Odaily Planet Daily News Bitmine Immersion (BMNR) has increased the size of its "at-the-market offering" (ATM) plan from $2 billion to $4.5 billion. The company submitted a prospectus supplement to the U.S. Securities and Exchange Commission on July 24, authorizing the continued sale of common stock in the open market through two brokerages, Cantor Fitzgerald and ThinkEquity. This additional issuance provides financial support for the company to further increase its holdings of ETH and expand its asset reserves.
It was previously reported that Bitmine updated its ETH holdings. As of 11:59 p.m. Eastern Time on July 23, 2025 (11:59 today, Beijing Time), Bitmine held a total of 566,776 ETH, worth more than $2 billion.