BitMine Immersion Technologies Completes Bitcoin Purchases for Treasury

MT Newswires Live

2025/06/18

BitMine Immersion Technologies (BMNR) said late Tuesday it completed bitcoin purchases for treasury from the proceeds of its recent common stock offering.

The offering closed on June 6, raising over $16.3 million in net proceeds.

The company said it spent more than $16.3 million to buy roughly 154.2 bitcoins at an average price of $106,033.

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