to $24.5 billion to accelerate Ethereum acquisitions.
What Happened: According to a supplementary prospectus filed with the U.S. Securities and Exchange Commission, the Ethereum (CRYPTO: ETH) treasury company increased the maximum total of common stock it may sell under its Controlled Equity Offering Sales Agreement to $24.5 billion.
This total includes up …
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