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BitMine Immersion Technologies Raises $2.7M in Offering

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BitMine Immersion Technologies Raises $2.7M in Offering

Elevate Your Investing Strategy:

An update from BitMine Immersion Technologies ( (BMNR) ) is now available.

On June 6, 2025, BitMine Immersion Technologies closed a public offering of 2,250,000 shares at $8.00 per share, raising significant capital. The underwriter, ThinkEquity LLC, fully exercised its over-allotment option on July 2, 2025, adding approximately $2.7 million in gross proceeds, potentially strengthening the company’s financial position and market competitiveness.

More about BitMine Immersion Technologies

BitMine Immersion Technologies operates in the technology sector, focusing on providing advanced solutions for cryptocurrency mining through immersion cooling technology.

Average Trading Volume: 3,067,833

Technical Sentiment Signal: Buy

Current Market Cap: $283.4M

Find detailed analytics on BMNR stock on TipRanks’ Stock Analysis page.

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