Bitmine has increased its market stock issuance scale to $4.5 billion to increase its holdings in Ethereum.

robot
Abstract generation in progress

On July 24, Bitmine Immersion (BMNR) raised the scale of its "At Market Issuance" (ATM) plan from $2 billion to $4.5 billion. The company submitted a supplementary prospectus to the SEC on July 24, authorizing the continuous sale of common stock in the open market through the brokerages Cantor Fitzgerald and ThinkEquity. This issuance provides funding support for the company to further increase its ETH holdings and expand its asset reserves. According to previous reports, Bitmine updated its ETH holdings status, stating that as of 11:59 PM Eastern Time on July 23, 2025 (11:59 PM Beijing Time today), Bitmine held a total of 566,776 ETH, worth over $2 billion.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)