Bitmine increases its market share offering to $4.5 billion to increase Ethereum holdings

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On July 24, Bitmine Immersion (BMNR) increased its "At-the-Market" (ATM) program size from $2 billion to $4.5 billion. The company filed a prospectus supplement with the U.S. Securities and Exchange Commission on July 24, authorizing continuous sales of common stock through two brokers, Cantor Fitzgerald and ThinkEquity. This additional issuance will provide funding support for the company to further acquire ETH and expand its asset reserves.

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