Bitmine Immersion Stock Sheds Another 20% After $2B ATM Offering

coindesk.com/markets/2025/07/10/bitmine-immersion-sheds-another-20-after-2b-atm-offering

Shares of Bitmine Immersion Technologies (BMNR), the ether (ETH) treasury strategy firm helmed by Fundstrat's Thomas Lee, slid 20% Thursday, extending a 40% drop from the previous day, as the company disclosed plans to raise up to $2 billion through a stock sale agreement.
The selloff…

This story appeared on coindesk.com, 2025-07-10 15:00:36.
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