BitMine Immersion Technologies Lists on NYSE American

According to PANews, BitMine Immersion Technologies has announced its listing on the NYSE American and its entry into the capital markets. The company stated that it can issue shares through an existing shelf registration without requiring shareholder approval. The current ATM financing plan remains a registered legal public transaction and does not need shareholder approval to continue. This means it is not subject to Nasdaq's requirement for listed companies to obtain shareholder approval before issuing new shares to purchase cryptocurrencies. Previously, it was reported that Nasdaq is intensifying its scrutiny of listed companies that typically raise funds to buy and hoard cryptocurrencies to boost their stock prices.