On June 9, the cryptocurrency mining company BitMine Immersion Technologies announced that it had purchased 100 Bitcoins on the open market using funds raised from a recent stock issuance, officially launching its Bitcoin reserve strategy. The company stated that it will continue to increase its holdings of Bitcoin in the future as a long-term investment and a core business pillar.
On June 5, Bitcoin mining company BitMine Immersion Technologies, Inc. (NYSE American: BMNR) announced the completion of an $18 million initial public offering, issuing 2.25 million shares of common stock at a price of $8 per share, and has been approved for listing on the NYSE American. The company plans to use the net proceeds from the fundraising to purchase Bitcoin.
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Mining company BitMine announced the launch of a Bitcoin reserve strategy and has purchased 100 BTC.
On June 9, the cryptocurrency mining company BitMine Immersion Technologies announced that it had purchased 100 Bitcoins on the open market using funds raised from a recent stock issuance, officially launching its Bitcoin reserve strategy. The company stated that it will continue to increase its holdings of Bitcoin in the future as a long-term investment and a core business pillar.
On June 5, Bitcoin mining company BitMine Immersion Technologies, Inc. (NYSE American: BMNR) announced the completion of an $18 million initial public offering, issuing 2.25 million shares of common stock at a price of $8 per share, and has been approved for listing on the NYSE American. The company plans to use the net proceeds from the fundraising to purchase Bitcoin.