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BitMine Immersion Expands Stock Offering to $24.5B

Story Highlights
  • BitMine Immersion Technologies increased its stock offering from $2 billion to $24.5 billion.
  • The expansion in capital-raising efforts may impact the company’s market positioning and stakeholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BitMine Immersion Expands Stock Offering to $24.5B

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BitMine Immersion Technologies ( (BMNR) ) has issued an update.

BitMine Immersion Technologies, Inc. announced amendments to its at-the-market offering prospectus, initially disclosed on July 9, 2025. The company increased the aggregate offering price of its common stock from $2 billion to $24.5 billion through a series of amendments filed with the SEC on July 24, 2025, and August 12, 2025. This move signifies a significant expansion in the company’s capital-raising efforts, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (BMNR) stock is a Buy with a $60.00 price target. To see the full list of analyst forecasts on BitMine Immersion Technologies stock, see the BMNR Stock Forecast page.

More about BitMine Immersion Technologies

Average Trading Volume: 20,029,444

Technical Sentiment Signal: Buy

Current Market Cap: $6.62B

For detailed information about BMNR stock, go to TipRanks’ Stock Analysis page.

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