bit immersion technology (BMNR) Already received $250 million through private stocks and will use these funds to launch Ether
Ministry of Finance.
When the transaction is over, it is expected to be on July 3, Las Vegas miners say It will be listed as one of the largest public transaction holders of ETH.
The financing price is $4.50 per share and brings together investors including Founder Fund, Pantera Capital, Kraken, Galaxy Digital and Republic. Cantor Fitzgerald advised chief investor Mozayyx, while Thinkquity reached a deal.
Bitmine believes its choice as a primary reserve asset is justified, saying Ethereum currently leads Stablecoin payments, tokenized assets and decentralized financial applications.
“By directly owning an ETH Treasury role, the company can access local protocol-level activities such as Staking and Spementalized Finance mechanisms on the Ethereum network,” the company wrote.
The move also reshapes Bitmine’s leadership. Fundstrat founder Thomas Lee, known on Wall Street for his crypto research and bullish research, is the newly appointed chairman of the board.
Lee said the round reflects “a rapid and continuous convergence of traditional financial services and cryptocurrencies” and sets new key performance indicators for the company: Ether per share.
Sharplink Games (SBET) It is one of the few companies that have recently been publicly traded Raise it to 188,478 ETH. Most companies that create cryptocurrencies focus on Bitcoin
.
Bitmine’s stock has more than tripled in pre-sales action to nearly $14.
