Bitmine Immersion Upsizes Preferred Stock Offering to $273.8M

Bitmine Immersion Technologies (BMNR) has upsized its preferred stock offering from 3 million shares to 3.5 million shares at $80 per share, raising approximately $273.8 million in net proceeds. The funds will be used for Ethereum expansion.

By Khushi Singh, SA News Editor · Seeking Alpha ·

Bitmine Immersion Upsizes Preferred Stock Offering to $273.8M

Tickers: $BMNR

Topics: capital raising equity offering preferred stock

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