BitMine Immersion Technologies Announces Public Offering and Bitcoin Purchase

Summary

On June 4, 2025, BitMine Immersion Technologies, Inc. announced the pricing of a public offering of its common stock, targeting gross proceeds of $18 million. The offering closed on June 6, 2025, with net proceeds of $16,150,000 intended for bitcoin purchases. The company also announced its uplisting to the NYSE American LLC stock exchange, effective June 5, 2025. A press release on June 9, 2025, disclosed that the company had used some of the net proceeds to purchase bitcoin. A corporate presentation was prepared for a non-deal roadshow starting on June 10, 2025.