BitMine Immersion Technologies expanded its leading Ethereum treasury to more than 5.6 million ETH valued at greater than $10 billion.
In brief
BitMine added more than $139 million in Ethereum last week as it completed its preferred share offering.
Preferred shares of BMNP will begin trading on Tuesday, and netted the firm nearly $274 million in proceeds for ETH accumulation and infrastructure building.
Shares of BMNR have popped more than 6% as ETH has surged nearly 9% in the last 24 hours.
Ethereum news: Tom Lee's Bitmine (BMNR) buys 76,881 ETH as preferred equity sale fuels expansion
Tom Lee’s Bitmine Adds 76,881 ETH as Holdings Reach 5.62 Million ETH
Bitmine's perpetual preferred stock debuts on NYSE at $80 per share with 9.5% dividend
Why Did BitMine Stock Gain On Monday? - BitMine Immersion (NYSE:BMNR)
Bitmine Buys 76,881 ETH As BMNR Jumps 6%: What's Going On? - BitMine Immersion (NYSE:BMNR)
BitMine acquires $135M in Ethereum, signaling institutional interest in ETH treasury strategies
Tom Lee's Bitmine buys $41 million worth of ETH, continuing aggressive treasury expansion: onchain data
Bitmine buys additional 25,000 Ethereum for $41M this week
Bitmine Immersion Technologies (BMNR) announces ETH holdings reach 5.62 million tokens, and total crypto and total cash holdings of $10.4 billion
Tom Lee sees ‘early stages of crypto spring’ as Bitmine buys another 76,881 ETH
BitMine is borrowing from Strategy’s Bitcoin playbook, debuting its own preferred share in an upsized offering to raise funds to…
BitMine Immersion Technologies made its largest Ethereum acquisition yet this year—just weeks after saying it might slow down its…
Tom Lee's Ethereum treasury firm, through the preferred stock sale, is using a financing tool pioneered by Michael Saylor's…
The company bought 111,942 ether last week worth $237 million as it saw ETH slide below $2,200 as attractive buying opportunity.
Bitmine's crypto, cash, securities, and strategic holdings now total $10.4 billion, with the company closing a preferred stock…
Bitmine Immersion Technologies plans to issue 3M shares of 9.50% perpetual preferred stock to raise $300M for Ethereum purchases…
