Crypto
BitMine's New Strategy: Aiming to Raise $20B for Ethereum Purchases
The company is set on acquiring a significant portion of Ethereum, eyeing a $20 billion fundraise to boost its ETH holdings.
Crypto
BitMine's Ether Holdings Approach $5 Billion Following Latest Acquisition
The company aims for a 5% share of the entire ether supply, which is currently valued at around $25 billion.
Finance
Surge in BitMine Immersion Shares After $500 Million ETH Treasure Unveiling
BitMine Immersion Technologies' shares soared by over 40% after it announced holding 163,142 ETH valued at approximately $500 million, following a significant drop in prices due to a large offering.
Crypto
Tom Lee's Bitmine Sees 3,000% Surge After ETH Strategy Announcement, but Caution Urged Over Sharplink's Plunge
Bitmine Immersion's shares have skyrocketed by over 3,000% after announcing a significant fundraise for ether acquisitions, while investors are warned to be cautious of similar stock declines.
Crypto
BitMine Immersion Shares Surge Following $250 Million Ether Treasury Initiative and Board Appointment
BitMine Immersion Technologies announced a significant capital raise to establish an ether treasury, appointing Thomas Lee as its Chairman amidst increased investor interest.
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