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.
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The company is set on acquiring a significant portion of Ethereum, eyeing a $20 billion fundraise to boost its ETH holdings.
BMNR experiences a 25% surge as Ether sees a 9% increase, sparking interest in ETH corporate treasury strategies.
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.
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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