BitMine Immersion Stock Triples as it Raises $250M for Ether Treasury, Adds Thomas Lee to Board

coindesk.com/markets/2025/06/30/bitmine-immersion-stock-triples-as-it-adds-thomas-lee-to-board-raises-250m-for-ether-treasury-strategy

BitMine Immersion Technologies (BMNR) has secured $250 million via a private placement of common stock and will use the funds to launch an ether (ETH) treasury.
When the deal closes, expected July 3, the Las Vegas-based miner said it will rank among the largest publicly traded holders of…

This story appeared on coindesk.com, 2025-06-30 13:27:54.
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