Bitmine increases its market share offering to $4.5 billion to increase Ethereum holdings
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Planet News: Bitmine Immersion (BMNR) has increased its "At-the-Market" (ATM) plan scale from $2 billion to $4.5 billion. The company submitted a supplementary prospectus to the U.S. Securities and Exchange Commission on July 24, authorizing continuous sales of common stocks through Cantor Fitzgerald and ThinkEquity brokers in the public market. This additional issuance provides funding support for the company to further increase its holdings and expand asset reserves. Previously reported, Bitmine updated its position, with a total of 566,776 held as of 11:59 PM Eastern Time on July 23, 2025 (11:59 PM Beijing Time today), valued at over $2 billion.
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