BitMine Immersion Technologies Completes Public Offering and Plans Bitcoin Purchase

According to PANews, BitMine Immersion Technologies, a Bitcoin mining company, has announced the completion of its public offering of 2.25 million shares, priced at $8 per share, raising a total of $18 million. The company intends to use the net proceeds for the direct purchase of Bitcoin. Additionally, BitMine's stock has been approved for listing on the NYSE American exchange under the ticker symbol 'BMNR' as of June 5. This move will coincide with the termination of its trading on the OTCQX market.