On June 30, 2025, BitMine Immersion Technologies announced a $250 million private placement to fund a new Ethereum treasury strategy. The company priced 55,555,556 common shares at $4.50 each. The deal was signed and is expected to close around July 3, subject to NYSE American’s Supplemental Listing Application approval. The company stated it will use […]

The post BitMine Secures $250M for Ethereum Push as ETH Charts 17% Breakout Pattern appeared first on Coinchapter.