-+ 0.00%
-+ 0.00%
-+ 0.00%

BitMine Immersion Technologies, Inc. Completes Bitcoin Purchases from Proceeds of Offering, Now Owns 154.167 Total BTC

Barchart·06/17/2025 15:15:00
Listen to the news

LAS VEGAS, June 17, 2025 (GLOBE NEWSWIRE) -- BitMine Immersion Technologies, Inc. (“BitMine” and the “Company”) (NYSE American: BMNR), a technology company focused on the accumulation of Bitcoin for long-term investment, whether acquired by their Bitcoin mining operations or from the proceeds of capital raising transactions, today announced that it has completed all purchases of Bitcoin for its treasury from the proceeds of BitMine’s recent offering of shares of common stock, which closed on Friday, June 6, 2025 The net proceeds to the Company from the offering after deducting fees and expenses was approximately $16.340 million, and the Company spent $16.347 million to buy 154.167 Bitcoin at an average price of $106,033.

Read more at globenewswire.com

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.